3825 Lakewood Road,Palm Springs, FL 33461
Palm Springs, FL 33461
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 build-able land & home. Measurements are approx and not deemed accurate., subject to errors, omission and changes without notice. Buyer and Buyer agent/broker to verify all information. Sold as-is.
Details
| MLS # | B26005268 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Days On Site | 205 |
| Listing Provided By | Rook Realty LLC | Devin J Hill |
Features
| Zoning | RM (city) |
|---|---|
| Acreage | 0.87 |
Exterior
| Lot Features | Less Than One Acre, Oversized Lot |
|---|
Taxes
| Tax Annual Amount | 9094 |
|---|
Area Information
| State | FL |
|---|---|
| County | Palm Beach |
| City | Palm Springs |
| Zip Code | 33461 |
| Area | 5690 |
| 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: $318,625 On site: 205 low | high Med: 111 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Palm Beach |
| City | Palm Springs |
| Zip Code | 33461 |
| Area | 5690 |
| 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: $318,625 On site: 205 low | high Med: 111 | |
