3825 Lakewood Road Unit A, Palm Springs, FL 33461

$583,000
2
BD
2
BA
1,402
SqFt

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Sold Price
$583,000
List Price
$635,000
Closing Date
Oct 28, 2026
MLS#
B26005257
Bedrooms
2
Bathrooms
2
Sq. Ft
1,402
Lot Dimensions
146X262
Subtype
Single Family Residence
County
Palm Beach
Subdivision
Lakewood Gardens 1
Year Built
1940
Sewer
Public Sewer
Water
Public, Other
Pets Allowed
No Pet Restrictions, Yes

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 the build-able land & home. Measurements are approx., subject to errors, omission and changes without notice.

Additional Information

Heating
Other
Cooling
Other
Roof
Composition, Other, Shingle
Parking Spaces
1
Flooring
Other
Construction
Frame, Stucco
Elementary School
Palm Springs (Palm Beach)
Middle School
L. C. Swain
High School
John I. Leonard

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Listing courtesy of Rook Realty LLC. Contact:

Selling Office: 441 Realty LLC.