3825 Lakewood Road, Palm Springs, FL 33461

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Sold Price
$583,000
List Price
$635,000
Closing Date
Oct 28, 2026
MLS#
B26005268
Status
CLOSED
County
Palm Beach
City
Palm Springs
Subdivision
Lakewood Gardens 1

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
193
Exterior Features
Fence

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Listing courtesy of Rook Realty LLC. Contact:

Selling Office: 441 Realty LLC.