940 Charles Street, West Palm Beach, FL 33401

Sold $950,000 · Sep 18, 2026

Last asking price $975,000 · 97.4% of asking · 117 days on market

  • 0 baths
  • 2,418 sq ft
  • Triplex
  • Built 1950
  • 2,632 sq ft total
  • Palm Beach County
  • MLS# A11996590
  • Belle Vue Add To Wpb
Photo 1 at 940 Charles Street, West Palm Beach

About this home

Rare income-producing triplex in the highly 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, and Palm Beach Island, this property offers a turnkey investment opportunity in one of South Florida's fastest-growing markets.The front CBS duplex features two beautifully renovated short-term rental units with updated kitchens, modern finishes, private entrances, and furnishings included for immediate operation. Despite a three-month vacancy in 2025 during a unit conversion and introductory pricing, the duplex achieved 73-75% occupancy and generated over $77,000 in short-term rental revenue.The rear 2BD/1BA single-family home sits on its own driveway with a private entrance and single family feel, providing additional income and flexibility 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, with potential for up to 30% additional upside through occupancy optimization and unit repositioning.All three units feature independent entrances and ample off-street parking. With established income history, turnkey condition, and proximity to West Palm Beach's strongest lifestyle and employment centers, this property presents an exceptional investment opportunity with immediate cash flow and meaningful upside potential.

Schools

  • Elementary: Palm Beach Public
  • High: Forest Hill

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

BAWONS Properties, Inc · Wendy.Pierre@BAWONS.com · Listing agent: Luke Mauger

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Thinking of Selling Nearby?

940 Charles Street sold on Sep 18, 2026. Your buyer may already be looking. BreakThru Realty works with hundreds of prequalified buyers searching for properties. A broker compares your home in Downtown & Rosemary Square with this sale and the closings nearest it, checks it against the buyers on file and calls you with your selling options. Find Out If We Have Your Buyer, or see homes for sale in West Palm Beach. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 940 Charles Street

What did 940 Charles Street sell for?
940 Charles Street sold for $950,000 on Sep 18, 2026, about 97.4% of its last asking price of $975,000 and about $393 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the property taxes on 940 Charles Street?
The listing reported annual property taxes of $14,842 for 2025. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 940 Charles Street built?
940 Charles Street was built in 1950. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 940 Charles Street on the market?
940 Charles Street was on the market for 117 days before it sold, after the asking price was reduced from $1,175,000 to $975,000.
Which schools serve 940 Charles Street?
The MLS lists Palm Beach Public (elementary), Forest Hill (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
Is 940 Charles Street still for sale?
No. 940 Charles Street sold on Sep 18, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

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Other West Palm Beach neighborhoods include Flagler Drive Condos and Ibis Golf & Country Club. Nearby ZIP codes include 33405 and 33406. This property also neighbors Cloud Lake, Palm Beach, and Lake Clarke Shores. Compare it with the West Palm Beach housing market report.