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940 Charles Street

West Palm Beach, FL 33401
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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 investors s eeking 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,100,000

AD Id : 76846097

MLS Id : A11996590

Beds : 6

Living Area Size : 2,418

Year Built : 1950

County : Palm Beach

Subdivision: Belvedere Park

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Feature Features

  • Interior Features

    Roof: Flat, Shingle
  • Heating & Cooling

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

  • Building Information

    Year Built: 1950
    Building Area Total: 2632
    Construction Materials: Block, Frame
    Private Pool: No

  • Listing Price Information

    Listing Price: $1100000
    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

  • School Information

    Elementary School: Palm Beach Public Junior High School: Senior High School: Forest Hill
  • 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.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
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
1310 Florida Avenue, West Palm Beach, FL, 33401 $1,227,000 4 2 810 810 SqFt
1332 Longwood Street, West Palm Beach, FL, 33401 $750,000 6 4 2,166 2,166 SqFt
1211 Florida Avenue, West Palm Beach, FL, 33401 $1,750,000 6 5 3,004 3,004 SqFt
1017 13th Street, West Palm Beach, FL, 33401 $450,000 4 2 1,344 1,344 SqFt
629 9th St, West Palm Beach, FL, 33401 $1,150,000 8 8 3,000 3,000 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
1021 14th Street, West Palm Beach, FL, 33401 $699,900 6 3 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 06/16/2026 @ 17:50

MLS: A11996590 LISTED BY: Luke Mauger, BAWONS Properties, Inc 305-509-8336 SOURCE: Beaches MLS

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