940 Charles St, West Palm Beach FL 33401 | Palm Beach County | A11996590
- $1,175,000
- $1,175,000
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 area’s best dining, shopping, and entertainment, this property offers a turnkey opportunity in one of South Florida’s 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 Beach’s 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.
Address
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Address: Charles St
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City: West Palm Beach
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State/county: Palm Beach County
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Zip/Postal Code: 33401
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Area: BELLE VUE ADD TO WPB
Details
Updated on April 9, 2026 at 2:27 am-
Property ID A11996590
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Price $1,175,000
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Property Size 2418 Square Feet
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Year Built 1950
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Type Triplex
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Property Status Residential Income
Additional details
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ArchitecturalStyle Attached, Detached
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BuildingAreaTotal 2632
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BuildingAreaUnits Square Feet
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BuildingName BELLE VUE ADD TO WPB
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ConstructionMaterials CBS Construction, Frame
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ContractStatusChangeDate 2026-04-07
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Cooling Central Air, Other, Wall/Window Unit(s)
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DaysOnMarket 1
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Directions From I-95, exit Okeechobee Blvd east. Turn south on Dixie Hwy, then east on Charles St. Property will be on the right.
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DocumentsAvailable Investment Analysis, Rent Rolls
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ExpirationDate 2026-07-01
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Flooring Tile
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Heating Central
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InternetAddressDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 561-779-5007
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ListingTerms All Cash, Conventional
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LotFeatures Less Than 1/4 Acre Lot
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LotSizeSquareFeet 0
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MLSAreaMajor Belle Vue Add To Wpb
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MajorChangeTimestamp April 8, 2026 at 01:56am
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MajorChangeType New
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MlsStatus Active
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ModificationTimestamp April 8, 2026 at 05:00am
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NumberOfUnitsInCommunity 3
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OnMarketDate 2026-04-07
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OriginalEntryTimestamp April 8, 2026 at 01:56am
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OriginalListPrice 1175000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 74434328150050120
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ParkingTotal 4
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PhotosChangeTimestamp April 8, 2026 at 01:57am
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PhotosCount 26
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PostalCodePlus4 7530
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PriceChangeTimestamp April 7, 2026 at 06:14pm
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PublicSurveySection 28
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RentIncludes Gardener, Sewer
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Roof Flat Roof With Facade Front, Shingle
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Sewer Public Sewer
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ShowingContactType Agent
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ShowingInstructions Call Listing Agent
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SourceSystemKey 451139519
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StateOrProvince FL
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StatusChangeTimestamp April 8, 2026 at 01:56am
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Stories 2
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StoriesTotal 2
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StreetName Charles St
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StreetNumber 940
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StreetNumberNumeric 940
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StructureType Triplex
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SyndicationRemarks 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 area’s best dining, shopping, and entertainment, this property offers a turnkey opportunity in one of South Florida’s 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 Beach’s 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.
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TaxAnnualAmount 14842
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TaxLegalDescription BELLEVUE LT 12 BLK 5 & E 1/2 OF 50 FT ABND PT OF GLENWOOD RD LYG W OF & ADJ TO
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TaxYear 2025
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YearBuiltDetails Effective Year Built
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Zoning SF14 (ci
Features
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