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$975,000
ACTIVE UNDER CONTRACT Status A11996590 MLS
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.

940 Charles Street, West Palm Beach

$459,900
ACTIVE Status B26046074 MLS
INVESTOR OPPORTUNITY!! Welcome FHA/VA buyers. Have you been thinking of buying an investment property that you can live in and generate income from a second unit? This legally zoned duplex offers just that. Live in the main house and rent out the rear unit or vice versa. This home has a rental history as an Airbnb - $3500 a month average for short-term rental of the rear unit or $1600 a month as an annual rental. Built in 1940, this historic Spanish Mission charmer has been updated in all the right places. It is light and bright with fresh paint inside and out. The main house is a 2-bedroom, 1 bath home that features newly installed luxury vinyl plank floors throughout, crown molding, a woodburning fireplace, central A/C, and a spacious kitchen with loads of storage, quartz counters and stainless appliances. You will love relaxing on the large, screened lanai that looks onto the backyard that is fully fenced for privacy. The rear unit has its own private entrance from the outdoors. It features Saltillo floors throughout, spacious living areas, a walk-in closet, and a full kitchen. The home offers versatile living options. Maintain it as two units for steady cash flow or join the units, creating a spacious single-family home, or use it for multi-generational living, providing family independence with their own living space and kitchen, plus a private entrance. The home also has coveted off-street parking for two vehicles. Hurricane accordion shutters provide peace of mind. And it's NOT in a flood zone! *Taxes reflect only a partial exemption.* Seller open to closing cost credit and/or rate buydown, depending on offer. Everything is close by, including Trader Joe's that just opened around the corner. Hip and artsy downtown Lake Worth Beach with its sidewalk cafes, art galleries, jazz clubs, and specialty shops is one mile away for you to explore. And the beach and boardwalk is just two miles away. You're never at a loss for something to do. Grab your bag and head to the waterfront green market on Saturdays. Or play 18 holes at the waterfront public golf course. Spend the day at the beach where you will find shops, restaurants and a 300' pier where you can fish or just enjoy a leisurely stroll. Explore the Arts District and take in a live glass-blowing demonstration at the Benzaiten Center for Arts or a play at the Lake Worth Playhouse. The city loves its festivals. It hosts many throughout the year, the Street Painting Festival being its signature event, where artists paint the streets, turning downtown into an outdoor art gallery with more than 200 street paintings. Centrally located to Palm Beach International Airport, the Brightline train, and all that West Palm Beach and the glitzy Island of Palm Beach have to offer. This is your chance to own a piece of paradise!

1314 N J Street, Lake Worth Beach

$1,775,000
ACTIVE Status B26043673 MLS
Exceptional opportunity to own a brand-new, never-occupied 4-unit multifamily building in the rapidly growing Lake Worth market. This turnkey investment property is designed for strong rental demand and long-term appreciation, offering investors a low-maintenance asset with no immediate capital expenditure concerns. Each of the four spacious units features 2 bedrooms, 2 bathrooms, a large modern kitchen, open living area, private covered balcony, individual central air conditioning system, and separately metered electric and water service, providing convenience for both owners and tenants. Situated on a desirable corner lot, the property includes one dedicated parking space per unit, an ADA-compliant accessible parking space, and ample street parking for guests. The location offers exceptional tenant appeal with convenient access to downtown Lake Worth, downtown Delray Beach, the Intracoastal Waterway, beautiful beaches, public transportation, shopping, dining, entertainment, parks, and major employment centers. Residents can enjoy a walkable lifestyle with bus stops nearby and easy access to everything South Florida has to offer. With new construction, modern layouts, individual utility metering, and a highly desirable location, this property is positioned to generate strong rental income while minimizing maintenance and operating concerns. The growing Lake Worth area continues to attract new residents and investment, making this an excellent opportunity for investors seeking stable cash flow, tenant demand, and long-term value appreciation in one of South Florida's most dynamic coastal markets.

129 S K Street, Lake Worth

$13,995,000
ACTIVE Status B26037148 MLS Bella Villaggio BLDG.
Presenting a unique opportunity to acquire Bella Villaggio, a sixteen (16) unit luxury townhome complex located in the heart of Tequesta, Florida. Built in 2017, these townhomes were meticulously constructed with attention to detail and high end finishes (these units were originally built to be sold to individual buyers). Bella Villaggio is the most luxurious townhome community you can acquire in its entirety anywhere in Palm Beach County. The oversized units average over 2,000 air-conditioned square feet. In addition, every unit includes a two-car garage, designated driveway, and each unit has its own private rooftop deck. The property is available below replacement cost. Between land, hard and soft costs, high-end new townhome development is well over $500 per square foot and Bella Villaggio is being offered at an attractive price of less than $435 per square foot. The complex consist of three separate buildings, A, B, and C. Buildings A and B include five (5) townhomes each for a total of ten and they each feature the larger floor plans, which are all 4 BD, 3BA townhomes with the corner units boasting 2,198 Living SF and the interior units with 2,210 Living SF. Building C ion the north side of the complex consists of six (6) 3BD, 2.5BA townhomes with the corner units featuring 1,733 Living SF and the interior units with 1,696 Living SF. The entire complex has 32,302 Living SF between all sixteen townhomes and 70+ total parking spaces, which makes this the ideal rental community capable of comfortably housing numerous types of tenants. The seller owns 100% of the complex so this is not considered a "fractured" condo sale. The townhomes are separately deeded (sixteen different folio numbers) which provides flexibility to rent the units out short term, long term, and/or sell each townhome at any given time. There are high-end finishes throughout the townhomes that are representative of a high-end, new construction townhome community being marketed to end users. Every unit features fully plumbed natural gas, 10-foot high ceilings, stainless steel JennAir appliances, quartz countertops with porcelain backsplashes, metal roofs, complete hurricane impact windows and doors, gas powered tankless water heaters, two car garages with private driveways, and rooftop decks overlooking the gorgeous scenery. Several scenarios are available to buyers including, but not limited to, the following; 1) Traditional rentals - These uniquely positioned townhomes attract various tenant types due to the highly desired location and the opportunity to reside in a high-end product at a reasonable rental rate. 2) Short Term Rentals (Airbnb) - The property is zoned "R-2" which allows for short-term rentals aka vacation rentals. Property owners must obtain a vacation rental permit from the Village of Tequesta Building Department prior to the commencement of any vacation rentals. 3) Individual Unit Sales - All sixteen townhomes are separately deeded and each unit has an individual parcel control number, allowing for individual townhome sales to end users, without having to condominiumize the complex prior to marketing these units to end users and buyers. Do not miss your opportunity to own one of the hidden gems in Palm Beach County at a price that sits well below current replacement cost.

3770 County Line Road, Tequesta

$3,995,000
ACTIVE UNDER CONTRACT Status B26035280 MLS North Palm Beach Village BLDG.
Presenting one of the most unique multifamily properties in all of Palm Beach County, welcome to Cutler's Cove in North Palm Beach. This waterfront, twelve (12) unit apartment complex is 100% leased with virtually zero turnover in the last five years is the cash cow you have been waiting for! Cutler's Cove has a diverse unit mix consisting of five (5) one bedroom units, five (5) two bedroom units, one (1) three bedroom unit, and a studio apartment with a GLA of approximately 11,040 SF and an average of 829 SF per unit. Additionally, this property is also situated on an enormous cove with 210' of linear water-frontage, providing tenants beautiful waterfront views that demand a premium. This water-frontage gives any value-add investor the rare ability install a large dock capable of accommodating several boat slips, which will undoubtedly produce additional rental income. With just one fixed bridge (with a maximum height clearance of 17') before hitting the intracoastal waterway, this is truly one of the most unique value-add opportunities in South Florida's multifamily market. All twelve (12) units were renovated after the current owner purchased the property and every unit has ceramic tile floors, durable millwork throughout, and granite countertops in both the kitchen and bathrooms. Each unit also has its own private, waterfront balcony with beautiful views at any time of the day. other building amenities include complete hurricane impact windows & doors, two staircases on either side of the building, and most importantly, a top of the line elevator for tenants unable to utilize stairs. The exterior of the building was painted within the last twelve months and the asphalt parking lot was redone and re-striped at the same time. Currently, the gross monthly income is approximately $20,500 which gives an average for all twelve units of only $1.85 PSF and is far below current market rates in the area. In addition, all twelve units are on month-to-month leases, which gives any investor the ability to raise rents immediately after the acquisition. When comparing the average rent per unit at the subject property ($1,705/month) to the Palm Beach County average ($2,530/month), it is clear to see that there is a massive opportunity for growth here with this asset. For the conservative investors, bumping the average rent to an affordable rate of $2,000/month (20% below county average) per unit would still generate a 17% increase to the monthly gross income without spending a dollar and would take the annual income from $245,460 to $288,000 overnight. Opportunities like this do not last long!

628 Southwind Circle, North Palm Beach

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