3825 Lakewood Road Palm Springs FL 33461

Address
3825 Lakewood Road, Palm Springs, FL
Price
$ 670,000
Property Attributes
  • MLS#B26005268
  • TypeLand
  • Listing Status Active
  • CountyPalm Beach
  • CityPalm Springs
  • Area5690
  • NeighborhoodLAKEWOOD GARDENS 1
  • Zip33461
  • Style
  • Taxes$ 9094
  • Price$ 670,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.87 Acres
Data Source:
Beaches MLS (FL)
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.

Price History
3/21/2026 Listed $670,000

General Features

Sewer Public Sewer
Utilities Electricity Available,Other,Sewer Available,Water Available
Possession Close Of Escrow,Negotiable
Development Status Other,See Remarks
Property Subtype Unimproved Land
Tax Year 2025
Current Use Mixed Use,Other,Single Family
Waterfront Features None
County Palm Beach
Property Type Land
Subdivision Name LAKEWOOD GARDENS 1
Facing Direction North
Possible Use Development,Investment,Multi-Family,Mixed Use,Other,Residential,Single Family,See Remarks
Other Structures Other
Status Active
City Palm Springs
MLS Area 5690
Lot Size Square Feet 38190
Tax Annual Amount 9094.54
Property Condition Fixer
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/3825-Lakewood-Road-Palm-Springs-FL-33461/unbranded
Standard Status Active
Property Sub Type Additional Unimproved Land
PostalCity Palm Springs
Legal Description LAKEWOOD GARDENS PL 1 WLY 146.04 FT OF TRS 15 & 16 BLK 2

Exterior Features

Fencing Fenced
Lot Features City Lot,Oversized Lot,Other
Water Source Public
Lot Dimensions 146.0 ft x 262.0 ft
Lot Size Acres 0.87
Road Surface Type Other
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33461

Price
AVG $1.46M
$670K
Taxes
AVG $8,432
$9,094

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