PRICED AT ONLY: $3,671,500
Address: 4138 Kirk Road, Lake Worth, FL 33461
Description
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.
Property Location and Similar Properties
Payment Calculator
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
For a Fast & FREE Mortgage Pre-Approval
Apply Now
Apply NowShare this Property
- MLS#: RX-11138487 ( MultiFamily (5+ Units) )
- Street Address: 4138 Kirk Road
- Viewed: 1
- Price: $3,671,500
- Price sqft: $0
- Waterfront: No
- Year Built: 1949
- Bldg sqft: 0
- Days On Market: 2
- Additional Information
- Geolocation: 26.6159 / -80.1049
- County: PALM BEACH
- City: Lake Worth
- Zipcode: 33461
- Subdivision: Palm Beach Farms Co 7
- Provided by: KW Reserve Business Brokerage LLC
- Contact: John A Diaz
- (844) 456-4647
- DMCA Notice
Features
Bedrooms / Bathrooms
- Num Toilets: 22
Building and Construction
- Absolute Longitude: 80.10492
- Flooring: Other
- Roof: Comp Shingle
- Sqft Source: Other
- Total Number Of Units: 11
- Total Building Sqft: 1008.00
- Type Of Building: Resident. Multi-Fam.
Property Information
- Property Desc: PALM BEACH FARMS CO
- Property Group Id: 19990816212135227274000000
Eco-Communities
- Waterfront Details: None
Utilities
- Air Conditioned: 100.00
- Cooling: None
- Fire Protect: None
- Heating: No Heat
- Num Of Stories: 2.0
- Security: None
- Utilities: Cable, Electric, Water Available
Finance and Tax Information
- Tax Year: 2024
Rental Information
- Tenant Pays: None
Other Features
- Avail Docs: None
- Avail Info: None
- Country: United States
- Legal Desc: 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
- Parcel Id: 00434430010170010
- Possession: At Closing, Funding
- Sale Includes: None
- Use: Income
- Zoning: RM
Nearby Subdivisions
Contact Info
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
