3825 Lakewood Road, Palm Springs, FL 33461

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Sold Price
$583,000
List Price
$635,000
Days on Market
195
Closing Date
Oct 28, 2026
MLS#
B26005268
Lot Size
38,190
Acres
0.87
MLS Area Major
5690

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.

Additional Information

Taxes
$9,094
Zoning
RM (city)
Utilities
Electricity Available, Other, Sewer Available, Water Available

Listing courtesy of Rook Realty LLC. Contact:

Selling Office: 441 Realty LLC.

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