4600 Kelmar Drive, West Palm Beach, FL
MULTI_FAMILY - West Palm Beach, FL
- Added:
- Mar 19, 2026
- Days on Market:
- 88
- Last Refresh:
- Jun 14 at 3:06 am
Property Features for 4600 Kelmar Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM
- Parking
- 6
- Standard status
- Active
- APN
- 00424412050000150
- Size
- 2,772 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- KELMAR PARK LTS 15 & 16
- Tax Annual Amount
- 9465
Utilities
- Utilities
- Water Available
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating)
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 1974
- Floors in Building
- 1
- Number of units
- 3
Listing agent Natalie Aballi License #3596183 (718) 614-6446
Listing office Compass Florida, LLC 1212 Lincoln Rd Suite 113, Miami Beach, FL (305) 851-2820
Listing date Mar 19, 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
- Water Available
- Septic Tank Sewer System
- Built in 1974
- Electric Cooling
- Electric Heating
- Public Water Source
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 | $78.2k | $28.20 |
| − Vacancy | −$4.1k | −$1.47 |
| EGI | $74.1k | $26.73 |
| − OpEx | −$22.2k | −$8.02 |
| NOI | $51.9k | $18.71 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.114227
- Latitude
- 26.658304
