Investor opportunity in the heart of West Palm Beach 33401. This fully rented triplex at 711 Palm Beach Lakes Boulevard offers immediate cash flow, strong tenant demand, and a convenient location near major routes, schools, shopping, and everyday essentials.

Built in 1938, the property includes three income-producing units with a total living area of 1,261 square feet on a 6,970-square-foot lot. The layout features one 3-bedroom, 1-bath main home plus two additional 2-bedroom, 1-bath units, creating a flexible multi-family setup with proven rental potential.

Recent improvements add value and peace of mind, including a roof replacement in 2023. Separate electric and water meters help simplify operations and support efficient expense management. An Orkin termite protection plan is already in place, and the property includes electric cooling and heating. Exterior construction is listed as other.

Current unit details:

Unit 1: 3 bedrooms, 1 bath, central AC, oven, refrigerator, dishwasher

Unit 2: 2 bedrooms, 1 bath, central AC and window unit, oven, refrigerator

Unit 3: 2 bedrooms, 1 bath, mini-split A/C with additional window unit, oven, refrigerator

All units are occupied, with lease terms extending through 2027, providing stable rental income from day one. Estimated gross income is $61,800 annually, with low reported expenses and strong NOI potential.

Located in Palm Beach County and zoned to Pleasant City Elementary, Roosevelt Middle, and Palm Beach Lakes High School, this property also allows pets, which can broaden the tenant pool. If you are looking for a high-demand West Palm Beach investment property with solid income and reduced maintenance concerns, this triplex deserves a close look.