Excellent income-producing property! Almost 10% cap! Low-maintenance and high-return investment opportunity. This triplex has all impact windows. The owner currently occupies the main unit, while the additional 2-bedroom, 1-bath unit rents for $1,900 on an annual lease and the 1-bedroom, 1-bath unit rents for $1,400.
The owner’s unit was previously rented for $2,400 per month, and the new owner can easily rent it again for $2,400 or more, making this property a true cash cow.
Centrally located just minutes from supermarkets, restaurants, the airport, and beautiful beaches—an ideal location for both owners and tenants. Don’t miss this rare income opportunity!
The owner’s unit was previously rented for $2,400 per month, and the new owner can easily rent it again for $2,400 or more, making this property a true cash cow.
Centrally located just minutes from supermarkets, restaurants, the airport, and beautiful beaches—an ideal location for both owners and tenants. Don’t miss this rare income opportunity!
Listing Provided Courtesy of Illustrated Properties at 561-366-1121
Property Details
Price:
$635,000
MLS #:
R11147186
Status:
Active
Beds:
0
Baths:
2
Type:
Multi Family
Subtype:
Triplex
Subdivision:
WEST PARK
Neighborhood:
5500
Listed Date:
Dec 12, 2025
Finished Sq Ft:
1,684
Total Sq Ft:
1,972
Lot Size:
9,148 sqft / 0.21 acres (approx)
Year Built:
1959
Units:
3
See this Listing
Schools
Interior
Cooling
Ceiling Fan(s), Central Air, Wall/Window Unit(s)
Flooring
Tile
Heating
Central, Electric, Window/Wall
Exterior
Association Amenities
None
Construction Materials
CBS, Concrete, Stucco
Roof
Mixed
Financial
Tax Year
2025
Taxes
$4,599
Map
Community
- Address4559 Cole Street West Palm Beach FL
- SubdivisionWEST PARK
- CityWest Palm Beach
- CountyPalm Beach
- Zip Code33417
Subdivisions in West Palm Beach
- ANDROS ISLE REPL
- CAMDEN CONDO B-P CENTURY VILLAGE
- CYPRESS LAKES 09
- FOREST HILL GARDENS CONDO EAST
- FOREST RIDGE PARK
- GOLFS EDGE F
- GOLFVIEW HEIGHTS 01
- METROPOLITAN CONDO
- OAKTON PRESERVE
- PALM ACRES ESTATE
- PARKWAY VILLAGE
- RANCHETTE LAKE
- ST ANDREWS PALM BEACH CONDO 03
- SUBURBAN HOMESITES
- TERRACINA JOHNSON PROP PUD
- VILLAGE SANDALWOOD LAKES 01
- VILLAS OF PALM BEACH PL 3 LOT 188
- WHITEHALL CONDO 01-14
Market Summary
Current real estate data for Multi Family in West Palm Beach as of Mar 09, 2026
50
Multi Family Listed
74
Avg DOM
419
Avg $ / SqFt
$910,902
Avg List Price
Property Summary
- Located in the WEST PARK subdivision, 4559 Cole Street West Palm Beach FL is a Multi Family for sale in West Palm Beach, FL, 33417. It is listed for $635,000 To schedule a showing of MLS#r11147186 at 4559 Cole Street in West Palm Beach, FL, contact your Stonecrest International Realty agent at 561-707-9933.
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