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$675,000

  • For Sale
  • Active
  • Multi-Family
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Excellent income-producing property! Almost 10% cap! Low-maintenance and high-return investment opportunity. This triplex has all impact windows. The owner currently occupies the main unit, while the additional 2-bedroom, 1-bath unit rents for $1,900 on an annual lease and the 1-bedroom, 1-bath unit rents for $1,400.The owner's unit was previously rented for $2,400 per month, and the new owner can easily rent it again for $2,400 or more, making this property a true cash cow.Centrally located just minutes from supermarkets, restaurants, the airport, and beautiful beaches--an ideal location for both owners and tenants. Don't miss this rare income opportunity!

Full Property Details for 4559 Cole St

General

  • Price: $675,000
  • Taxes: $4,599 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Regional
  • MLS ID: RX-11147186
  • Updated: 12/25/2025
  • Added to Site: 35 day(s) ago

Interior

  • Flooring: Tile

Exterior

  • Exterior Features: Fence

Location

  • Area: 5500
  • County: Palm Beach
  • Subdivision: West Park
  • Driving Directions: 3 BLOCKS N OF BELVEDERE ON W SIDE OF MILITARY TRAIL

Community

  • Community Features: None
  • Home Owners Assn.: None

Heating & Cooling

  • Cooling Type: Ceiling Fan, Central, Wall-Win A/C
  • Heating Type: Central, Electric, Window/Wall

Utilities

  • Utility Description: Cable, Electric, Public Water, Septic

Structural Information

  • Architectural Style: Duplex/Triplex/Quad
  • Description/Design: Triplex
  • Construction: CBS, Concrete, Stucco
  • Roof: Mixed
  • Stories in Building: 1
  • Square Feet: 1,684
  • Sq. Ft. Source: Other
  • Year Built: 1959

Unit Information

Unit 1

  • Unit Description: A/C Unit, Dishwasher, Kitchen, Microwave, Range - Electric, Refrigerator, Separate Dining, Split Bedrooms
  • Square Feet: 1369
  • Bedrooms: 2
  • Parking: Open Parking, Space Parking

Unit 2

  • Unit Description: A/C Unit, Kitchen, Range - Electric, Refrigerator
  • Square Feet: 504
  • Bedrooms: 2
  • Parking: Open Parking, Space Parking

Unit 3

  • Unit Description: A/C Unit, Kitchen, Range - Electric, Refrigerator
  • Square Feet: 462
  • Parking: Open Parking, Space Parking

Lot Features

  • Lot Size (Sq. Ft.): 9,241
  • Zoning: RH

Water Features

  • Water Front Desc.: None

Financial Considerations

  • Price Per Sq. Ft.: $400.83
  • Tax Amount: $4,599
  • Tax Year: 2025
  • Terms: Cash, Conventional
  • Tenant Pays: None

Disclosures and Reports

  • Legal Description: WEST PARK REPL E 65 FT OF TR 14 (LESS S 5 FT COLE ST R/W)
  • Restrictions: None
  • APN: 424325050000143

Listed by Illustrated Properties

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— 4559 Cole St —

  • Illustrated Properties

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 4559 Cole St

School District:Palm Beach County School District
NameGradesDistance
Hope-Centennial Elementary School
5298 Stacy Street, West Palm Beach, FL 33417
PK-50.8 mi
Bear Lakes Middle School
3505 Shenandoah Road, West Palm Beach, FL 33409
6-82.6 mi
Palm Beach Lakes High School
3505 Shiloh Drive, West Palm Beach, FL 33407
9-124.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4559 Cole St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/12/2025
Listed
$675,000
92.86%
MLS
3/17/2022
Sold
$350,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4559 Cole St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,744
3%
$298,253
3%
2024
$4,599
3%
$289,847
3%
2023
$4,479
51%
$281,405
75%
2021
$2,964
-11%
$160,508
-21%
2022
$3,326
12%
$202,061
50%
2021
$2,964
14%
$135,019
24%
2019
$2,598
22%
$108,742
10%
2018
$2,136
—
$98,856
-1%
2017
$2,141
1%
$100,062
4%
2016
$2,121
-4%
$96,440
-1%
2015
$2,199
147%
$97,645
78%
2014
$892
1%
$54,717
2%
2013
$882
—
$53,908
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4559 Cole Street, West Palm Beach, FL 33417 (MLS# RX-11147186) is a Multi-Family property with 0 units containing 0 bedrooms and 0 full bathrooms. 4559 Cole Street is currently listed for $675,000 and was received on December 12, 2025. Want to learn more about 4559 Cole Street? Do you have questions about finding other Multi-Family real estate for sale in West Palm Beach? You can browse all West Palm Beach real estate or contact a Coldwell Banker agent to request more information.

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