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.
Lot/land
$670,000
3825 Lakewood Road, Palm Springs, FL 33461
--beds
--baths
0.88Acres
Unimproved Land
Built in ----
0.88 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 105 days |
- 57 |
- 3 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Devin J Hill 561-634-0647,
Rook Realty LLC
Source: BeachesMLS,MLS#: B26005268
Originating MLS: BeachesMLS
Facts & features
Interior
Video & virtual tour
Property
Features
- Fencing: Fenced
- Waterfront features: None
Lot
- Size: 0.88 Acres
- Dimensions: 146.0 ft x 262.0 ft
- Features: City Lot, Oversized Lot, Other
Details
- Additional structures: Other
- Parcel number: 70434419110020151
- Zoning: RM (city)
- Special conditions: Standard,Listed As-Is
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Other, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: LAKEWOOD GARDENS 1
HOA
- Has HOA: No
Location
- Region: Lake Worth
Financial & listing details
- Tax assessed value: $441,463
- Annual tax amount: $9,094
- Date on market: 3/21/2026
- Cumulative days on market: 106 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Other
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/21/2026 | Listed for sale | $670,000 |
Source: | ||
| 5/14/2025 | Listing removed | $670,000 |
Source: | ||
| 4/15/2025 | Listed for sale | $670,000-23.4% |
Source: | ||
| 8/29/2024 | Listing removed | $875,000 |
Source: | ||
| 7/10/2024 | Listed for sale | $875,000+60.6% |
Source: | ||
| 8/1/2023 | Sold | $545,000-8.4% |
Source: | ||
| 7/20/2023 | Pending sale | $595,000 |
Source: | ||
| 6/27/2023 | Listed for sale | $595,000+116.4% |
Source: | ||
| 10/31/2018 | Listing removed | $275,000 |
Source: Lake Worth - WEICHERT, REALTORS - True Quality Service #RX-10457238 Report a problem | ||
| 10/30/2018 | Pending sale | $275,000 |
Source: Lake Worth - WEICHERT, REALTORS - True Quality Service #RX-10457238 Report a problem | ||
| 10/1/2018 | Price change | $275,000-8.3% |
Source: Lake Worth - WEICHERT, REALTORS - True Quality Service #RX-10457238 Report a problem | ||
| 8/21/2018 | Listed for sale | $299,977 |
Source: Lake Worth - WEICHERT, REALTORS - True Quality Service #RX-10457238 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Lake Worth Corridor
Nearby schools
GreatSchools rating
- 2/10Palm Springs Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10L C Swain Middle SchoolGrades: 6-8Distance: 1.9 mi
- 3/10John I. Leonard High SchoolGrades: PK,9-12Distance: 1.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Palm Beach County
- Lake Worth Beach
- 33461
- Lake Worth Corridor
- 3825 Lakewood Road
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Nearby neighborhoods
Nearby zip codes
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