4600 Kelmar Dr - Apartments FOR SALE


West Palm Beach, FL 33415
$718,000 USD
718-614-6446
4600 Kelmar Dr, West Palm Beach, FL for Sale
$718,000 USD
Apartments - FOR SALE
1/10
null | 8.5% Cap Rate

4600 Kelmar Dr
West Palm Beach, FL 33415


HIGHLIGHTS

  • Prime West Palm Beach location with quick access to major highways, retail, and key employment centers, supporting strong long-term renter demand.
  • Minutes from Downtown West Palm Beach and situated within a growing development corridor that continues to attract investment and population growth.
  • Triplex configuration offering diversified income potential and stable occupancy within a high-growth South Florida rental market.
  • Close to Palm Beach International Airport, providing excellent connectivity and added appeal for a broad tenant base.
  • Offered at $718,000, providing an accessible entry point into a competitive multifamily market with strong appreciation potential.

OVERVIEW

4600 Kelmar Dr is ideally positioned in the heart of West Palm Beach, offering investors strong rental demand driven by proximity to major highways, Palm Beach international Airport, employment hubs, and everyday retail. Just minutes from downtown West Palm Beach and the area’s growing development corridor, this location supports long-term appreciation potential and consistent occupancy in a high growth South Florida market.

FOR SALE DETAILS

PRICE

$718,000 USD

PRICE/SF

$259 USD /SF

# OF UNITS

3

PRICE/UNIT

$239,333

CAP RATE

8.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4600 Kelmar Dr

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,478 SF

ZONING

RM

APN/PARCEL ID

00-42-44-12-05-000-0150

ASK ABOUT THIS PROPERTY

Natalie AballiCompass Florida, LLC - Miami BeachMore Info
718-614-6446

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Natalie AballiCompass Florida, LLC - Miami BeachMore Info
718-614-6446

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.