Unimproved Land in 3825 Lakewood Road, Palm Springs, FL 33461 for sale with MLS# B26005268
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.
3825 Lakewood Road, Palm Springs, FL 33461
- Price:
- $635,000.00
- Original List Price:
- $670,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $16.63
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Land & Docks
- Property Type:
- Unimproved Land
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- July 24, 2026 6:01 pm
- Other Special Conditions:
- Sold As-is, Handyman Special, Potential Tear Down
- Lot Area:
- 38,190 Sqft
- Lot Size Dimensions and Info:
- 146.0 ft x 262.0 ft
- Lot Size Unit:
- Acres
- Lot Features:
- Oversized Lot, Home
- Lot Size Acres:
- 0.87
- Waterfront:
- No
- Other Structures:
- Other
- Current Use:
- Other, Single Family, Mixed Use
- Fence:
- Fenced
- Property Entrance Faces:
- North
- Possible Use:
- Investment, Other, Residential, Single Family, Multi-family, Development, Mixed Use, See Remarks
- Tax Annual Amount:
- $9,094.54
- Tax Year:
- 2025
- Tax Assessed Value:
- $441,463.00
- Property Tax Details:
- Other Exemption
- Sewer:
- Public Sewer
- Utilities Available:
- Electricity Available, Sewer Available, Water Available, Other
- Water Source:
- Public
- Subdivision Name:
- LAKEWOOD GARDENS 1
- Senior Community:
- No
- Development Status:
- Other, See Remarks
- Documents Available:
- Other
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Tenant Occupied
- Buyer Possession:
- Negotiable, Close Of Escrow
- Negotiable Seller Concessions
- 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)
- Active on the market since:
- March 21, 2026
- Listing Agreement executed on:
- March 20, 2026
- Price change occurred on:
- July 24, 2026 6:01 pm
- Listing Status Last Changed On:
- March 21, 2026 8:57 pm
- Photos updated on:
- March 21, 2026 8:57 pm
- Last Modified:
- July 24, 2026 6:02 pm
- Courtesy of:
- Rook Realty LLC
- Attribution:
- Not provided
- Road Surface Type:
- Other
- Street Name:
- Lakewood
- Street Number:
- 3825
- City:
- Palm Springs
- State:
- Florida
- Zip Code:
- 33461
- County:
- Palm Beach
- Latitude:
- N26° 37' 16''
- Longitude:
- W81° 54' 7.5''
- Street Suffix:
- Road

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