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4600 Kelmar Dr
West Palm Beach, FL 33415 Outer Greenacres

$718,000 USD

Apartments For Sale  •  2,772 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,772 SF
  • Lot Size 0.33 AC
  • Building Class C
  • Year Built 1974
  • Cap Rate 8.50 %
  • Zoning RM
30 Transit Score
50 Walk Score

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.

Property Flyers

Cap Rate: 8.50 %

Public Transportation

Commuter RailDriveWalkDistance
11 min - 5.7 mi
West Palm Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 14 min - 7.1 mi
AirportDriveWalkDistance
Palm Beach International 7 min - 2.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 7
Type: Surface
Included in Rent: Yes
Natalie Aballi 718-614-6446 Compass Florida, LLC - Miami Beach
Natalie Aballi 718-614-6446 Compass Florida, LLC - Miami Beach