1000 W LAKEWOOD Road, West Palm Beach, FL 33405
- $1,495,000
- 5,026
- SqFt
- List Price
- $1,495,000
- MLS#
- B26071849
- Sq. Ft
- 5,026
- Subtype
- Quadruplex
- County
- Palm Beach
- Subdivision
- Lakeview Ridge
- Region
- 5430
- Year Built
- 1926
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
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(s)
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
- Exterior Features
- None
- Parking Spaces
- 7
- Flooring
- Laminate
- Construction
- Frame
- Living Area
- 5,026
- Elementary School
- Palmetto (Palm Beach)
- Middle School
- Conniston Community
- High School
- Forest Hill
- Pets Allowed
- No Pet Restrictions, Yes
Listing courtesy of Home Sold Realty LLC. Contact: