Property Attributes
- MLS#B26005257
- TypeSingle Family
- Listing Status Active
- CountyPalm Beach
- CityPalm Springs
- Area5690
- NeighborhoodLAKEWOOD GARDENS 1
- Zip33461
- Style
- Year Built1940
- Taxes$ 9094
- Price$ 635,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1402
- Lot Size0.88 Acres
Data Source:
Beaches MLS (FL)
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Palm Springs (Palm Beach) Elementary School | L. C. Swain Middle School | John I. Leonard High School |
| Price History | |
|---|---|
| 3/21/2026 | Listed $670,000 |
| 7/24/2026 | 5$635,000 |
General Features
| Membership Required | false |
|---|---|
| Sewer | Public Sewer |
| Heating | Other |
| Cooling | Other |
| Utilities | Cable Available,Other,Water Available |
| Possession | Close Of Escrow,Negotiable |
| Roof | Composition,Other,Shingle |
| Architectural Style | Traditional |
| Security Features | None |
| Construction Materials | Frame,Stucco |
| Pets Allowed | No Pet Restrictions,Yes |
| Year Built | 1940 |
| Electric | 3 Phase |
| View | Other |
| Stories Count | 1 |
| Levels | Multi/Split,One |
| Unit Number | A |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Waterfront Features | None |
| Accessibility | None |
| County | Palm Beach |
| New Construction | false |
| Property Type | Residential |
| Subdivision Name | LAKEWOOD GARDENS 1 |
| Facing Direction | North |
| Garage Y/N | false |
| Other Structures | Other,Shed(s) |
| Total Rooms | 14 |
| Full Baths | 2 |
| Status | Active |
| High School | John I. Leonard |
| City | Palm Springs |
| Senior Community Y/N | false |
| MLS Area | 5690 |
| Carport Y/N | false |
| Elementary School | Palm Springs (Palm Beach) |
| Land Lease Y/N | false |
| Tax Annual Amount | 9094.54 |
| Middle/Junior High School | L. C. Swain |
| Property Condition | Resale |
| Virtual Tour | https://www.propertypanorama.com/3825-Lakewood-Road-A-Palm-Springs-FL-33461/unbranded |
| Standard Status | Active |
| Property Sub Type Additional | Single Family Residence |
| PostalCity | Palm Springs |
| Legal Description | LAKEWOOD GARDENS PL 1 WLY 146.04 FT OF TRS 15 & 16 BLK 2 |
Interior Features
| Interior Amenities | Main Level Primary,Other,Tub Shower |
|---|---|
| Flooring | Other |
| Furnished Y/N | Unfurnished |
| Total Stories | 1 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Laundry Features | Other |
| Total Bedrooms | 2 |
| Main Level Bedrooms | 2 |
| Main Level Bathrooms | 2 |
| Total Baths | 2 |
Exterior Features
| Fencing | Fenced |
|---|---|
| Parking Features | Open |
| Lot Features | Fruit Trees |
| Water Source | Public,Other |
| Total Parking | 1 |
| Lot Size Area | 38190 |
| Spa | false |
| Building Area Total | 1844 |
| Lot Dimensions | 146X262 |
| Lot Size Acres | 0.88 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating