Triplex With Two
425 CHURCHILL Road West Palm Beach, FL 33405
New
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 Market6
Property Features for 425 CHURCHILL Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- SF7 (city)
- Bedrooms
- 4
- Rooms
- Bathroom 4, Bathroom 2, Bedroom 4, Bathroom 5, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 3
- Patio and Porch features
- Patio, Porch
- Pets allowed
- Yes, No
- 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
- Wall/Window Unit(s), 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
2041 Vista Parkway Ste. 201, West Palm Beach, FL
Listed by
Loodmy Jacques · License #3222697
(561) 678-5584
Added: Jul 16 Updated: Jul 21 at 2:04 am Checked: Jul 21 at 7:06 am
MLS# B26053105
Listing URL
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 is configured as two separate buildings on one lot. Building 1 includes a spacious 2BR/2.5BA home. Building 2 contains two individual 1BR/1BA units, and each unit has its own separate water and electric meters.
The property is located at 425 CHURCHILL Road in West Palm Beach, Florida. The listing identifies the applicable zoning as SF7 (city).
With 0.16 acres of lot area and 2,260 square feet of total property size, this setup provides three separate residential units across two buildings on a single parcel.
The property is located at 425 CHURCHILL Road in West Palm Beach, Florida. The listing identifies the applicable zoning as SF7 (city).
With 0.16 acres of lot area and 2,260 square feet of total property size, this setup provides three separate residential units across two buildings on a single parcel.
Key Highlights
- Triplex with two separate buildings on one lot: Building 1 is a 2BR/2.5BA home; Building 2 has two 1BR/1BA units
- Two individual 1BR/1BA units in Building 2 each have separate water and electric meters
- Public water and public sewer connected
Local Financial Insights For Multifamily LT 5
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 | $63.7k | $28.20 |
| − Vacancy | −$3.3k | −$1.47 |
| EGI | $60.4k | $26.73 |
| − OpEx | −$18.1k | −$8.02 |
| NOI | $42.3k | $18.71 |
2,260 SF · lease $28.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$604.2K
$528.7K – $704.9K
NOI $42,293 @ 7.0% cap · market cap 5.64%
Second Best
Apartment 5plus
$561.9K
$491.7K – $655.6K
NOI $39,334 @ 7.0% cap · market cap 5.24%
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
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FAQs
What type of property is this?
Triplex - Two-building triplex on one lot with separate utilities for the two 1BR units, plus a larger 2BR residence.
Where is this triplex 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 with two separate buildings on one lot: Building 1 is a 2BR/2.5BA home; Building 2 has two 1BR/1BA units; Two individual 1BR/1BA units in Building 2 each have separate water and electric meters; Public water and public sewer connected
