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3825 Lakewood Road

Palm Springs, FL 33461

$670,000 $2,824/Mo

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Overview

38,190

Sqft(Lot)

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.

Property Details

Property Type : Land

Price : $670,000

AD Id : 76330777

MLS Id : B26005268

Lot Size : 38,190 Sqft(Lot)

County : Palm Beach

Subdivision: Lakewood Gardens 1

Map

Features

Exterior Features

Exterior Features: Fence

Lot Information

Main Square Feet: 38190 Lot Size Acres: 0.87 Lot Size Square Feet: 38,190 Lot Description: LessThanOneAcre,OversizedLot

Property Information

Subdivision: LAKEWOOD GARDENS 1 Source Property Type: Land MLS Area Minor: Palm Beach 5660; 5690; 5720; 5750; 5780 Postal Code Plus 4: 3573 Zoning Description: RM (city) Property SubType: Commercial Direction Faces: North

Listing Price Information

Listing Price: $670000

Cash, Conventional

Tax Information

Parcel Number: 70434419110020151 Tax Year: 2025 Annual Tax: $9094 Tax Legal Desc: LAKEWOOD GARDENS PL 1 WLY 146.04 FT OF TRS 15 & 16 BLK 2

Utility Information

ElectricityAvailable, Other, WaterAvailable, SewerAvailable
Location Information

WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
17 Miller Road, Palm Springs, FL, 33461	$775,000	--	--	--	Acres (Lot)--
3801 N 10th Ave N, Palm Springs, FL, 33461	$2,300,000	--	--	--	16,337 Sqft(Lot)

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ByOwner last updated this listing 06/18/2026 @ 20:16

MLS: B26005268 LISTED BY: Devin Hill, Rook Realty LLC 561-699-8720 SOURCE: SEFMIAMI