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4559 Cole Street West Palm Beach, FL $ 600,000
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$ 600,000 Get more info
4559 Cole Street
$ 600,000
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4559 Cole Street

West Palm Beach, FL, 33417
$ 600,000
Baths2.0 Sq 1,684

Monthly Estimate*

$ 3,694

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View a Virtual Tour
Studio

Multi-Family Home for sale in West Palm Beach, FL

for $600,000 with 2 full baths. This 1,684 square foot home was built in 1959 on a lot size of 0.21.

Excellent Income-Producing Triplex, 10% Cap Rate! Low-maintenance, high-return investment opportunity. This well-maintained triplex features full impact windows throughout, offering durability and insurance savings. The property includes three units: A 2BR/1BA currently rented at $1,900/month (annual lease) A 1BR/1BA rented at $1,400/month The main unit (owner-occupied), previously rented for $2,400/month, with strong potential to rent at the same or higher rate Projected income makes this a true cash-flowing asset for investors. Centrally located just minutes from shopping, dining, the airport, and area beaches—highly desirable for tenants and ensures consistent demand. Don't miss this rare opportunity to own a strong-performing income property!

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Multi-Family Active

Price

$ 600,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,599

Style

Lot Size

0.21

Year Built

1959

Town/City

West Palm Beach

County/Region

Palm Beach

MLS | Web ID

R11147186
Features
General
Sewer Septic Tank
Heating Central Electric Wall Furnace
Cooling Central Air Ceiling Fan(s) Wall/Window Unit(s)
Utilities Cable Available Water Available
Possession Negotiable
Roof Mixed
Construction Materials Block Concrete Stucco
Year Built 1959
Electric 3 Phase
Tenant Pays None
Stories Count 1
Levels One
Property Subtype Triplex
Tax Year 2025
Gross Income 67200
Waterfront Features None
County Palm Beach
Net Operating Income 51819
New Construction false
Property Type Residential Income
Subdivision Name WEST PARK
Status Active
Directions 3 BLOCKS N OF BELVEDERE ON W SIDE OF MILITARY TRAIL
City West Palm Beach
Senior Community Y/N false
Number Of Units Total 3
MLS Area 5500
Tax Annual Amount 4599
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/4559-Cole-Street-West-Palm-Beach-FL-33417/unbranded
Standard Status Active
Property Sub Type Additional Triplex
Legal Description WEST PARK REPL E 65 FT OF TR 14 (LESS S 5 FT COLE ST R/W)
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Total Baths 2
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Exterior
Fencing Fenced
Lot Features < 1/4 Acre
Water Source Public
Lot Size Area 9241
Building Area Total 1972
Lot Size Acres 0.21
Waterfront Y/N false
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* Excluded Features
List By
Mohammed Ismail

Listing Agent

Affordability Calculator

$4,078
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,694
Monthly Property Taxes
$383
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
3/25/2026 $600,000 -4.75% Price Down
3/18/2026 $629,900 -0.80% Price Down
2/23/2026 $635,000 -3.79% Price Down
2/20/2026 $660,000 Listed Price

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4559 Cole Street, West Palm Beach, FL, 33417 is a Multi-Family Home for sale at $600,000 with 1,684 sqft and a lot size of 0.21. 4559 Cole Street is a studio with 2.0 baths and was built in 1959. The property's zip code is 33417 which is in West Palm Beach, FL

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