4138 Kirk Road, Lake Worth, FL 33461

Status: Active

1949

YEAR BUILT

$3,671,500

LISTING PRICE

MultiFamily (5+ Units)

TYPE

MLS#: RX-11138487

Type of Building: Resident. Multi-Fam.


For More Information Call:

561-283-4663

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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This listing is courtesy of KW Reserve Business Brokerage LLC. Real Estate and Luxury homes in Boca Raton, Delray Beach, Deerfield Beach, Juno Beach, 0 Lake Worth, Palm Beach Gardens, West Palm Beach and surrounding areas in Palm Beach County and South Florida. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.

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  • Acres1.25 acres
  • Available DocumentsNone
  • Available InformationNone
  • CityLake Worth
  • CoolingNone
  • CountyPalm Beach
  • DirectionsLake Worth Road to Kirk Road go South to property on left.
  • Fire ProtectionNone
  • FlooringOther
  • For LeaseNo
  • For SaleYes
  • HeatingNo Heat
  • LeaseNone
  • Legal DescriptionPALM 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
  • List Price$3,671,500
  • List Price/SqFt$3,642.36 / sqft
  • Listing DateThursday, November 6th, 2025
  • Listing IDRX-11138487
  • Listing Price$3,671,500
  • Listing StatusActive
  • Number of Stories2
  • Number of Toilets22
  • Percent Air Conditioned100%
  • PossessionAt Closing and Funding
  • Property DescriptionPALM BEACH FARMS CO
  • Property TypeCommercial
  • Real Estate Taxes$5,269.83
  • RoofComp Shingle
  • Sale IncludesNone
  • SecurityNone
  • SqFt SourceOther
  • State/ProvinceFL
  • StatusActive
  • Status Change DateThursday, November 6th, 2025
  • Street NameKirk
  • SubdivisionPalm Beach Farms Co 7
  • Tax Year2024
  • Tenant PaysNone
  • Terms ConsideredCash, Conventional and FHA
  • Total Building SqFt1,008 sqft
  • Total Units in Building11
  • TypeMultiFamily (5+ Units)
  • Type of BuildingResident. Multi-Fam.
  • Unit 1: Full Baths2
  • Unit 1: Unit Description3 Bedroom
  • Unit 2: Full Baths2
  • Unit 2: Unit Description3 Bedroom
  • Unit 3: Full Baths2
  • Unit 3: Unit Description3 Bedroom
  • Unit 4: Full Baths2
  • Unit 4: Unit Description3 Bedroom
  • Unit 5: Full Baths2
  • Unit 5: Unit Description3 Bedroom
  • Unit 6: Full Baths2
  • Unit 6: Unit Description3 Bedroom
  • Unit 7: Full Baths2
  • Unit 7: Unit Description3 Bedroom
  • Unit 8: Full Baths2
  • Unit 8: Unit Description3 Bedroom
  • UtilitiesCable, Electric and Water Available
  • WaterfrontNo
  • Waterfront DetailsNone
  • Year Built1949
  • Zip Code33461
  • ZoningRM

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