Home » Lake Worth » 4562 &4588 Davis Road, Lake Worth, FL 33461 | R11024360/RX-11024360

For Sale 4562 &4588 Davis Road, Lake Worth, FL 33461

$995,000
Price has decreased by $100,000

Property Highlights

Listing ID R11024360/RX-11024360 Status of this Listing: Active For Sale Property Type Residential Income (Multifamily 2-4) Living Space 3,644 Sqft/338.54 m2 approx. Building Area 3,644 Sqft/338.54 m2 approx. Lot area 65,340 Sqft/6070.28 m2 approx. Year Built 1940 Time of this property on Rebonus 70 Day(s)
  • 4562 &4588 Davis Road Lake Worth MLS R11024360 Listing Photo #1

4562 &4588 Davis Road, Lake Worth, FL 33461

Property Description: Prime development opportunity. Rarely available 2 lot package deal. Approximately 1.5 acres in total. Spread out over 2 separate lots conveniently situated next to each other. Currently pending site plan approval. New condos, townhouses, apartment rental complex, single family homes, this property offers endless possibilities. Zoned RM HR MULTI-FAMILY( UNINCORPORATED ). Possible Potential for 18 units plus. Centrally located only a few blocks away from busy Lake Worth Road & Melaleuca Lane. Easy access to both I-95 & FL Turnpike. A short distance to other new redevelopment, restaurants, shopping, downtown areas, beaches, hospitals, airports, schools and colleges. Perfect opportunity for any investor! Listing includes 2 parcels PCN # 00434430010720030 and PCN # 00434430010720041.

Residential Income (Multifamily 2-4) For Sale located at 4562 &4588 Davis Road Lake Worth FL 33461 in Palm Beach referenced as ID MLS # R11024360. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Previous Asking Price:$1,095,000
Original List Price:$1,095,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Number of Units Total:2
Property Condition:
  • Resale
  • Fixer
Levels:One
Construction Materials:
  • Block
Flooring:
  • Tile
Stories:1

Property Features

Waterfront:No
Exterior Features:
  • Patio
  • Room For Pool
Patio and Porch Features:
  • Patio
Roof:
  • Shingle
  • Composition
Heating System:
  • Other

Taxes and Expenses

Tax Annual Amount:$5,850

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee Frequency:
  • Monthly

Terms

Documents Available:
  • Survey
Disclosures:
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Subdivision Name:PALM BEACH FARMS
Community Features:
  • Non-gated
Complex Name:PALM BEACH FARMS
Senior Community:No
Restrictions:No Restrictions

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1

Utilities

Utilities Available:
  • Electricity Available
  • Water Available
Water Source:
  • Public

More Details

Other Information:
Housing Older Persons ActNo HOPA
Data exchange original Listing NumberRX-11024360
Ref1088870818

Zoning and Legal

Tax Legal Description:PALM BEACH FARMS CO PLAT 7 LT C BLK 72 & PL 7 LT D /LESS W 10 FT CO RD R/W, E 140 FT & S 10 FT OF E 167.9 FT OF W 177.9
Real Estate Folio Number (Parcel Number):00434430010720030
Zoning Description:RM HR MU

Listing History

Update/EventDate/Days
Published Date:September 27, 2024 7:04 am
On Market Date:September 27, 2024
Listing Contract Date:September 27, 2024
Price Change Date Time:November 18, 2024 12:00 am
Last Important Update Description:Price Change
Date and Time of Last Important Update:November 18, 2024 5:39 am
Status Last Changed:September 27, 2024 12:00 am
Photos Last Modified:September 27, 2024 3:16 pm
Last Modified:November 18, 2024 3:22 pm
Days on the Market Reference Date:November 18, 2024
Days on the Market (updated on Last Modified*):52
Cumulative Days on the Market (updated on Last Modified**):52

Additional Information

Lot Size Range:,
Number of Photos:1
Location:,
Included:,,
Geographical Area:Palm Beach 5670; 5680; 5700; 5710
Area:5700
Automated Valuation Display:Yes
Courtesy of:Voro LLC
Universal Property Id:US-12099-N-00434430010720030-R-N

Location

Show Property Address:Yes
Street Name:Davis Road
Street Number:4562 &4588
Street Address:4562 &4588 Davis Road
City : Lake Worth
State : Florida
Zip Code : 33461
County : Palm Beach
Full Address:4562 &4588 Davis Road, Lake Worth, FL 33461
Latitude:N26° 36' 33.7''
Longitude:W81° 54' 10.7''

Neighborhood

Postal City:Lake Worth

Property Map