$635,000 $3,409 est/mo Sourced by Back At You
3825 Lakewood Road A,Palm Springs, FL 33461
Palm Springs, FL 33461
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Description
Prime Multifamily Development Opportunity - Nearly 1 Acre in High-Demand Area. Rare opportunity to acquire a 0.88-acre parcel with multifamily zoning (RM-15) allowing for up to 5 units-ideal for investors and developers looking to capitalize on strong rental demand in Palm Beach County. Situated on a generously sized lot, this property offers exceptional redevelopment potential with ample space for new construction, parking, and modern design layouts. The existing structure provides flexibility for interim use or income while plans are developed.. Asking price is based on the value of the build-able land & home. Measurements are approx., subject to errors, omission and changes without notice.
Details
| MLS # | B26005257 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 173 |
| Listing Provided By | Rook Realty LLC | Devin J Hill |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,402 |
| Story(s) | 1 |
| Zoning | RM (city) |
| Acreage | 0.88 |
| Property View | Other, Water |
Exterior
| Lot Features | Less Than One Acre |
|---|
Parking
| Parking Features | Open |
|---|
Taxes
| Tax Annual Amount | 9094 |
|---|
Area Information
| State | FL |
|---|---|
| County | Palm Beach |
| City | Palm Springs |
| Zip Code | 33461 |
| Area | 69 |
| Subarea | Palm Beach 5660; 5690; 5720; 5750; 5780 |
| Community Name | LAKEWOOD GARDENS 1 |
| Listing VS Median (in LAKEWOOD GARDENS 1) | |
Price: $635,000 low | high Med: $635,000 sqft: 1,402 low | high Med: 1,402 $ / sqft: $453 low | high Med: $453 On site: 173 low | high Med: 173 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Palm Beach |
| City | Palm Springs |
| Zip Code | 33461 |
| Area | 69 |
| Subarea | Palm Beach 5660; 5690; 5720; 5750; 5780 |
| Community Name | LAKEWOOD GARDENS 1 |
| Listing VS Median (in LAKEWOOD GARDENS 1) | |
Price: $635,000 low | high Med: $635,000 sqft: 1,402 low | high Med: 1,402 $ / sqft: $453 low | high Med: $453 On site: 173 low | high Med: 173 | |
Nearby Listings (Within 1/4 mile)
Price: $476K - $793K
sqft: 1,000 - 1,500
Listing Updated: September 4, 2026 at 9:49:05 PM PDT