For sale

$1,495,000

1000 W LAKEWOOD Road, West Palm Beach, FL 33405

9beds

5baths

5,026sqft

$10,412/mo

Get pre-qualified

Quadruplex, Multi Family, Multi Family

Built in 1926

-- sqft lot

$1,401,700 Zestimate^®

$297/sqft

$-- HOA

What's special

Wood-frame constructionPitched composite shingle roofsLarger floorplansCentral air conditioning

Excellent opportunity to acquire Lakewood Flats, a 7-unit multifamily property located at 1000 W Lakewood Road in West Palm Beach. The property consists of 4 buildings totaling 5,026 gross square feet on a 0.31-acre lot. Built between 1926 and 1940, the property features wood-frame construction, pitched composite shingle roofs, and central air conditioning. The desirable unit mix consists of four 2-bedroom/1-bathroom units, one 2-bedroom/2-bathroom unit, and two 3-bedroom/1-bathroom units, providing larger floorplans that appeal to a broad tenant base. Conveniently located near Southern Boulevard, Dixie Highway, and I-95, with easy access to Downtown West Palm Beach, Palm Beach Island, Palm Beach International Airport, Palm Beach Atlantic University, and major employment centers. Lakewood Flats offers investors a boutique, low-density multifamily asset with a strong unit mix in the growing West Palm Beach rental market.

33 days
257
18

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 5

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Features

Flooring: Laminate
Windows: Blinds

Interior area

Total structure area: 5,026
Total interior livable area: 5,026 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 7

Accessibility

Accessibility features: None

Features

Exterior features: None

Lot

Size: 0.31 Acres
Features: 1/4 to 1/2 Acre Lot

Details

Parcel number: 74434404080100360
Zoning: SF7 (city)
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family, Multi Family

Materials

Frame
Roof: Shingle

Condition

Resale
New construction: No
Year built: 1926

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available

Community & HOA

Community

Subdivision: LAKEVIEW RIDGE

HOA

Has HOA: No

Location

Region: West Palm Beach

Financial & listing details

Price per square foot: $297/sqft
Tax assessed value: $882,876
Annual tax amount: $19,640
Date on market: 9/3/2026
Cumulative days on market: 34 days
Listing terms: Cash,Conventional
Tenant pays: Cable TV, Electricity, Sewer, Water
Electric utility on property: Yes

Estimated market value

$1,401,700

$1.33M - $1.47M

Not available

Price history

Date	Event	Price
9/3/2026	Listed for sale	$1,495,000+171.8%$297/sqft
Source: BeachesMLS #B26071849 Report a problem
7/21/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
7/10/2022	Price change	$1,620-9.7%
Source: Zillow Rental Manager Report a problem
6/20/2022	Listed for rent	$1,795-4.3%
Source: Zillow Rental Manager Report a problem
5/27/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
5/23/2022	Listed for rent	$1,875
Source: Zillow Rental Manager Report a problem
6/19/2019	Sold	$550,000+32.5%$109/sqft
Source: Public Record Report a problem
5/12/2014	Sold	$415,000+13.4%$83/sqft
Source: Public Record Report a problem
12/21/2011	Sold	$366,000-24.5%$73/sqft
Source: Public Record Report a problem
9/14/2011	Listed for sale	$485,000+506.3%$96/sqft
Source: iseemedia #R3070443 Report a problem
6/3/2010	Sold	$80,000-90.3%$16/sqft
Source: Public Record Report a problem
12/3/2008	Listing removed	$829,000$165/sqft
Source: Century 21 #R2850553 Report a problem
3/5/2008	Listed for sale	$829,000+402.4%$165/sqft
Source: Century 21 Report a problem
10/8/1999	Sold	$165,000+10%$33/sqft
Source: Public Record Report a problem
1/29/1999	Sold	$150,000$30/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$19,640 +6%	$882,876 +6.3%
2024	$18,522 +2.4%	$830,510 +3.2%
2023	$18,081 -2.7%	$804,553 +0.8%
2022	$18,574 +7.8%	$798,276 +10%
2021	$17,235 +7.8%	$725,705 +9.7%
2020	$15,982 +24.4%	$661,739 +37.9%
2019	$12,842	$479,865 -8.9%
2018	$12,842 +15.2%	$526,578 +18.4%
2017	$11,146 +11.8%	$444,836 +23.4%
2016	$9,966 +10.6%	$360,530 +5.5%
2015	$9,012 +53.9%	$341,802 +82.2%
2014	$5,856 -7.3%	$187,617 -17%
2011	$6,319 -4.5%	$226,065 -4.1%
2010	$6,617	$235,804 -46%
2005	--	$436,539 +27.4%
2004	$5,240 +1141.7%	$342,732 +11.5%
2003	$422	$307,495