$599,000

Estimated payment $3,789/month

Total Views 2,717
-- Bed
-- Bath
1,603 Sq Ft
$374 Price per Sq Ft

Highlights

  • Fruit Trees
  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Garden View
  • Shed
  • Wood Siding

About This Home

investors dream triplex is finally here in West Palm Beach. All three units are currently leased on a month-to-month basis, presenting a lucrative cash flow opportunity in the heart of West Palm Beach. Situated in close proximity to downtown West Palm Beach, the railway station, a supermarket, and top-rated schools, this property promises both convenience and substantial returns. Don't miss out on this money-making gem in West Palm Beach!

Listing Agent

Shakir Ahmed

Continental Properties, Inc. License #3346934

Continental Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,343

Year Built

  • Built in 1936

Lot Details

  • 6,713 Sq Ft Lot
  • Fruit Trees

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,603 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Garden Views

Outdoor Features

  • Shed

Schools

  • Pleasant City Elementary School
  • Roosevelt Community Middle School
  • Palm Beach Lakes High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434309050430070
  • Seller Considering Concessions

Community Details

Overview

  • 3 Units
  • Northwood Add Subdivision

Building Details

  • Operating Expense $13,256
  • Net Operating Income $44,944

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,343

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Head east on Palm Beach Lakes Blvd toward N Australian Ave, Turn right onto 25th St, Turn right onto 30th St. Turn right onto 30th St, destination will be on the right
  • Year Built: 1936
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Ceramic Tile
  • Living Area: 1603.0

Exterior Features

  • Exterior Features: Fruit Trees, Shed
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Wood Siding
  • Other Structures: Shed(s)
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Pleasant City
  • High School: Palm Beach Lakes
  • Middle Or Junior School: Roosevelt Community

Lot Info

  • Parcel #: 74434309050430070
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 6713.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 44944.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 13256.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5343.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,343 $205,977 -- --
2023 $4,958 $187,252 $91,990 $160,955
2022 $4,377 $170,229 $0 $0
2021 $4,021 $154,754 $30,000 $124,754
2020 $3,300 $146,353 $30,000 $116,353
2019 $3,107 $135,531 $28,000 $107,531
2018 $2,537 $103,680 $19,772 $83,908
2017 $2,271 $90,131 $15,209 $74,922
2016 $2,155 $74,351 $0 $0
2015 $1,973 $67,592 $0 $0
2014 $2,037 $69,288 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 For Sale $599,000 0.0% $374 / Sq Ft
03/05/2025 03/05/25 Off Market $599,000 -- --
01/31/2025 01/31/25 For Sale $599,000 +1326.2% $374 / Sq Ft
03/10/2014 03/10/14 Sold $42,000 -15.8% $39 / Sq Ft
02/10/2014 02/10/14 For Sale $49,900 -- $47 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $52,000 None Available
Special Warranty Deed $42,000 Assure America Title Company
Special Warranty Deed $17,460 Servicelink
Trustee Deed -- None Available
Warranty Deed $150,000 Investment Guarantee Title I
Warranty Deed $67,500 Universal Land Title Inc
Warranty Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $67,500 Unknown
Previous Owner $120,000 Purchase Money Mortgage
Previous Owner $67,500 Purchase Money Mortgage
Previous Owner $23,750 New Conventional
Source: Public Records

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    Section Image

Source: BeachesMLS

MLS Number: R11057582

BeachesMLS

APN: 74-43-43-09-05-043-0070