296 Alemeda Drive, Palm Springs, FL 33461
- Added:
- Mar 5, 2026
- Days on Market:
- 110
- Last Refresh:
- Jun 23 at 2:06 pm
Property Features for 296 Alemeda Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM (city)
- Bedrooms
- 5
- Rooms
- Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 5, Bathroom 4, Bedroom 2, Bedroom 4
- Standard status
- Active
- APN
- 70434418080590310
- Size
- 2,410 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- VILLAGE OF PALM SPRINGS PL 4 LOT 31 BLK 59
- Tax Annual Amount
- 9742
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1972
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Composition, Shingle
Listing agent Jean M Alain License #3094477 (561) 577-0347
Listing office Highlight Realty Corp/LW 5323 Lake Worth Rd, FL (561) 641-6787
Listing date Mar 5, 2026
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Great central Palm Springs location near West Palm Beach, Lake Worth Beach, Greenacres, and Wellington.
- Dual units: live in one and rent the other.
- Ready to move in condition.
- Relatively big utility room with washer and dryer hookup in both units.
- Central air conditioning and heating.
- Tile flooring throughout.
Overview
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 | $60.7k | $25.20 |
| − Vacancy | −$3.3k | −$1.39 |
| EGI | $57.4k | $23.81 |
| − OpEx | −$17.2k | −$7.14 |
| NOI | $40.2k | $16.67 |
Alternative Uses
Current Use by Public Records
Map
- City
- Palm Springs
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.096121
- Latitude
- 26.643231
