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.
For sale
$670,000
3825 Lakewood Road #A, Palm Springs, FL 33461
2beds
1,402sqft
Est.:
Single Family Residence
Built in 1940
0.88 Acres Lot
$-- Zestimate®
$478/sqft
$-- HOA
What's special
- 16 days |
- 177 |
- 13 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 26, 2026 at 02:53pm
Listed by:
Devin J Hill 561-634-0647,
Rook Realty LLC
Source: BeachesMLS,MLS#: B26005257
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: First
- Area: 204
- Dimensions: 12 X 17
Bedroom 2
- Level: First
- Area: 132
- Dimensions: 12 X 11
Bedroom 3
- Level: First
- Area: 168
- Dimensions: 12 X 14
Bedroom 4
- Level: First
- Area: 143
- Dimensions: 11 X 13
Dining room
- Level: First
- Area: 144
- Dimensions: 12 X 12
Dining room
- Area: 99
- Dimensions: 11 X 9
Great room
- Level: First
- Area: 234
- Dimensions: 26 X 9
Kitchen
- Level: First
- Area: 132
- Dimensions: 12 X 11
Living room
- Level: First
- Area: 216
- Dimensions: 18 X 12
Heating
- Other
Cooling
- Other
Appliances
- Laundry: Other
Features
- Main Level Primary, Other, Tub Shower
- Flooring: Other
- Has fireplace: No
Interior area
- Total structure area: 1,844
- Total interior livable area: 1,402 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split,One
- Stories: 1
- Fencing: Fenced
- Has view: Yes
- View description: Other
- Waterfront features: None
Lot
- Size: 0.88 Acres
- Dimensions: 146 x 262
- Features: Fruit Trees
Details
- Additional structures: Other, Shed(s)
- Parcel number: 70434419110020151
- Zoning: RM (city)
- Special conditions: Standard,Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Roof: Composition,Other,Shingle
Condition
- Resale
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: 3 Phase
- Sewer: Public Sewer
- Water: Public, Other
- Utilities for property: Cable Available, Other, Water Available
Community & HOA
Community
- Security: None
- Subdivision: LAKEWOOD GARDENS 1
HOA
- Has HOA: No
Location
- Region: Palm Springs
Financial & listing details
- Price per square foot: $478/sqft
- Tax assessed value: $441,463
- Annual tax amount: $9,094
- Date on market: 3/21/2026
- Cumulative days on market: 17 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/21/2026 | Listed for sale | $670,000+22.9%$478/sqft |
Source:  BeachesMLS #B26005257 Report a problem | ||
| 8/7/2023 | Sold | $545,000+118%$389/sqft |
Source: Public Record Report a problem | ||
| 2/15/2019 | Sold | $250,000-7.4%$178/sqft |
Source: BeachesMLS #R10483520 Report a problem | ||
| 12/27/2018 | Listed for sale | $269,900$193/sqft |
Source: RE/MAX Prestige Realty #RX-10483516 Report a problem | ||
| 12/27/2018 | Pending sale | $269,900$193/sqft |
Source: RE/MAX Prestige Realty #RX-10483516 Report a problem | ||
| 11/26/2018 | Listed for sale | $269,900+246%$193/sqft |
Source: RE/MAX Prestige Realty #RX-10483520 Report a problem | ||
| 11/18/2011 | Sold | $78,000-2.4%$56/sqft |
Source: Public Record Report a problem | ||
| 8/19/2011 | Price change | $79,900-9.1%$57/sqft |
Source: Coldwell Banker Residential Real Estate - Boca Downtown #R3207483 Report a problem | ||
| 7/26/2011 | Price change | $87,900-2.2%$63/sqft |
Source: Coldwell Banker Residential Real Estate - Boca Downtown #R3207483 Report a problem | ||
| 7/21/2011 | Price change | $89,900+1%$64/sqft |
Source: Coldwell Banker Residential Real Estate - Boca Downtown #R3207483 Report a problem | ||
| 5/26/2011 | Price change | $89,000-10.1%$63/sqft |
Source: Continental Properties Inc #R3184546 Report a problem | ||
| 4/22/2011 | Price change | $99,000-9.2%$71/sqft |
Source: Continental Properties Inc #R3184546 Report a problem | ||
| 4/14/2011 | Price change | $109,000-12.8%$78/sqft |
Source: Continental Properties Inc #R3184546 Report a problem | ||
| 3/25/2011 | Listed for sale | $125,000+88.3%$89/sqft |
Source: Continental Properties Inc #R3184546 Report a problem | ||
| 2/14/2011 | Sold | $66,400-77.9%$47/sqft |
Source: Public Record Report a problem | ||
| 6/9/2006 | Sold | $300,000+5163.2%$214/sqft |
Source: Public Record Report a problem | ||
| 10/6/1998 | Sold | $5,700$4/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,066 +27.7% | $440,096 +41.4% |
| 2023 | $7,097 +8.7% | $311,257 +10% |
| 2022 | $6,527 +14.1% | $282,961 +10% |
| 2021 | $5,722 0% | $257,237 +0.8% |
| 2020 | $5,723 +63.1% | $255,280 +35.6% |
| 2019 | $3,508 | $188,313 +1.9% |
| 2018 | $3,508 +5.1% | $184,802 +2.1% |
| 2017 | $3,339 +0.5% | $181,001 +54.8% |
| 2016 | $3,323 +4.4% | $116,941 +10% |
| 2015 | $3,183 +5.8% | $106,310 +10% |
| 2014 | $3,008 +26.9% | $96,645 +10% |
| 2013 | $2,369 -8.5% | $87,859 -8.8% |
| 2012 | $2,591 -19% | $96,351 -20.6% |
| 2011 | $3,198 -1.4% | $121,282 -1.2% |
| 2010 | $3,244 -4.8% | $122,719 -9% |
| 2009 | $3,408 -6.3% | $134,844 -27.8% |
| 2008 | $3,636 -14.2% | $186,694 -17.4% |
| 2007 | $4,240 +466.4% | $226,049 +352.6% |
| 2006 | $748 | $49,948 +3% |
| 2005 | -- | $48,493 +3% |
| 2004 | $229 +6.5% | $47,081 +1.9% |
| 2003 | $215 -65.2% | $46,203 +2.4% |
| 2002 | $619 | $45,120 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,200/mo
Principal & interest
$3229
Property taxes
$971
More affordability tools
Climate risks
Neighborhood: Lake Worth Corridor
Nearby schools
GreatSchools rating
- 2/10Palm Springs Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10L C Swain Middle SchoolGrades: 6-8Distance: 1.9 mi
- 3/10John I. Leonard High SchoolGrades: PK,9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Palm Springs (Palm Beach)
- Middle: L. C. Swain
- High: John I. Leonard
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 33461
- Florida
- Palm Beach County
- Lake Worth Beach
- 33461
- Lake Worth Corridor
- 3825 Lakewood Road Unit A
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