Lot/land

Price cut: $35K (7/24)

$635,000

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

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.

150 days

33

0

Facts & features

Interior

Video & virtual tour

View 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: 151 days
Listing terms: Cash,Conventional
Electric utility on property: Yes
Road surface type: Other

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/24/2026	Price change	$635,000-5.2%
Source: BeachesMLS #B26005268 Report a problem
3/21/2026	Listed for sale	$670,000
Source: BeachesMLS #B26005268 Report a problem
5/14/2025	Listing removed	$670,000
Source: BeachesMLS #RX-11081663 Report a problem
4/15/2025	Listed for sale	$670,000-23.4%
Source: BeachesMLS #RX-11081663 Report a problem
8/29/2024	Listing removed	$875,000
Source: BeachesMLS #RX-11002903 Report a problem
7/10/2024	Listed for sale	$875,000+60.6%
Source: BeachesMLS #RX-11002903 Report a problem
8/1/2023	Sold	$545,000-8.4%
Source: BeachesMLS #R10900326 Report a problem
7/20/2023	Pending sale	$595,000
Source: BeachesMLS #RX-10900326 Report a problem
6/27/2023	Listed for sale	$595,000+116.4%
Source: BeachesMLS #RX-10900326 Report a problem
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