1000 W Lakewood Road, West Palm Beach, FL 33405
- $1,495,000
- 5,026
- SqFt
- List Price
- $1,495,000
- Days on Market
- 16
- MLS#
- B26071849
- Year Built
- 1926
- Living Area
- 5,026
- Lot Size
- 13,500
- Acres
- 0.31
Property Description
Excellent opportunity to acquire Lakewood Flats, a 7-unit multifamily property located at 1000 W Lakewood Road in West Palm Beach. The property consists of 4 buildings totaling 5,026 gross square feet on a 0.31-acre lot. Built between 1926 and 1940, the property features wood-frame construction, pitched composite shingle roofs, and central air conditioning. The desirable unit mix consists of four 2-bedroom/1-bathroom units, one 2-bedroom/2-bathroom unit, and two 3-bedroom/1-bathroom units, providing larger floorplans that appeal to a broad tenant base. Conveniently located near Southern Boulevard, Dixie Highway, and I-95, with easy access to Downtown West Palm Beach, Palm Beach Island, Palm Beach International Airport, Palm Beach Atlantic University, and major employment centers. Lakewood Flats offers investors a boutique, low-density multifamily asset with a strong unit mix in the growing West Palm Beach rental market.
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Additional Information
- Taxes
- $19,640
- Community Features
- Lakeview Ridge
- Property Description
- Fourplex
- Zoning
- SF7 (city)
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Sewer Available, Water Available
- Heating
- Window/Wall
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Frame, Frame With Stucco
- Roof
- Comp Shingle Roof, Shingle
- Elementary School
- Palm Beach Public
- Middle School
- Conniston
- High School
- Forest Hill Community
Listing Courtesy Of Home Sold Realty LLC, Contact: