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940 Charles St, West Palm Beach, FL 33401

$1,150,000
  • 940 Charles St, West Palm Beach, FL 33401 Main Photo

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Active
BEDS0 BATHS SQUARE FEET2,418 MLS#A11996590
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBELLE VUE ADD TO WPB

Property Description

Rare income-producing triplex in the sought-after Pineapple Park neighborhood of West Palm Beach. Situated on an oversized 9,647 SF lot just minutes from Downtown West Palm Beach, CityPlace, the Brightline station, Palm Beach Island, and some of the areas best dining, shopping, and entertainment, this property offers a turnkey opportunity in one of South Floridas most dynamic and rapidly growing markets.The front CBS duplex features two fully renovated short-term rental units with updated kitchens, modern finishes, and private entrances. Both units have demonstrated strong performance with 73?75% occupancy in 2025 and over $77,000 in combined short-term rental revenue.The rear 2BD/1BA single-family home provides additional income and flexibility, making the property ideal for investors seeking diversified revenue streams or an owner-operator looking to offset expenses.In total, the property generated over $102,000 in gross income in 2025, supported by strong rental demand driven by West Palm Beachs continued growth as a destination for residents, visitors, and relocating professionals.All units offer independent entrances and ample off-street parking, and furniture and furnishings in the short-term rental units convey, creating a turnkey investment ready for immediate operation.

940 Charles St | MLS# A11996590

This multi-family property located at 940 Charles St, West Palm Beach, FL 33401 is currently listed for sale with an asking price of $1,150,000. Search West Palm Beach real estate on www.realty100.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Other, Wall/Window Unit(s)
Heating: Central
Home Style: Attached, Detached
Roof Type: Flat Roof With Facade Front, Shingle
Stories: 2.0
Taxes: $14,842
Year Built: 1950

Feature Descriptions

Crops Included Y/N: No
Days on Site: 56
Directions: From I-95, exit Okeechobee Blvd east. Turn south on Dixie Hwy, then east on Charles St. Property will be on the right.
Exterior: CBS Construction, Frame
Flooring: Tile
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional
Lot: Less Than 1/4 Acre Lot
Parcel#: 74434328150050120
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Public Sewer

Listed By / Shown By

Listed By

Agency Name: BAWONS Properties, Inc
Agency Phone: 561-779-5007

Shown By

Agency Title: Realty 100
Agency Phone: 954-859-2100

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Estimated Payment

$ 4,131.65 per month $2,559.40 Principal & Interest $1,236.83 Property Tax $335.42 Homeowner's Insurance

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