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$3,671,500
18 Days On Site
4138 Kirk RoadLake Worth, FL 33461
For Sale|Multi Family|Active
0
Beds
0
Total Baths
1949
Built
Subdivision:
PALM BEACH FARMS CO 7
County:
Palm Beach
Call Now: 1-561-540-8122
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1-561-540-8122
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The current NOI is $53,548 with a 7.65% CAP rate. Build an 11 unit Multifamily, which will increase the total revenue to $363,000 and the NOI to $354,148, at a total cost of $3,671,500, resulting in a cap rate of 10%. Discover the potential of this rare 1.25-acre parcel, zoned RM (Multi-Family, Medium Density) and located in an unincorporated area. The site may accommodate up to 11 residential units--a prime opportunity for developers or investors seeking a strong growth prospect. Enjoy a strategic location just minutes from I-95, the Florida Turnpike, and a variety of shopping, dining, schools, and employment hubs.
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Listing Snapshot
Price
$3,671,500
Days On Site
18 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.25 Acres
Year Built
1949
MLS® Number
R11138487
Status
Active
Property Tax
$5,270
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 weeks ago | Listing first seen on site | |
| 3 weeks ago | Listing updated with changes from the MLS® |
General Features
Acres
1.25
Levels
Two
Property Sub Type
Multi Family
Utilities
Cable AvailableElectricity AvailableWater Available
Zoning
RM
Interior Features
Flooring
Other
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Exterior Features
Roof
CompositionShingle
Community Features
Financing Terms Available
CashConventionalFHA
MLS Area
5700
Listing courtesy of KW Reserve Business Brokerage LLC
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2025 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2025-11-24 09:43 PM UTC
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2025 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2025-11-24 09:43 PM UTC
Neighborhood & Commute
Source: Walkscore
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READY TO MAKE AN OFFER?
JUST CLICK: START AN OFFER
OR CALL REAL ESTATE BROKER
ALICE LONNQVIST
PHONE: 1-561-540-8122
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