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
5baths
3,061sqft
Triplex, Multi Family, Multi Family
Built in 1968
-- sqft lot
$1,191,000 Zestimate®
$196/sqft
$2,909 Estimated rent
Home value
$1,191,000
$1.02M - $1.39M
$2,909/mo
Zestimate® history
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$4,094/mo
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Zillow last checked: 7 hours ago
Listing updated: March 13, 2026 at 09:25pm
Listed by:
Lisa Treu 561-350-7883,
Treu Group Real Estate
Bought with:
Lisa Treu, 484511
Treu Group Real Estate
Lisa Treu, 484511
Treu Group Real Estate
Source: BeachesMLS,MLS#: R11037451
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Features
- Flooring: Carpet, Ceramic Tile
- Windows: Metal, Single Hung
Interior area
- Total structure area: 3,191
- Total interior livable area: 3,061 sqft
Property
Features
- Levels: Two
- Stories: 2
- Exterior features: Outdoor Living Area
- Fencing: Fenced
- Has view: Yes
- View description: Garden
- Waterfront features: None
Lot
- Size: 5,662 sqft
- Dimensions: 110.0 ft x 50.0 ft
- Features: Corner Lot, < 1/4 Acre
Details
- Parcel number: 74434404040160010
- Zoning: SF7(ci
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family, Multi Family
Materials
- Block, Stucco
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1968
Utilities & green energy
- Electric: 3 Phase
- Sewer: Public Sewer
- Water: Multiple Meters, Public
- Utilities for property: Cable Available, Sewer Available, Water Available
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: West Palm Beach
- Subdivision: COLONIAL ESTATES
HOA & financial
HOA
- Has HOA: No
- Amenities included: None
- 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 #R11037451 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 #R10381882 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
Get a cash offer in 3 minutes
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Estimated market value
$1,191,000
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
$1,191,000
- Florida
- Palm Beach County
- West Palm Beach
- 33405
- South Side
- 500 Franklin Road