940 Charles St, West Palm Beach, FL 33401
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: luke mauger
Office: bawons properties, inc561-779-5007
MLS#:A11996590
Source:SEFMLS
Price summary
- Price:$1,175,000
- Price per sq. ft.:$446.43
About this home
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 driven by West Palm Beach’s continued growth as a destination for residents, visitors, and relocating professionals.
All units offer independent entrances and ample off-street parking, and furniture and furnishings in the short-term rental units convey, creating a turnkey investment ready for immediate operation....
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Home facts
- Year built:1950
- Listing ID #:A11996590
- Updated:April 11, 2026 at 09:57 AM
Rooms and interior
- Flooring:Tile
- Living area:2,418 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Units
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Flat, Shingle
- Year built:1950
- Building area:2,418 sq. ft.
- Construction Materials:Block, Frame
- Levels:2 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,175,000
- Price per sq. ft.:$446.43
- Tax amount:$14,842 (2025)
Parking
- Total parking spaces:4
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