$670,000

3825 Lakewood Road A, Palm Springs, FL 33461

  • 2 beds |
  • 2 baths |
  • 1,402 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon0.88acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $478/sqft
  • Property List Date Icon 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 the build-able land & home. Measurements are approx., subject to errors, omission and changes without notice.

Listing Status:
Active
Date Added:
March 21, 2026
Data Last Updated:
March 27, 2026 at 1:22PM
Listing Office:
Rook Realty LLC : 561-699-8720
Listing Agent:
Devin J Hill : 561-634-0647
MLS ID:
B26005257
  • General: Main Level PrimaryOtherTub Shower
  • Laundry: Other
  • Flooring: Other
  • A/C: Other
  • Heating: Other
  • General: OtherShed(s)
  • Style: Traditional
  • Other Structures: OtherShed(s)
  • Parking: OpenParking spaces: 1
  • Roofing: CompositionOtherShingle
  • General: FrameStucco1
  • Originating MLS: BEACH_BEACH
  • County: Palm Beach
  • Zoning: RM (city)LAKEWOOD GARDENS PL 1 WLY 146.04 FT OF TRS 15 & 16 BLK 270434419110020151
  • View: OtherView
  • Fencing: Fenced
  • Utilities: Cable AvailableOtherWater Available3 Phase
  • Water: PublicOther
  • 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

P

Palm Springs Elementary School

101 Davis Rd, Palm Springs, FL, 33461

Grades PK-5

0.60 miles away

L

L. C. Swain Middle School

5332 Lake Worth Rd, Greenacres, FL, 33463

Grades 6-8

1.90 miles away

J

John I. Leonard High School

4701 10th Ave N, Greenacres, FL, 33463

Grades 9-12

1.45 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.

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