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$670,000 Just Listed
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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 build-able land & home. Measurements are approx and not deemed accurate., subject to errors, omission and changes without notice. Buyer and Buyer agent/broker to verify all information. Sold as-is.
Full Property Details
Full Property Details for 3825 Lakewood Rd
General
- Price: $670,000
- Taxes: $9,094 (2025)
- Status: Active
- Type: Vacant Land
- Source: Regional
- MLS ID: B26005268
- Updated: Today (3/21/2026)
- Added to Site: Today
Location
- County: Palm Beach
- Subdivision: LAKEWOOD GARDENS 1
- Direction Faces: North
Community
- Community Name: 5690
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Other, Sewer Available, Water Available
Structural Information
- Current Bldg. Use: Mixed Use, Other, Single Family
- Property Condition: Fixer
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.87
- Lot Size (Sq. Ft.): 38,190
- Lot Dimensions: 146.0 ft x 262.0 ft
- Lot Features: City Lot, Oversized Lot, Other
- Development Status: Other, See Remarks
- Potential Use: Development, Investment, Multi-Family, Mixed Use, Other, Residential, Single Family, See Remarks
- Zoning: RM (city)
- Fencing (Description): Fenced
Water Features
- Water Front View: None
Financial Considerations
- Assessment Amount: $441,463
- Tax Amount: $9,094.54
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard, Listed As-Is
- Documents Avail.: Other
- Legal Description: LAKEWOOD GARDENS PL 1 WLY 146.04 FT OF TRS 15 & 16 BLK 2
- Property ID: 70434419110020151
Listed by Rook Realty LLC
Get Pre-Approved Today
Schools
Schools serving 3825 Lakewood Rd
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Palm Springs Elementary School, Palm Springs, FL 101 Davis Road, Palm Springs, FL 33461 | PK-5 | 0.6 mi |
John I. Leonard High School 4701 10th Avenue North, Greenacres, FL 33463 | 9-12 | 1.5 mi |
L C Swain Middle School 5332 Lake Worth Road, Greenacres, FL 33463 | 6-8 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3825 Lakewood Rd
Date
Details
Price
Change
Source
3/21/2026
Listed
$670,000
22.94%
MLS
8/01/2023
Sold
$545,000
—
Public Record
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
Tax History for 3825 Lakewood Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,097
—
$441,463
—
2024
$9,066
28%
$440,096
14%
2023
$7,097
9%
$386,929
13%
2022
$6,527
14%
$341,093
33%
2021
$5,722
—
$257,237
1%
2021
$5,722
63%
$255,280
36%
2019
$3,508
5%
$188,313
2%
2018
$3,339
—
$184,802
2%
2017
$3,323
4%
$181,001
55%
2016
$3,183
6%
$116,941
10%
2015
$3,008
13%
$106,310
10%
2014
$2,663
12%
$96,645
10%
2013
$2,369
—
$87,859
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3825 Lakewood Rd
3825 Lakewood Road, Palm Springs, FL 33461 (MLS# B26005268) is a Vacant Land property with a lot size of 0.87 acres. 3825 Lakewood Road is currently listed for $670,000 and was received on March 21, 2026. Want to learn more about 3825 Lakewood Road? Do you have questions about finding other Vacant Land real estate for sale in Palm Springs? You can browse all Palm Springs real estate or contact a Coldwell Banker agent to request more information.

