Triplex with Separate
425 CHURCHILL Road West Palm Beach, FL 33405
425 CHURCHILL Road, West Palm Beach, FL, 33405
$750,000
For Sale
$750,000
MULTI_FAMILY - West Palm Beach, FL
Property Size2,260 SF
Lot Size0.16 Acres
Price / SF$331.86
Days on Market8
Property Features for 425 CHURCHILL Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- SF7 (city)
- Bedrooms
- 3
- Rooms
- Bedroom 1, Bathroom 4, Bathroom 2, Bedroom 2, Bathroom 3, Bathroom 5, Bathroom 1, Bedroom 3
- Patio and Porch features
- Patio, Porch
- Pets allowed
- No, Yes
- Exterior features
- Courtyard, Storage
- Fencing
- Fenced
- Standard status
- Active
- APN
- 74434404040090180
- Size
- 2,260 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- COLONIAL ESTATES LOTS 18~ 19 & W 16.5 FT OF LOT 20 BLK 9
- Tax Annual Amount
- 1245
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Tile - Ceramic
- Building materials
- Block, CBS
- Roof type
- Shingle
- Additional Structures
- Storage
Listing agency
KW Reserve Palm Beach
(561) 966-4000
Listed by
Loodmy Jacques · License #3222697
(561) 678-5584
Added: Jul 16 Updated: Jul 22 at 10:31PM Checked: Jul 23 at 4:06AM
MLS# B26053105
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale triplex includes two separate buildings on one lot. Building 1 is a spacious 2BR/1.5BA home. Building 2 contains two individual 1BR/1BA units, and each unit has separate water and electric meters.
The property is located at 425 Churchill Road in West Palm Beach, Florida. The listing describes the area as being within minutes of Downtown West Palm Beach, Flagler Drive, and the Intracoastal.
Zoned SF7 (city), the configuration provides three separate residential units across the two buildings, with metering separated on the Building 2 units.
The property is located at 425 Churchill Road in West Palm Beach, Florida. The listing describes the area as being within minutes of Downtown West Palm Beach, Flagler Drive, and the Intracoastal.
Zoned SF7 (city), the configuration provides three separate residential units across the two buildings, with metering separated on the Building 2 units.
Key Highlights
- Triplex on one lot with two separate buildings: Building 1 is a 2BR/1.5BA home; Building 2 has two 1BR/1BA units.
- Each 1BR/1BA unit in Building 2 has separate water and electric meters.
- Concrete/block (CBS) construction with ceramic tile flooring throughout.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.1k | $33.24 |
| − Vacancy | −$3.6k | −$1.60 |
| EGI | $71.5k | $31.64 |
| − OpEx | −$32.2k | −$14.24 |
| NOI | $39.3k | $17.40 |
2,260 SF · lease $33.24/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$561.9K
$491.7K – $655.6K
NOI $39,334 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.59M
$1.39M – $1.86M
NOI $111,413 @ 7.0% cap · market cap 14.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
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FAQs
What type of property is this?
Residential income property - Two-building triplex in West Palm Beach with two separate 1BR/1BA units and a 2BR/1.5BA unit on one lot.
Where is this residential income property located?
The property is located at 425 CHURCHILL Road West Palm Beach, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Triplex on one lot with two separate buildings: Building 1 is a 2BR/1.5BA home; Building 2 has two 1BR/1BA units.; Each 1BR/1BA unit in Building 2 has separate water and electric meters.; Concrete/block (CBS) construction with ceramic tile flooring throughout.
