618 30th St West Palm Beach, FL 33407
MULTI_FAMILY - West Palm Beach, FL
Property Features for 618 30th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Rooms
- Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2
- Parking
- 3
- Standard status
- Active
- APN
- 74434309050430080
- Size
- 1,689 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- NORTHWOOD ADD LT 8 BLK 43
- Tax Annual Amount
- 7410
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 1
- Flooring type
- Vinyl, Tile
- Building materials
- Block, Frame, Stucco
- Roof type
- Flat, Tile
Listing agent Pilar Lesmes License #3411057 (786) 202-5354
Listing office LoKation 1500 E Atlantic Blvd. The K. Co. Building, Pompano Beach, FL (954) 545-5583
Listing date Jul 16, 2026
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located at 618 30th St in the Northwood area of West Palm Beach, within blocks of Northwood Village and minutes from Downtown West Palm Beach and Singer Island, as well as Palm Beach Lakes Mall, the PB Airport, the train station, and Good Samaritan Hospital.
According to the listing, the property has been vacant since late June 2026. It previously produced $5,325 per month as a yearly rental.
Key Highlights
- Triplex built in 1930 with block, frame, and stucco construction.
- Public water and public sewer connectivity.
- Central air (electric) plus electric heating.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.6k | $28.20 |
| − Vacancy | −$2.5k | −$1.47 |
| EGI | $45.2k | $26.73 |
| − OpEx | −$13.5k | −$8.02 |
| NOI | $31.6k | $18.71 |
