BEDS0
BATHS
SQUARE FEET5,026
MLS#B26071849
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONLAKEVIEW RIDGE
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Window/Wall
Lot Size: 0.31 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $19,640
Year Built: 1926
Amenities
None
Feature Descriptions
Days on Site: 5
Exterior: Frame
Flooring: Laminate
Parcel#: 74434404080100360
Pets Allowed: Yes, No Restrictions
Restrictions: No Restrictions
Sewer: Public Sewer
SQFT Living: 5026
Units: 4
Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
Water: Public
Windows: Blinds
Local Schools
High School: Forest Hill
Middle School: Conniston Community
Elementary School: Palmetto (Palm Beach)
Listed By / Shown By
Listed By
Agency Name: Home Sold Realty LLC
Agency Phone: 833-700-2782
Shown By
Agency Title: The Zwart Team - Continental Properties, Inc.
Agency Phone: (561) 906-1263
Estimate Your Payment
Estimated Payment
$ 5,399.93 per month $3,327.22 Principal & Interest $1,636.67 Property Tax $436.04 Homeowner's Insurance
1000 W Lakewood Road | MLS# B26071849
This multi-family property located at 1000 W Lakewood Road, West Palm Beach, FL 33405 is currently listed for sale with an asking price of $1,495,000. Search West Palm Beach real estate on www.thezwartteam.com today.