940 Charles Street, West Palm Beach, FL 33401 (MLS# A11996590)

940 Charles Street, West Palm Beach, FL 33401

New Listing

$975,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11996590

Property Type: Residential Income Square Footage: 2,632 Status: Active

Current Price: $975,000 List Date: 7/23/2026 Last Modified: 7/23/2026

Overview

Description

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 genera ... (Read more)

Listing Details MLS# A11996590

General Property Information

Number Of Units Total: 3
Property Sub Type: Triplex
Building Area Main: 2632
Living Area Main: 2418
Adjusted Area Main: 2395
Year Built: 1950
Parking Total: 4
Stories Total: 2
Pool Private YN: No

Property Features

Documents Available: Investment Analysis; Rent Rolls Flooring: Tile Construction Materials: CBS; Frame Cooling: Central Air; Wall/Window Unit(s); Other Heating: Central; Separate Meters Listing Terms: Cash; Conventional Possession: Close Of Escrow Roof: Flat; Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Showing Requirements: Call Listing Agent Unit 1 Parking Features: Parking Space Unit 2 Parking Features: Parking Space Unit 3 Parking Features: Parking Space

Contract Information

Comp Sale YN: No
Original List Price: 1175000

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 940
Street Name: Charles
Street Suffix: Street
City Name: West Palm Beach
Municipal Code: 74
State Or Province: FL
Postal Code: 33401
Postal Code +4: 7530
Postal Zip: 33401
Subdivision Name: BELLE VUE ADD TO WPB
Area: 5430
Geographic Area: PB25
Elementary School: Palm Beach Public
High School: Forest Hill
Parcel Number: 74434328150050120
Subdivision Number: 15
Zoning: SF14 (ci
Flood Zone: AE
Directions: From I-95, exit Okeechobee Blvd east. Turn south on Dixie Hwy, then east on Charles St. Property will be on the right.

Financial Information

Tax Annual Amount: 14842
Tax Year: 2025
Tax Legal Description: BELLEVUE LT 12 BLK 5 & E 1/2 OF 50 FT ABND PT OF GLENWOOD RD LYG W OF & ADJ TO
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-07-23T15:17:25Z
Major Change Type: Back on Market
Price Change Timestamp: 2026-07-16T23:11:45Z
Status Change Date: 2026-07-23

More Information

Income and Expenses

Gross Income: 9000

Unit 1 Details

Actual Rent: 3527
Baths Full: Yes
Efficiency YN: No
Furnished: Furnished

Unit 1 Lease Description

Lease Term: Month To Month

Unit 2 Details

Actual Rent: 2973
Baths Full: Yes
Efficiency YN: No
Furnished: Furnished

Unit 2 Lease Description

Lease Term: Month To Month

Unit 3 Details

Actual Rent: 2500
Baths Full: Yes
Efficiency YN: No

Unit 3 Lease Description

Currently Leased YN: Yes

Price Calculations

Current Price To SqFt: 403.22

Section Details

Parcel Number MLX: 0120

Originating Details

Originating System Key: 451139519
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Tile: Yes

Documents Available

Investment Analysis: Yes
Rent Rolls: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Central: Yes
Separate Meters: Yes

Construction Materials

CBS: Yes
Frame: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Flat: Yes
Shingle: Yes

Cooling

Central Air: Yes
Wall/Window Unit(s): Yes
Other: Yes

Showing Requirements

Call Listing Agent: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 3 Parking Features

Parking Space: Yes

Listing Office: BAWONS Properties, Inc

Last Updated: July - 23 - 2026

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