$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 TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1940
Days On Site194
Listing Provided ByRook Realty LLC | Devin J Hill

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet1,402
Story(s)1
ZoningRM (city)
Acreage0.88
Property ViewYes

Exterior

Lot FeaturesFruit Trees

Parking

Garage Yes / NoNo
Parking FeaturesOpen

Taxes

Tax Annual Amount9094.54

Area Information

StateFL
CountyPalm Beach
CityPalm Springs
Zip Code33461
Area5690
SubareaPB19
Community NameLAKEWOOD GARDENS 1
Listing VS Median (in LAKEWOOD GARDENS 1)
Price:
$635,000
low | high
Med:
$318,625
99.822834645669% of Average
sqft:
1,402
low | high
Med:
1,097
71.754636233952% of Average
$ / sqft:
$453
low | high
Med:
$228
99.686381531854% of Average
On site:
194
low | high
Med:
99.5
100% of Average
Sourced by Back At You

Market Activity 33461

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Learn More About This Property

StateFL
CountyPalm Beach
CityPalm Springs
Zip Code33461
Area5690
SubareaPB19
Community NameLAKEWOOD GARDENS 1
Listing VS Median (in LAKEWOOD GARDENS 1)
Price:
$635,000
low | high
Med:
$318,625
99.822834645669% of Average
sqft:
1,402
low | high
Med:
1,097
71.754636233952% of Average
$ / sqft:
$453
low | high
Med:
$228
99.686381531854% of Average
On site:
194
low | high
Med:
99.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $476K - $793K
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
3837 Gulfstream Road Property Photo 1
$390,000
3837 Gulfstream Road
Palm Springs, FL 33461
4804 Waterview Circle Property Photo 1
$239,000
4804 Waterview Circle
Palm Springs, FL 33461
Listing Updated: September 28, 2026 at 6:47:39 PM PDT