LAKEWOOD GARDENS 1
3825 Lakewood Road # A, Palm Springs FL 33461
2 beds · 2 baths · 1,402 ft²
2
Bedrooms
2
Bathrooms
1,402
Sq. Ft.
1940
Year Built
1
Stories
173
Days on Market
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.
Facts
- MLS#
- B26005257
- Subdivision
- LAKEWOOD GARDENS 1
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 38,333 ft²
- Sq. Ft.
- 1,402 ft²
- Sq. Mt.
- 130 m²
- Price per sq. ft.
- $453/ft²
- Price per sq. mt.
- $4,885/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 173 days
- Listed
- Mar 20, 2026
- Last Updated
- Sep 9, 2026
- Price/Lot Sq.Ft.
- $17/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
$639,000
3 bd · 2 ba · 1,754 sqft
1408 Cochran Drive, FL 33461
$640,000
3 bd · 2 ba · 1,516 sqft
1610 Crest Drive, Lake Worth FL 33461
$625,000
3 bd · 2 ba · 1,404 sqft
707 Sunset Drive, FL 33461
$648,000
3 bd · 2 ba · 1,421 sqft
124 Davis Road, Palm Springs FL 33461
$730,000
2 bd · 2 ba · 1,313 sqft
4475 Kirk Rd, Lake Worth FL 33461
$597,500
3 bd · 3 ba · 2,022 sqft
2101 Collier Avenue, FL 33461
$595,000
3 bd · 2 ba · 1,152 sqft
3180 Carol Ave, Palm Springs FL 33461
$580,000
3 bd · 2 ba · 1,672 sqft
18 Andros Road, Palm Springs FL 33461
Market insights for Palm Springs
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
September 2026
14
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 7/24/2026 | Price change | $635,000-5.2% |
| 3/20/2026 | Listed for sale | $670,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$4,059/mo
Principal & Interest
$3,380
Property Tax
$529
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
Similar listings nearby
More homes in Palm Springs around $635,000.
3830 DAVIS Road, Palm Springs FL 33461
3239 DOLAN Road, Palm Springs FL 33406
18 Andros Road, Palm Springs FL 33461
153 Abaco Drive, Palm Springs FL 33461
324 Mid Pines Road, Palm Springs FL 33461
3335 10th Avenue N, Palm Springs FL 33461