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.
Listing Provided Courtesy of Rook Realty LLC at 561-699-8720
Property Details
Price:
$635,000
MLS #:
B26005268
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Unimproved Land
Subdivision:
LAKEWOOD GARDENS 1
Neighborhood:
5690
Listed Date:
Mar 21, 2026
Lot Size:
38,190 sqft / 0.87 acres (approx)
See this Listing
Schools
Interior
Exterior
Direction Faces
North
Fencing
Fenced
Lot Features
Oversized Lot, Home
Other Structures
Other
Waterfront Features
None
Financial
Tax Year
2025
Taxes
$9,095
Map
Community
- Address3825 Lakewood Road Palm Springs FL
- SubdivisionLAKEWOOD GARDENS 1
- CityPalm Springs
- CountyPalm Beach
- Zip Code33461
Subdivisions in Palm Springs
Market Summary
Current real estate data for Single Family in Palm Springs as of Jul 26, 2026
38
Single Family Listed
77
Avg DOM
339
Avg $ / SqFt
$670,720
Avg List Price
Property Summary
- Located in the LAKEWOOD GARDENS 1 subdivision, 3825 Lakewood Road Palm Springs FL is a Single Family for sale in Palm Springs, FL, 33461. It is listed for $635,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Palm Springs is $339. The average listing price for Single Family in Palm Springs is $670,720.
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