RARE INVESTMENT OPPORTUNITY! North Palm Beach Triplex near Intracoastal. Don't miss this exceptional chance to own a fully leased 3-unit residential income property in the heart of highly desirable North Palm Beach Intracoastal neighborhood--just a short walk to Publix, waterfront parks, restaurants, and more!Each unit offers 2 bedrooms/2 full baths; Walk-in closets in primary bedrooms; dedicated laundry rooms with washer/dryer; Accordion hurricane shutters throughout; private fenced yards; separate electric & water meters & more! One of the units has been renovated to include quartz countertops; stainless steel appliances; newer AC; marble in primary bathroom & porcelain plank wood flooring. Great investment with upside potential! Please DO NOT disturb tenants. Showings by appointment only
For sale
$850,000
125 Castlewood Drive #1, North Palm Beach, FL 33408
4beds
3,330sqft
Est.:
Triplex
Built in 1978
-- sqft lot
$806,800 Zestimate®
$255/sqft
$-- HOA
What's special
Quartz countertopsPrivate fenced yardsPorcelain plank wood flooringAccordion hurricane shuttersStainless steel appliancesNewer acMarble in primary bathroom
- 24 days
- on Zillow |
- 1,100 |
- 87 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: July 19, 2025 at 10:53am
Listed by:
Seth A Honowitz 561-262-0726,
Leibowitz Realty Group, LLC./PBG
Source: BeachesMLS,MLS#: RX-11108849
Originating MLS: Beaches MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air, A/C Unit
Features
- Flooring: Ceramic Tile, Tile
- Windows: Shutters, Complete Accordion Shutters
Interior area
- Total structure area: 3,330
- Total interior livable area: 3,330 sqft
Video & virtual tour
Property
Parking
- Parking features: Space Parking
Features
- Stories: 1
- Patio & porch: Deck, Open Patio
- Exterior features: Auto Sprinkler, Zoned Sprinkler
- Fencing: Fenced
- Waterfront features: None
Lot
- Size: 0.25 Acres
- Features: < 1/4 Acre, 1/4 to 1/2 Acre, East of US-1
Details
- Parcel number: 68434216010002000
- Zoning: R3(cit
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- CBS
- Roof: Comp Shingle
Condition
- Resale
- New construction: No
- Year built: 1978
Utilities & green energy
- Electric: Separate Electrical Meters
- Sewer: Public Sewer
- Water: Public, Separate Water Meters
- Utilities for property: Cable Connected, Electricity Connected
Community & HOA
Community
- Features: None
- Subdivision: Palm Beach Lake Worth Estates
Location
- Region: North Palm Beach
Financial & listing details
- Price per square foot: $255/sqft
- Tax assessed value: $790,918
- Annual tax amount: $15,983
- Date on market: 7/19/2025
- Listing terms: Cash,Conventional,1031 Exchange
- Tenant pays: Electricity, Water
- Electric utility on property: Yes
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