940 Charles St West Palm Beach FL 33401 MLS #A11996590
940 Charles St
West Palm Beach, FL, 33401
$975,000
Beds
0 Baths
2,418 SqFt
0 Acres
$975,000
940 Charles St
West Palm Beach, FL, 33401
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Rare income-producing triplex in the highly 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, and Palm Beach Island, this property offers a turnkey investment opportunity in one of South Florida’s fastest-growing markets.
The front CBS duplex features two beautifully renovated short-term rental units with updated kitchens, modern finishes, private entrances, and furnishings included for immediate operation. Despite a three-month vacancy in 2025 during a unit conversion and introductory pricing, the duplex achieved 73-75% occupancy and generated over $77,000 in short-term rental revenue.
The rear 2BD/1BA single-family home sits on its own driveway with a private entrance and single family feel, providing additional income and flexibility 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, with potential for up to 30% additional upside through occupancy optimization and unit repositioning.
All three units feature independent entrances and ample off-street parking. With established income history, turnkey condition, and proximity to West Palm Beach’s strongest lifestyle and employment centers, this property presents an exceptional investment opportunity with immediate cash flow and meaningful upside potential.

Property Details

Price:
$975,000
MLS #:
A11996590
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Triplex
Subdivision:
BELLE VUE ADD TO WPB
Neighborhood:
bellevueaddtowpb
Listed Date:
Apr 7, 2026
Finished Sq Ft:
2,418
Total Sq Ft:
2,632
Year Built:
1950
Belle Vue Add To WpbBellevueaddtowpbBelle Vue Add To Wpb

Schools

Interior

Cooling
Central Air, Other, Wall/Window Unit(s)
Flooring
Tile
Heating
Central

Exterior

Architectural Style
Attached, Detached
Construction Materials
CBS Construction, Frame
Lot Features
Less Than 1/4 Acre Lot
Parking Spots
4
Parking Total
4
Roof
Flat Roof With Facade Front, Shingle
Stories
2

Financial

Tax Year
2025
Taxes
$14,842
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Current real estate data for Multi Family in West Palm Beach as of Jul 17, 2026
7
Multi Family Listed
159
Avg DOM
327
Avg $ / SqFt
$1,008,700
Avg List Price

Community

Subdivisions in West Palm Beach

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Property Summary

    Located in the BELLE VUE ADD TO WPB subdivision, 940 Charles St West Palm Beach FL is a Multi Family for sale in West Palm Beach, FL, 33401. It is listed for $975,000
940 Charles St
West Palm Beach, FL