Home in 3825 Lakewood Road A, Palm Springs, FL 33461 for sale with MLS# B26005257
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.
3825 Lakewood Road A, Palm Springs, FL 33461
Price
- Price:
- $670,000.00
- Original List Price:
- $670,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $363.34
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Sold As-is
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- March 21, 2026 8:37 pm
Rooms Distribution
- Bedrooms:
- 2
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Room Type:
- Dining Room, Laundry, Family Room, Den, Great Room, Workshop, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Living Room, Master Bedroom, Maid/in-law Quarters
- Rooms Total:
- 13
- Master Bedroom Bath:
- Master Bdrm - Ground, Combo Tub/shower
- Dining Area:
- Other
Measures
- Living Area:
- 1,402 Sqft
- Built-Up Area:
- 1,844 Sqft
- Lot Area:
- 38,332.80 Sqft
- Lot Size Dimensions and Info:
- 146X262
- Building Area Source:
- Public Records
- Living Area Source:
- Public Records
- Lot Features:
- Fruit Tree(s)
- Lot Size Acres:
- 0.88
Property Features
- View from the Property:
- Other
- Waterfront:
- No
- Furnished:
- Unfurnished
- Interior:
- Other
- Other Structures:
- Shed(s), Other
- Laundry:
- Other
- Air Conditioning
- Air Conditioning System:
- Other
- Heating
- Heating System:
- Other
- Fence:
- Fenced
- Property Entrance Faces:
- North
Construction
- Year Built:
- 1940
- Roof:
- Shingle, Other, Composition
- Architectural Style:
- Traditional
- Levels:
- Multi/Split
- Construction Materials:
- Frame, Stucco
- Flooring:
- Other
- Number of stories:
- 1
- Structure Type:
- House
- Stories:
- 1
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $9,094.54
- Tax Year:
- 2025
- Tax Assessed Value:
- $441,463.00
- Property Tax Details:
- City/County
Parking
- Parking Total Spaces:
- 1
- Covered Spaces:
- 0
- Parking Features:
- Open
Utilities
- Sewer:
- Public Sewer
- Electric:
- Three Phase
- Utilities Available:
- Cable Available, Water Available, Other
- Water Source:
- Public, Other
Community
- Pets Allowed?:
- Yes, No Restrictions
- Subdivision Name:
- LAKEWOOD GARDENS 1
- Senior Community:
- No
- Restrictions:
- Other Restrictions, No Restrictions
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Tenant Occupied
- Buyer Possession:
- Negotiable, Close Of Escrow
- Negotiable Seller Concessions
Zoning and Legal
- Tax Legal Description:
- LAKEWOOD GARDENS PL 1 WLY 146.04 FT OF TRS 15 & 16 BLK 2
- Real Estate Folio Number (Parcel Number):
- 70434419110020151
- Zoning:
- RM (city)
Public Schools Assigned
- Elementary School:
- Camelot Elem
- High School:
- John I. Leonard
- Middle Or Junior School:
- L. C. Swain
Listing History
- Active on the market since:
- March 21, 2026
- Listing Agreement executed on:
- March 20, 2026
- Listing Status Last Changed On:
- March 21, 2026 8:37 pm
- Photos updated on:
- March 21, 2026 8:37 pm
- Last Modified:
- March 24, 2026 4:48 pm
Additional Information
- Courtesy of:
- Rook Realty LLC
- Attribution:
- Not provided
Location
- Street Name:
- Lakewood
- Street Number:
- 3825
- Unit Number:
- A
- City:
- Palm Springs
- State:
- Florida
- Zip Code:
- 33461
- County:
- Palm Beach
- Latitude:
- N26° 37' 16''
- Longitude:
- W81° 54' 7.5''
- Street Suffix:
- Road
Property Map
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$61,218
Median Home Value
$263,400
Median Rent
$1,615/mo
Median Age
36
Population
49,245
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