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3825 Lakewood Road, Palm Springs FL 33461

Commercial For Sale
$635,000

BTC: 9.88326848

ETH: 333.74679393

-$35K (2026/07/24)
133 days
0 room(s)

Overview

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.

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.87 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$635,000
$286K – $5.2M
Confidence Low
List vs. estimate
At estimate
List $635,000 · +0.0%
List is in line with recent comparable activity.
Based on
15 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $372K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,094
2025
All facts and features
  • Lot

    • Lot: 0.87 Acres

    Other Property Information

    • Parcel Number: 70434419110020151

    • Zoning: RM (city)

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Agriculture

  • Utility

    • Electricity Connected

    • Other Utilities Available

    • Sewer Connected

    • Water Connected

    • Electricity Available

    • Other

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $9,094

  • Source details

    • MLS ID: B26005268

    Other facts

    • Lot Features: City Location / Other Location / 1/2 To Less Than 3/4 Acre Lot / Less Than 1 Acre / Oversized Lot / Home / Fenced

    • Direction Faces: North

    • Other Structures: Other Bldg Incl

    • Water Source: Public

    • Subdivision Name: LAKEWOOD GARDENS 1

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Rook Realty LLC