3825 Lakewood Road, Palm Springs, FL 33461

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:

May 12, 2026 at 3:21AM

Listing Office:

Rook Realty LLC : 561-699-8720

Listing Agent:

Devin J Hill : 561-634-0647

MLS ID:

B26005268

Exterior

• General: Other
• Other Structures: Other

Location

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

Lot

• 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

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

Financial

• Source: BEACH_BEACH