Multifamily in West Palm Beach, FL 33401
Freshwater Avenue, 711 Palm Beach Lakes Blvd

Beds
1,261
SqFt
$511
$/SqFt
Entry-Level Multifamily
Built in 1938
Outdoor Living Area
Attention Investors & Cash-Flow Buyers: Discover a rare, high-yielding multi-family asset perfectly situated in the rapidly growing West Palm Beach market. This versatile three-unit triplex offers an exceptional combination of immediate rental income, substantial square footage, and major capital expenditure savings. Roof replaced 2023!Unit 1: The Main House 3 BR / 1 BA Unit 2 2BR/1BA . Unit 3 2BR/1BA . All Fully Rented. Orkin termite protection plan already in place. ***Located right on the pulse of West Palm Beach (33401), this property sits in a high-demand submarket characterized by steady historical appreciation and a robust tenant pool. With separate electric and water meters already in place, utility management is streamlined to keep your landlord operational expenses remarkably low. Don't miss out on adding this high-square-footage, low-maintenance income generator to your portfolio. *** Unit 1: Oven, Fridge, dishwasher. Central AC. YGI: $24,600. Expenses; $480 NOI: $24,120 Unit 2: Oven, Fridge. Central AC/ and Window Unit. Expenses: YGI: $18,600 $480 NOI: $18,120 Unit 3: Oven, fridge. A/C mini split w/ additional window unit. Expenses: YGI: $18,600 $480 NOI: $18,120 Lease info: Front House Lease expires 3/31/2027, Unit A Lease expires 3/31/2027, Unit B Lease expires 8/31/2027.
MLS Number: B26045310
On Site: 84 Days
Updated: 16 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: OutdoorLivingArea, Other
      Interior, Heating and Cooling
      • Heating Description: Electric
      • Cooling Description: Electric
      Building and Construction
      • Floor Description: Other
      • Construction Type: Triplex
      • Year Built: 1938
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
      • Elementary School: Pleasant City
      • Middle School: Roosevelt Community
      • Senior High School: Palm Beach Lakes
      Other Property Info
      • Listing Date: 2026-06-25T11:37:06.000-00:00
      • Pets Allowed: Call,Yes
      Taxes, Fees & More
      • Taxes: 8875.56
      • Real Estate Taxes: 392546
      • Total Floors in Building: 1
      • Total Units in Building: 3
      • Total Units in Complex: 3

      Apples-to-Apples Comparables

       Closest-Match Comparables
      See closest-match comps for this subdivision
      No obligation
      Verified
      Trends
      Insights
      Best of Luxury Realty
      Talk to a local advisor
      Licensed advisors answering your questions across West Palm Beach, FL
      01
      Licensed Brokerage
      02
      Local Advisors
      03
      Direct Answers
      Exclusive real estate service partner

      Price History

      Current
      $645K
      High
      $680K
      Low
      $645K
      Total Change
      -5.1%
      $684K$662K$641KJun 26Aug 26
      Date
      Event
      Price
      Change
      Price Per
      08/27/2026
      Price Reduced
      $645K
      -5.13%
      $511 ft2
      $5,506 m2
      06/25/2026
      Listed
      $680K
       
      $539 ft2
      $5,804 m2
      08/27/2026
      $645K
      Event
      Price Reduced
      Change
      -5.13%
      Price Per
      $511 ft2
      $5,506 m2
      06/25/2026
      $680K
      Event
      Listed
      Price Per
      $539 ft2
      $5,804 m2
      Price per square foot and days on website are not provided values and are calculated by Subdivisions.
      Listed by Kimberly CastellottiChoice Plus Real Estate • Buyer Agency Compensation .

      Listing Location & Street View
      MapStreet View

      Peer Listings

      Active listings from matched communities
      Results 0 of 0
      No listings found
      Try adjusting your filters or changing your location to see available listings
      Turn on listing alerts and we'll notify you
      when matching listings appear

      Scores

      Walk Score®
      Very Walkable. Most errands can be accomplished on foot
      73

      100
      Transit Score®
      Some Transit. A few nearby public transportation options
      38

      100
      Bike Score®
      Bikeable. Some bike infrastructure
      68

      100
      Sound Score®
      Very loud
      74

      100
      Airport Score
      Close to airports. Noticeable airport activity
      0

      100
      Traffic Score
      Congested area. Frequent traffic delays
      31

      100
      Local Score
      Limited local amenities nearby
      2

      100
      Community Snapshot
      4 – 4 BR
      Bedrooms
      $220K – $1.3M
      Price Tier
      896 - 4,104
      SqFt Range
      1962
      Year Build
      1
      Total Floors

      Subdivision Amenities

      None
      Sidewalks

      West Palm Beach
      Entry-Level
      Entry-Level Homes & Condos

      Coleman Park Communities in West Palm Beach, FL