3825 Lakewood Road Unit A, Palm Springs, FL 33461

$583,000
2
BD
2
BA
1,402
SqFt

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Sold Price
$583,000
List Price
$635,000
Days on Market
195
Closing Date
Oct 28, 2026
MLS#
B26005257
Year Built
1940
Bedrooms
2
Bathrooms
2
Living Area
1,402
Acres
0.88
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 the build-able land & home. Measurements are approx., subject to errors, omission and changes without notice.

Additional Information

Taxes
$9,094
Property Description
Traditional
Zoning
RM (city)
Interior Features
Main Level Primary, Other, Tub Shower
Utilities
Cable Available, Other, Water Available
Heating
Other
Air Conditioning
Other
Exterior Construction
Frame, Stucco
Roof
Composition, Other, Shingle
Elementary School
Palm Springs (Palm Beach)
Middle School
L. C. Swain
High School
John I. Leonard

Listing courtesy of Rook Realty LLC. Contact:

Selling Office: 441 Realty LLC.

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