Active

940 Charles St

West Palm Beach, FL 33401
Mark as Favorite
Bed 6

Bed

Bath 3

Bath

SqFt2,418

Sqft

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 inv estors 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.

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,150,000

AD Id : 76846097

MLS Id : A11996590

Beds : 6

Living Area Size : 2,418

Year Built : 1950

County : Palm Beach

Subdivision: Belvedere Park

  • Map Map

Map

Feature Features

  • Interior Features

    Roof: Flat, Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir, Other, WallWindowUnits

  • Building Information

    Year Built: 1950
    Building Area Total: 2632
    Construction Materials: Block, Frame
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Lot Description: LessThanQuarterAcre

    Property Information

    Subdivision: BELLE VUE ADD TO WPB Source Property Type: ResidentialIncome MLS Area Minor: Palm Beach 5420; 5430; 5440 Postal Code Plus 4: 7530 Zoning Description: SF14 (ci Property SubType: Triplex Levels: Two Property Age: 76

  • Listing Price Information

    Listing Price: $1150000
    Original Price: $1175000
    Cash, Conventional

  • Tax Information

    Parcel Number: 74434328150050120 Tax Year: 2025 Annual Tax: $14842 Tax Legal Desc: BELLEVUE LT 12 BLK 5 & E 1/2 OF 50 FT ABND PT OF GLENWOOD RD LYG W OF & ADJ TO

  • Parking Information

    Parking Total: 4

  • Utility Information

    CableAvailable
  • Location Information

    Direction: From I-95, exit Okeechobee Blvd east. Turn south on Dixie Hwy, then east on Charles St. Property will be on the right.
Sell a home like this and save $68,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
629 9th St, West Palm Beach, FL, 33401 $1,150,000 8 8 3,000 3,000 SqFt
1310 Florida Avenue, West Palm Beach, FL, 33401 $1,227,000 4 2 810 810 SqFt
1309 Florida Avenue, West Palm Beach, FL, 33401 $1,325,000 -- 2 2,294 2,294 SqFt
1211 Florida Avenue, West Palm Beach, FL, 33401 $1,750,000 6 5 3,004 3,004 SqFt
803 3rd Street, West Palm Beach, FL, 33401 $700,000 7 3 2,454 2,454 SqFt
807 14th Street, West Palm Beach, FL, 33401 $599,999 8 3 1,222 1,222 SqFt
816 9th Street, West Palm Beach, FL, 33401 $799,000 5 3 3,181 3,181 SqFt
817 NW 7th Street, West Palm Beach, FL, 33401 $775,000 9 5 2,196 2,196 SqFt
1017 13th Street, West Palm Beach, FL, 33401 $450,000 4 2 1,344 1,344 SqFt
1021 14th Street, West Palm Beach, FL, 33401 $699,900 4 2 2,880 2,880 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/08/2026 @ 09:07

MLS: A11996590 LISTED BY: Luke Mauger, BAWONS Properties, Inc 561-779-5007 SOURCE: SEFMIAMI

Selling? Save $68,501 when you sell a home like this

Tour with a ByOwner Agent