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$3,671,500
104 Days On Site
4138 Kirk RoadLake Worth, FL
For Sale|Multi Family|Pending
0
Beds
22
Total Baths
1,008
SqFt
$3,642
/SqFt
1949
Built
County:
Palm Beach
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The current NOI is $53,548 with a 7.65% CAP rate. 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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Listing Snapshot
Price
$3,671,500
Days On Site
104 Days
Bedrooms
N/A
Inside Area (SqFt)
1,008 sqft
Total Baths
22
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.25 Acres
Year Built
1949
MLS® Number
R11138487
Status
Pending
Property Tax
$5,269.83
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Other
Friends & Family
Recent Activity
| 3 weeks ago | Listing updated with changes from the MLS® | |
| a month ago | Status changed to Pending | |
| 3 months ago | Listing first seen on site |
General Features
Acres
1.25
Levels
Two
Property Sub Type
Multi Family
SqFt Total
1008
Utilities
Cable AvailableWater Available
Zoning
RM
Interior Features
Flooring
Other
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Exterior Features
Roof
Composition
Community Features
Financing Terms Available
CashConventionalFHA
MLS Area
5700
Listing courtesy of KW Reserve Business Brokerage LLC
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2026-02-19 09:43 AM UTC
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2026-02-19 09:43 AM UTC
Neighborhood & Commute
Source: Walkscore
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