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$725,000 Just Listed
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Property Description
Investor opportunity in the desirable SoSo / Hillside Park area of West Palm Beach. This 1926 Spanish Colonial triplex is surrounded by mature trees and palms and offers a classic Spanish style main house plus two studio apartments. Zoned for up to 5 units per tax records, providing excellent income and value-add potential. Located 5 minutes to Downtown West Palm Beach and PBI Airport (outside flight path), 10 minutes to the beach, and close to restaurants, parks, and entertainment.
Full Property Details
Full Property Details for 735 Colonial Rd
General
- Price: $725,000
- Taxes: $10,213 (2025)
- Status: Active
- Type: Triplex
- Source: Regional
- MLS ID: R11158332
- Updated: 1/28/2026
- Added to Site: 4 day(s) ago
Interior
- Flooring: Clay, Concrete, Wood
Additional Information
- Shared Amenities: Basketball Court, Dog Park, Playground, Park, Sports Fields, Sidewalks, Trail(s)
Exterior
- Exterior Features: Awning(s), Balcony, Outdoor Living Area
- Porch/Patio/Deck: Covered, Open, Patio, Porch, Balcony
Location
- County: Palm Beach
- Subdivision: HILLSIDE PARK
- Driving Directions: i95 East on Forrest Hills Blvd. Left on Lake Avenue. Property is on right side
Community
- Community Name: 5430
- Units Assoc/Comm: 3
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Wall/Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Multiple Meters, Public
- Cable Available: Yes
- Utility Description: Cable Available, Sewer Available, Water Available
Structural Information
- Structure Type: Triplex
- Construction: Frame, Concrete, Stucco
- Roof: Flat, Spanish Tile
- Windows: Blinds, Sliding
- Stories/Levels: 2
- Building Size: 2638
- Square Feet: 2,314
- Living Area: 2,314 Sq. Ft.
- Year Built: 1928
- Property Condition: Resale
Additional Structures
- Other Structures: Barn(s), Outbuilding, Shed(s)
Lot Features
- Property View: City, Garden
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Dimensions: 59.0 ft x 110.0 ft
- Lot Features: Fruit Trees, Sprinklers Automatic, 1/4 Acre
- Zoning: SF7(ci
- Fencing (Description): Fenced
Water Features
- Water Front View: None
Financial Considerations
- Tax Amount: $10,213.6
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
- Tenant Pays: Cable TV, Electricity
Disclosures and Reports
- Documents Avail.: Appraisal, Inventory
- Legal Description: HILLSIDE PARK LTS 200 & 201
- Property ID: 74434409040002000
Listed by Current Properties
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Schools
Schools serving 735 Colonial Rd
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Palmetto Elementary School, West Palm Beach, FL 5801 Parker Avenue, West Palm Beach, FL 33405 | PK-5 | 0.3 mi |
Conniston Middle School 3630 Parker Avenue, West Palm Beach, FL 33405 | 6-8 | 1.2 mi |
Forest Hill Community High School 6901 Parker Avenue, West Palm Beach, FL 33405 | 9-12 | 0.5 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 735 Colonial Rd
Date
Details
Price
Change
Source
1/27/2026
Listed
$725,000
110.14%
MLS
5/21/2020
Sold
$345,000
—
Public Record
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
Tax History for 735 Colonial Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,218
4%
$464,795
4%
2024
$9,846
1%
$447,731
-2%
2023
$9,717
16%
$458,833
29%
2021
$8,379
-7%
$355,151
-12%
2022
$8,991
7%
$404,150
32%
2021
$8,379
46%
$306,597
16%
2019
$5,744
14%
$263,823
7%
2018
$5,021
11%
$245,565
7%
2017
$4,511
4%
$228,711
46%
2016
$4,330
3%
$157,081
10%
2015
$4,205
10%
$142,801
10%
2014
$3,809
17%
$129,819
10%
2013
$3,249
—
$118,017
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 735 Colonial Rd
735 Colonial Road, West Palm Beach, FL 33405 (MLS# R11158332) is a Triplex property with 0 bedrooms and 0 full bathrooms. 735 Colonial Road is currently listed for $725,000 and was received on January 27, 2026. Want to learn more about 735 Colonial Road? Do you have questions about finding other Triplex 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.

