712 Palmetto Street, West Palm Beach, FL 33405
- $1,150,000
- 4
- BA
- 2,972
- SqFt
- Sold Price
- $1,150,000
- List Price
- $1,299,000
- Days on Market
- 198
- Closing Date
- Sep 10, 2024
- MLS#
- R10957466
- Sq. Ft
- 2,972
- Subtype
- Triplex
- County
- Palm Beach
- Subdivision
- Hillside Park
- Year Built
- 1928
Property Description
Incredible investment opportunity!! This extremely profitable short term rental in West Palm Beach sets itself apart from the competition. Sitting on a double corner lot, this estate features a main house with two guest houses for a total of 7 bedrooms and 4 full bathrooms. This turnkey property is ready to be rented out immediately and includes over $50,000 in guaranteed 2024 rental income to start you off! Incredible mature foliage surrounds the property including a 3 story mango tree and beautiful fountain to create a one of a kind romantic setting. Additional features include a large heated pool and separate hot tub, outdoor dining area and a separate utility room. The entire estate has just been redesigned with brand new furniture and decor. All is included in the sale. Both interior and exterior are freshly painted. Perfectly located just minutes from PBI airport, downtown West Palm Beach and the world famous Palm Beach Island. Rent the property out as one to host large parties, divide into three rentals for multiple income streams or elevate this unique property to include small events etc. With a limited amount of short term rentals this size, the possibilities are endless. Financials and accounting details are available upon request.
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Additional Information
- Construction
- Concrete, Stucco
- Cooling
- Central Air, Ceiling Fan(s), Wall/Window Unit(s)
- Flooring
- Ceramic Tile, Terrazzo, Tile, Wood
- Heating
- Central
- Restrict
- OkToLease
- Roof
- Mixed, Tar/Gravel
- Taxes
- $19,403
- Utilities
- Cable Available, Sewer Available, Water Available
- View
- Garden
- Private Pool
- Yes
- Amenities
- None
- Waterfront
- None
- Stories
- 2
- Acres
- 0.25
- Price Per Sqft
- $386
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Listing courtesy of United Realty Group, Inc. Contact:
Selling Office: Florida Management & Investments LLC.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Naomi Freeman | Email: naomifreemansells@gmail.com