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$690,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • Updated 9 days ago
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The current NOI is $53,548 with a 7.65% CAP rate. Build 6 additional units, which will increase the total revenue to $206,500 and the NOI to $185,400, at a total cost of $1,901,500, resulting in a cap rate of 9.75%. Alternatively, you could purchase the property and convert the entire project into 11 units. 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..

Full Property Details for 4138 Kirk Rd

General

  • Price: $690,000
  • Taxes: $5,270 (2024)
  • Status: Pending
  • Type: Multi-Family
  • Source: Regional
  • MLS ID: RX-11138493
  • Updated: 1/8/2026
  • Added to Site: 75 day(s) ago

Interior

  • Flooring: Carpet

Exterior

  • Exterior Features: None

Parking

  • Carport Spaces: 2

Location

  • Area: 5700
  • County: Palm Beach
  • Subdivision: Palm Beach Farms Co 7
  • Driving Directions: PALM BEACH FARMS CO PL 7 LT A (LESS N 15 FT L-12 CNL R/W) & N 56.86 FT OF LT B BLK 17

School Information

  • Elementary School: Palm Springs Elementary School
  • Middle School: Lake Worth Community Middle

Community

  • Community Features: None
  • Home Owners Assn.: None

Heating & Cooling

  • Cooling Type: Electric
  • Heating Type: No Heat

Utilities

  • Utility Description: Cable, Electric, Water Available
  • Sep. Water Meters: Yes
  • Sep. Elec Meters: Yes

Structural Information

  • Architectural Style: Duplex/Triplex/Quad
  • Description/Design: Duplex
  • Construction: CBS
  • Roof: Composition Shingles
  • Stories in Building: 1
  • Square Feet: 1,008
  • Sq. Ft. Source: Tax Rolls
  • Year Built: 1949

Unit Information

Unit 1

  • Unit Description: A/C Unit
  • Square Feet: 1602
  • Bedrooms: 2
  • Parking: Space Parking

Unit 2

  • Unit Description: A/C Unit
  • Square Feet: 1008
  • Bedrooms: 1
  • Parking: Space Parking

Lot Features

  • Lot Size (Sq. Ft.): 54,450
  • Zoning: RM

Water Features

  • Water Front Desc.: None

Financial Considerations

  • Price Per Sq. Ft.: $684.52
  • Tax Amount: $5,270
  • Tax Year: 2024
  • Terms: Cash, Conventional, FHA
  • Tenant Pays: Cable, Electric, Gas, Water

Disclosures and Reports

  • Legal Description: PALM BEACH FARMS CO PL 7 LT A (LESS N 15 FT L-12 CNL R/W) & N 56.86 FT OF LT B BLK 17
  • Restrictions: None
  • APN: 434430010170010

Listed by KW Reserve Business Brokerage LLC

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Listing agent

— 4138 Kirk Rd —

  • KW Reserve Business Brokerage LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4138 Kirk Rd

School District:Palm Beach County School District
NameGradesDistance
Palm Springs Elementary School, Palm Springs, FL
101 Davis Road, Palm Springs, FL 33461
PK-51.1 mi
Lake Worth High School
1701 Lake Worth Rd, Lake Worth Beach, FL 33460
9-122.4 mi
Lake Worth Community Middle School
1300 Barnett Dr, Lake Worth Beach, FL 33461
6-82.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4138 Kirk Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/17/2025
Price Reduced
$690,000
-1.43%
MLS
11/03/2025
Listed
$700,000
366.67%
MLS
5/14/2015
Sold
$150,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4138 Kirk Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,852
11%
$355,540
15%
2024
$5,270
7%
$307,932
8%
2023
$4,910
20%
$286,281
43%
2021
$4,080
-11%
$200,795
-21%
2022
$4,564
12%
$252,641
26%
2021
$4,080
-2%
$200,810
—
2019
$4,145
4%
$200,810
8%
2018
$3,995
14%
$185,903
10%
2017
$3,499
9%
$169,003
10%
2016
$3,208
100%
$153,639
94%
2015
$1,604
39%
$79,350
6%
2014
$1,153
9%
$75,152
6%
2013
$1,056
—
$71,066
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by KW Reserve Business Brokerage LLC

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4138 Kirk Road, Lake Worth, FL 33461 (MLS# RX-11138493) is a Multi-Family property with 0 units containing 0 bedrooms and 0 full bathrooms. 4138 Kirk Road is currently listed for $690,000 and was received on November 03, 2025. Want to learn more about 4138 Kirk Road? Do you have questions about finding other Multi-Family real estate for sale in Lake Worth? You can browse all Lake Worth real estate or contact a Coldwell Banker agent to request more information.

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