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$930,000
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Property Description
Exceptional 4-Plex Investment Opportunity - Priced Below Appraised Value! Rare opportunity to acquire a well-maintained four-unit multifamily property offered below appraisal, providing immediate upside for investors. Each of the four spacious units features 2 bedrooms, 1 bathroom, plus an additional den that can be utilized as a home office or potential third bedroom. All units are currently rented at $2,000 per month on month-to-month leases, providing flexibility for a new owner to adjust rental rates. All units offer the convenience of in-unit laundry rooms and separately metered electric and water, ensuring efficient management and reduced owner expenses. Three units have undergone recent renovations, enhancing rental appeal and value. Major capital improvements include a brand-new roof installed in 2025 and fresh exterior paint, delivering peace of mind and minimizing future maintenance costs. Strong income potential, functional layouts, and solid upgrades make this property an excellent addition to any investment portfolio. Ideal for long-term hold, house hacking, or value-add strategy. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX.
Full Property Details
Full Property Details for 711 Truman Ave
General
- Sold For: $930,000
- Taxes: $16,274 (2025)
- Status: Closed
- Type: Multi-Family
- Source: Regional
- MLS ID: R11158021
- Added to Site: 120 day(s) ago
Interior
- Flooring: Tile
Additional Information
- Shared Amenities: None
Location
- County: Palm Beach
- Subdivision: PARKVIEW HGTS IN
- Driving Directions: Take I-95, exit East onto W Lantana Rd, head North onto N Dixie Highway, turn left onto Washington Ave, turn left Douglas St, turn right onto Truman Ave. Fourplex on the lefthand side.
School Information
- Elementary School: Barton
- Middle School: Lantana Community
- High School: Lake Worth
Community
- Community Name: 5640
- Units Assoc/Comm: 4
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Other
Utilities
- Water: Multiple Meters
Structural Information
- Structure Type: Quadruplex
- Construction: Block
- Roof: Composition
- Stories/Levels: 1
- Building Size: 4076
- Square Feet: 3,920
- Living Area: 3,920 Sq. Ft.
- Year Built: 1976
- Property Condition: Resale
Lot Features
- Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
- Zoning: SF-TF-14—SINGLE
- Fencing (Description): Fenced
Water Features
- Water Front View: None
Financial Considerations
- Tax Amount: $16,274
- Tax Year: 2025
- Terms: Cash, Conventional
- Tenant Pays: Cable TV, Electricity, Water
Disclosures and Reports
- Legal Description: PARKVIEW HEIGHTS LTS 29 & 30
- Property ID: 38434434030000290
Listed by Serhant
Sold by Compass Florida LLC
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Schools
Schools serving 711 Truman Ave
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Barton Elementary School 1700 Barton Rd, Lake Worth Beach, FL 33460 | PK-5 | 0.6 mi |
Lake Worth High School 1701 Lake Worth Rd, Lake Worth Beach, FL 33460 | 9-12 | 1.6 mi |
Lantana Middle School 1225 West Drew Street, Lantana, FL 33462 | 6-8 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 711 Truman Ave
Date
Details
Price
Change
Source
4/15/2026
Sold
$930,000
-4.52%
MLS
1/26/2026
Listed
$974,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
711 Truman Avenue, Lake Worth Beach, FL 33460 (MLS# R11158021) is a Multi-Family property that was sold at $930,000 on April 15, 2026. Want to learn more about 711 Truman Avenue? Do you have questions about finding other Multi-Family real estate for sale in Lake Worth Beach? You can browse all Lake Worth Beach real estate or contact a Coldwell Banker agent to request more information.

