$670,000

3825 Lakewood Road, Palm Springs, FL 33461

Land
Built in ——
0.87acre lot
—— car garage
$——/sqft
Listed 7 days ago

Property 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.

Listing Status:: Active
Date Added:: March 21, 2026
Data Last Updated:: March 28, 2026 at 2:19AM
Listing Office:: Rook Realty LLC : 561-699-8720
Listing Agent:: Devin J Hill : 561-634-0647
MLS ID:: B26005268

General: Other
Other Structures: Other

Road/Access: Other
Originating MLS: BEACH_BEACH
County: Palm Beach

Zoning: RM (city)LAKEWOOD GARDENS PL 1 WLY 146.04 FT OF TRS 15 & 16 BLK 270434419110020151
Fencing: Fenced
Current Use: Mixed UseOtherSingle Family

Utilities: Electricity AvailableOtherSewer AvailableWater Available
Water: Public
Sewer: Public Sewer

Source: BEACH_BEACH

This listing courtesy of Devin J Hill , Rook Realty LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Palm Springs Elementary School

101 Davis Rd, Palm Springs, FL, 33461

Grades PK-5

0.60 miles away

Somerset Academy Jfk Charter School

4696 Davis Rd, Lake Worth, FL, 33461

Grades KG-8

0.95 miles away

Palm Beach Preparatory Charter Academy

3525 S Congress Ave, Palm Springs, FL, 33461

Grades 9-12

0.56 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.