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    Keller Williams Preferred Partners

    Keller Williams Realty Palm Beach Central, 2005 Vista Parkway, Suite 100, West Palm Beach, FL 33411
    (561) 966-4000
    Web Site
    Size: under 10 agents

    Agents

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    Property Types

    • Commercial Sale
    • Residential Lease
    • Land
    • Commercial Lease

    Listings

    For Sale (20)

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    Lehigh Acres Canal View Lot
    $40,000
    0.24 Acres

    Lehigh Acres Canal View Lot

    Buildable lot with canal view and public utilities in Lehigh Acres.

    773 Cadis St E, Lehigh Acres, FL 33974
    View details
    Fruit-Producing Land Parcel
    $539,000

    Fruit-Producing Land Parcel

    Land with income potential from established fruit trees.

    NW 7Th Ct, Boynton Beach, FL 33426
    View details
    Expansive Agricultural Lot in Fort Pierce
    $2,399,000
    114.85 Acres

    Expansive Agricultural Lot in Fort Pierce

    114.85-acre agricultural lot in a serene Fort Pierce neighborhood.

    S Header Canal Rd, Fort Pierce, FL 34945
    View details
    Corner Lot Ready For Building
    $35,500
    0.31 Acres

    Corner Lot Ready For Building

    Corner lot in North Port, ready for new construction.

    8 Renault Cir, North Port, FL 34291
    View details
    Fruit-Producing Land with Income Potential
    $539,000

    Fruit-Producing Land with Income Potential

    Land with fruit trees, income potential, near major road.

    0000 NW 7Th Ct, Boynton Beach, FL 33426
    View details
    Port St. Lucie Retail Opportunity
    $60,000
    15,894 SF

    Port St. Lucie Retail Opportunity

    Business opportunity with strong clientele in Port St. Lucie, Florida.

    7991 S Us Highway 1, Port St Lucie, FL 34952
    View details
    Free-Standing Retail Building on US1
    $569,000
    1,202 SF

    Free-Standing Retail Building on US1

    Retail building with high visibility and ample parking.

    888 E Coast Ave, Lantana, FL 33462
    View details
    Lehigh Acres Canal View Lot
    $40,000
    0.24 Acres

    Lehigh Acres Canal View Lot

    Buildable lot with canal view and public utilities.

    773 Cadis St E, Lehigh Acres, FL 33974
    View details
    Entitled Land Parcel Near Downtown
    $2,100,000
    1.74 Acres

    Entitled Land Parcel Near Downtown

    1.74-acre parcel fully entitled for 12 townhome-style units.

    4604 Grove St, West Palm Beach, FL 33415
    View details
    Riviera Beach Turnkey Duplex
    $350,000
    1,284 SF

    Riviera Beach Turnkey Duplex

    Turnkey duplex near shopping, dining, airport, and beach.

    1340 W 33Rd St, Riviera Beach, FL 33404
    View details
    Palm Bay Buildable City Lot
    $39,500
    0.23 Acres

    Palm Bay Buildable City Lot

    Residential land for sale in Palm Bay, Florida.

    1190 SE Waterford St SE, Palm Bay, FL 32909
    View details
    Buildable Lot in Okeechobee County
    $35,000
    1.25 Acres

    Buildable Lot in Okeechobee County

    High and dry 1.25 acre lot to build your dream home.

    21326 NW 274Th St, Okeechobee, FL 34972
    View details
    Residential Land in Palm Bay
    $62,000
    0.26 Acres

    Residential Land in Palm Bay

    Vacant 0.26 acre residential corner lot for single-family home.

    10 Taft Ave, Palm Bay, FL 32909
    View details
    Corner Lot Ready For Building
    $35,500
    0.31 Acres

    Corner Lot Ready For Building

    Corner lot in North Port, ready for your future home.

    Renault Cir, North Port, FL 34291
    View details
    Residential Land in Palm Bay
    $62,000
    0.26 Acres

    Residential Land in Palm Bay

    0.26 acre corner lot in sought-after Palm Bay community.

    Taft Ave, Palm Bay, FL 32909
    View details
    Oversized Lot in Quiet Cul-de-Sac
    $199,900
    0.38 Acres

    Oversized Lot in Quiet Cul-de-Sac

    Large 0.38-acre lot with canal views, no HOA fees.

    4027 SW Kidd Ct, Port Saint Lucie, FL 34953
    View details
    Productive Agricultural Land in Loxahatchee
    $2,000,000
    17.87 Acres

    Productive Agricultural Land in Loxahatchee

    18 acres of income-generating agricultural land in established rural corridor.

    20231 Antoinette St, Loxahatchee, FL 33470
    View details
    Retail Building on Busy US1
    $569,000
    1,202 SF

    Retail Building on Busy US1

    Freestanding retail building with high visibility and ample parking.

    888 E Coast Ave, Lantana, FL 33462
    View details
    20-Acre Residential Lot Opportunity
    $900,000
    20.00 Acres

    20-Acre Residential Lot Opportunity

    20-acre residential lot in a quiet Hobe Sound neighborhood.

    SE 138Th St, Hobe Sound, FL 33455
    View details
    West Palm Beach Development Land
    $2,100,000
    1.74 Acres

    West Palm Beach Development Land

    1.74-acre parcel entitled for 12 townhome-style units.

    4604 Grove St, West Palm Beach, FL 33415
    View details

    For Lease (4)

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    Equestrian Property Near Wellington International
    $8,500 / Mo
    2,635 SF

    Equestrian Property Near Wellington International

    Exceptional equestrian facilities available for seasonal rental near Wellington International.

    Wellington, FL 33414
    View details
    Retail Building on US1
    $3,400 / Mo
    1,202 SF

    Retail Building on US1

    Freestanding retail building with high visibility and ample parking.

    888 E Coast Ave, Lantana, FL 33462
    View details
    Versatile Commercial Space in Westgate
    $15,000 / Mo
    9,232 SF

    Versatile Commercial Space in Westgate

    Premier commercial destination with showroom, offices, and warehouse.

    4050 Westgate Ave, West Palm Beach, FL 33409
    View details
    Port Saint Lucie Retail Opportunity
    $60,000
    15,894 SF

    Port Saint Lucie Retail Opportunity

    Retail space available in Port Saint Lucie, Florida.

    7991 S Us Highway 1, Fort Pierce, FL 34952
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Keller Williams Preferred Partners
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