3825 Lakewood Road, Palm Springs, FL 33461

$583,000

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Sold Price
$583,000
List Price
$635,000
Closing Date
Oct 28, 2026
MLS#
B26005268
Status
CLOSED
Type
Commercial

Property Description

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.

Additional Information

Days on Market
195
Tax Amount
$9,094
Parcel Number
70434419110020151
Front Exposure
North
Address
3825 Lakewood Road, Palm Springs
Development Name
Lakewood Gardens 1
Development
Lakewood Gardens 1
Special Information
Handyman Special

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Listing Courtesy of Rook Realty LLC, Contact:

Selling Office: 441 Realty LLC.