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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
Status: CLOSED
County: Palm Beach
City: Palm Springs
Subdivision: Lakewood Gardens 1
Bedrooms: 2
Bathrooms: 2
Living Area: 1,402

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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.

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Additional Information

Days on Market: 193
Year Built: 1940
Style: Traditional
Stories: 1
Interior Features: Primary Downstairs, Tub Shower
Cooling: Other
Heating: Other
Exterior Features: Fence
Roof: Composition, Other, Shingle
Middle School: L C Swain
High School: John I. Leonard