1000 W LAKEWOOD Road, West Palm Beach FL 33405
West Palm Beach, FL 33405
$1,475,000
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- Price
- $1,475,000
- Square feet
- 5,026
- Property type
- Quadruplex
- Year built
- 1926
- Lot size (sq ft)
- 13,500
- MLS number
- B26071849
This listing is courtesy of Home Sold Realty LLC, 833-700-2782.
About this property
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.
Details
- Property type
- Quadruplex
- Year built
- 1926
- Lot size (sq ft)
- 13,500
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC