940 Charles St, West Palm Beach FL 33401 | Palm Beach County | A11996590
- $1,100,000
- $1,100,000
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.
Property Overview
This property at 940 Charles St, West Palm Beach, FL 33401 spans 2418 square feet and was built in 1950. It is currently listed for $1,150,000. The MLS number for this listing is A11996590.
The property is situated in Palm Beach County. Specific amenities and details about bedrooms and bathrooms are not provided in the listing.
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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 June 29, 2026 at 9:50 am-
Property ID A11996590
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Price $1,100,000
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Property Size 2418 Sq Ft
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Year Built 1950
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Type Triplex
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Property Status Active, Residential Income
Additional details
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Flooring Tile
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Cooling Central Air, Other, Wall/Window Unit(s)
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Association Type None
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Building BELLE VUE ADD TO WPB
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Area Belle Vue Add To Wpb
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Annual Tax 14842
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Association No
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Subdivision BELLE VUE ADD TO WPB
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Total Stories 2
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Heating Central
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Structure Type Triplex
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Tax Year 2025
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Construction CBS Construction, Frame
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Building Area 2632
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Year Built Details Effective Year Built
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Flood Zone AE
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New Construction No
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Style Triplex
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Lot Size (Sq Ft) 0
Features
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