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

940 Charles Street, West Palm Beach, FL 33401

$1,100,000
Property Type: Residential Income Square Footage: 2,632 Status: Active
Current Price: $1,100,000 List Date: 4/07/2026 Last Modified: 7/03/2026

Overview

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 drive ...

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
2026-07-03T15:47:56Z
Major Change Type
Back on Market
Price Change Timestamp
2026-06-12T15:46:37Z
Status Change Date
2026-07-03

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
454.92

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
IDX
Listing Office: BAWONS Properties, Inc
Last Updated: July - 03 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.