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West Palm Beach Multifamily Property
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4600 Kelmar Dr, West Palm Beach, FL 33415

Multifamily property in West Palm Beach near major amenities.

Property SizeContact for details
Days on Market179

Property Features for 4600 Kelmar Dr

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%
Net Operating Income $62,000

Building Details

Buildings 1
Stories 1
Units 3
Listing Agency: COMPASS
Listed By: Natalie Aballi · License #SL3596183
Source: Crexi
Added: Feb 26 Changed: Aug 8 Last Checked: Aug 23 at 3:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS

Investment Insights

Based on property information with market context.

Located in West Palm Beach, the property at 4600 Kelmar Dr benefits from its proximity to major highways, Palm Beach International Airport, employment centers, and retail options. The location is near downtown West Palm Beach and a developing corridor, potentially supporting long-term appreciation and consistent occupancy within the South Florida market. This property is intended for residential income purposes.

Key Highlights

  • Prime location in West Palm Beach with strong rental demand
  • Close proximity to major highways and Palm Beach International Airport
  • Minutes from downtown West Palm Beach and growing development corridor

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Accounting Firm Gym & Fitness Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

965
Businesses Nearby

Demographics for 33415, FL

51,251
Population
20,364
Households
2.5
Avg Household Size
37
Median Age
19%
College-Educated
77%
High-School Grad
7.3 sq mi
ZIP Area
7,021
Density / Sq Mi
$57,199
Median Household Income
$35,146
Median Earnings
$1,597
Median Rent
$220,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily property in West Palm Beach near major amenities.
Where is this multifamily property located?
The property is located at 4600 Kelmar Dr West Palm Beach, FL.
What is the asking price?
The asking price for this property is $718,000.
What are key features of this property?
This property features: Prime location in West Palm Beach with strong rental demand; Close proximity to major highways and Palm Beach International Airport; Minutes from downtown West Palm Beach and growing development corridor
(305) 851-2820 Call to check price and availability
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