WHAT AN OPPORTUNITY ! Incredible Tri-Plex investment opportunity! This property offers a single-level 2/1 unit stucco const. featuring tile floors, a private patio, and a dedicated laundry room, alongside two spacious townhouse-style 3/2 units with CBS const. The townhouse units boast one bedroom downstairs, two bedrooms and two baths upstairs, tile flooring throughout, and a welcoming open living/dining area with rear patios for outdoor enjoyment. The 6407 unit's kitchen has been updated. All units come equipped with washers and dryers. Long-term, reliable, month to month tenants currently occupy the units. Conveniently located just west of US 1 and north of Forest Hill Blvd., providing quick access to shopping, dining, and the vibrant downtown West Palm Beach area.
Sold for $600,000
$600,000
500 Franklin Road, West Palm Beach, FL 33405
8beds
3,061sqft
Triplex
Built in 1968
-- sqft lot
$1,159,800 Zestimate®
$196/sqft
$2,909 Estimated rent
Home value
$1,159,800
$986,000 - $1.38M
$2,909/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 16, 2025 at 10:57am
Listed by:
Lisa Treu 561-350-7883,
Treu Group Real Estate
Bought with:
Lisa Treu
Treu Group Real Estate
Source: BeachesMLS,MLS#: RX-11037451
Originating MLS: Beaches MLS
Originating MLS: Beaches MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Central, Electric
Cooling
- Ceiling Fan(s), Central Air, A/C Unit
Appliances
- Included: Dryer, Electric Range, Refrigerator, Washer, Range - Electric
Features
- Kitchen
- Flooring: Carpet, Ceramic Tile
- Windows: Single Hung Metal
Interior area
- Total structure area: 3,191
- Total interior livable area: 3,061 sqft
Property
Parking
- Parking features: Space Parking, Open Parking
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Open Patio, Patio
- Fencing: Fenced
- Has view: Yes
- View description: Garden
- Waterfront features: None
Lot
- Size: 5,500 sqft
- Dimensions: 110.0 ft x 50.0 ft
- Features: < 1/4 Acre, Corner Lot, Sidewalks, West of US-1
Details
- Parcel number: 74434404040160010
- Zoning: SF7(ci
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- CBS, Stucco
- Roof: Comp Shingle
Condition
- Resale
- New construction: No
- Year built: 1968
Utilities & green energy
- Electric: Separate Electrical Meters
- Sewer: Public Sewer
- Water: Public, Separate Water Meters
- Utilities for property: Cable Connected, Electricity Connected
Community & neighborhood
Community
- Community features: None
Location
- Region: West Palm Beach
- Subdivision: Colonial Estates
HOA & financial
HOA
- Services included: Maintenance Grounds, Pest Control
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2025 | Sold | $600,000-17.2%$196/sqft |
Source:  BeachesMLS #RX-11037451 Report a problem | ||
| 12/22/2024 | Pending sale | $725,000$237/sqft |
Source: BeachesMLS #RX-11037451 Report a problem | ||
| 12/12/2024 | Price change | $725,000-21.6%$237/sqft |
Source: BeachesMLS #RX-11037451 Report a problem | ||
| 11/15/2024 | Listed for sale | $925,000+137.2%$302/sqft |
Source: BeachesMLS #RX-11037451 Report a problem | ||
| 5/24/2018 | Sold | $390,000-6.3%$127/sqft |
Source: BeachesMLS #RX-10381882 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,193 +1.7% | $512,652 +4.7% |
| 2023 | $11,004 +8.2% | $489,685 +10% |
| 2022 | $10,174 +7.4% | $445,168 +10% |
Find assessor info on the county website
Neighborhood: South Side
Nearby schools
GreatSchools rating
- 7/10South Olive Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Conniston Middle SchoolGrades: 6-8Distance: 1.4 mi
- 3/10Forest Hill Community High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: South Olive Elementary School
- Middle: Conniston Middle School
- High: Forest Hill Community High School
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value$1,159,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,159,800