3825 Lakewood Road A

Palm Springs, FL
$ 635,000 Beds 2 Baths 2 Sq 1,402 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 635,000
  • City
  • Palm Springs
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • Palm Beach
  • Half Bathrooms
  • 0
  • Area
  • 5690
  • Lot Size
  • 0.88 Acres
  • Zip
  • 33461
  • Sqr Footage
  • 1,402
  • Year Built
  • 1940
  • Taxes
  • $ 9094
  • Style
  • MLS#
  • B26005257
Listed By: Rook Realty LLC
Data Source: Beaches MLS (FL)

Features

General

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)
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
MLS Area Minor PB19
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

Private Pool false
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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Stuart, FL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Palm Springs (Palm Beach) Elementary School
Middle School L. C. Swain Middle School
High School John I. Leonard High School

Price History

3/21/2026 Listed $670,000
7/24/2026 5% - $635,000

Property vs Zip Code Average in 33461

Price
AVG $380K
$640K
Taxes
AVG $3,658
$9,094
Year Built
AVG 1964
1940

3825 Lakewood Road A Palm Springs, FL is a Single Family Home for sale at $635000 with 1402 sqft and a lot size of 0.88 Acres Acre(s). 3825 Lakewood Road A Palm Springs has 2 bedrooms, 2 baths and was built in 1940. The property's zip code is 33461 which is in Palm Springs, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.