CBS Duplex with Two 2BR
5735 Kumquat Road West Palm Beach, FL 33413
New
5735 Kumquat Road, West Palm Beach, FL, 33413
$619,000
For Sale
$619,000
MULTI_FAMILY - West Palm Beach, FL
Property Size1,668 SF
Lot Size0.29 Acres
Price / SF$371.10
Days on Market6
Property Features for 5735 Kumquat Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RM
- Bedrooms
- 4
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3
- Pets allowed
- Yes, No
- Fencing
- Fenced
- Standard status
- Active
- APN
- 00424335110120230
- Size
- 1,668 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- ROYAL PALM ESTATES PL NO 2 LT 23 BLK 12
- Tax Annual Amount
- 7407
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central, Electric (Heating)
- Cooling system
- Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1981
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile - Ceramic, Tile
- Building materials
- Block
- Roof type
- Shingle
Listing agency
KW Reserve Palm Beach
(561) 966-4000
Listed by
Loodmy Jacques · License #3222697
(561) 678-5584
Added: Jul 16 Updated: Jul 21 at 2:05AM Checked: Jul 21 at 7:06AM
MLS# B26053120
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.
Investment Insights
Based on property information with market context.
This CBS duplex offers two remodeled 2-bedroom, 1-bath units. Each unit includes a private fenced backyard, dedicated parking for four vehicles, central A/C, and a separate electric meter. Inside, both units feature tile flooring, walk-in closets, and in-unit washers and dryers.
The property is located at 5735 Kumquat Road in West Palm Beach, FL 33413. It is zoned RM and served by city water. The duplex is currently tenant-occupied on month-to-month leases.
As configured, the building provides two separate residential units with individual utilities and outdoor space, supporting both stable current occupancy and flexibility for future leasing or re-tenanting.
The property is located at 5735 Kumquat Road in West Palm Beach, FL 33413. It is zoned RM and served by city water. The duplex is currently tenant-occupied on month-to-month leases.
As configured, the building provides two separate residential units with individual utilities and outdoor space, supporting both stable current occupancy and flexibility for future leasing or re-tenanting.
Key Highlights
- Centrally located CBS duplex built in 1981 with 2 units, each offering 2 bedrooms and 1 bathroom
- Each unit has a private fenced backyard and dedicated parking for 4 vehicles per unit
- Units feature central A/C and ceiling fans, with separate electric meter(s) and city water
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 | $47.0k | $28.20 |
| − Vacancy | −$2.4k | −$1.47 |
| EGI | $44.6k | $26.73 |
| − OpEx | −$13.4k | −$8.02 |
| NOI | $31.2k | $18.71 |
1,668 SF · lease $28.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$445.9K
$390.2K – $520.2K
NOI $31,214 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$414.7K
$362.9K – $483.9K
NOI $29,031 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,229 @ 7.0% cap · market cap 13.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - CBS duplex with two remodeled 2-bedroom, 1-bath units, each with a private fenced yard and dedicated parking.
Where is this duplex located?
The property is located at 5735 Kumquat Road West Palm Beach, FL.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: Centrally located CBS duplex built in 1981 with 2 units, each offering 2 bedrooms and 1 bathroom; Each unit has a private fenced backyard and dedicated parking for 4 vehicles per unit; Units feature central A/C and ceiling fans, with separate electric meter(s) and city water
