NEW
- MLS® #: RX-11138493
- 4138 Kirk Road
- Lake Worth, FL 33461
- $700,000
- 3 Beds, 2 Bath, 1,602 SqFt
- Multi-Unit
The current NOI is $53,548 with a 7.65% CAP rate. Build 6 additional units, which will increase the total revenue to $206,500 and the NOI to $185,400, at a total cost of $1,901,500, resulting in a cap rate of 9.75%. Alternatively, you could purchase the property and convert the entire project into 11 units. 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..
Essential Information
- MLS® #RX-11138493
- Price$700,000
- Bedrooms3
- Bathrooms2.00
- Full Baths2
- Square Footage1,602
- Year Built1949
- TypeMulti-Unit
- Sub-TypeDuplex
- StyleNo
- StatusNew
Community Information
- Address4138 Kirk Road
- Area5700
- SubdivisionPALM BEACH FARMS CO 7
- CityLake Worth
- CountyPalm Beach
- StateFL
- Zip Code33461
Amenities
- Parking Spaces2
- WaterfrontNone
Utilities
3-Phase Electric, Cable, Water Available
Interior
- HeatingNo Heat
- CoolingElectric
- # of Stories1
Exterior
- Exterior FeaturesNone
- Lot Description1 to < 2 Acres
- RoofComp Shingle
- ConstructionCBS
School Information
- ElementaryPalm Springs Elementary School
- MiddleLake Worth Community Middle
- HighLake Worth High School
Additional Information
- Date ListedNovember 6th, 2025
- Days on Website6
- ZoningRM
- Office: Kw Reserve Business Brokerage Llc
Property Location
4138 Kirk Road on www.jupiterabacoahomes.us
Offered at the current list price of $700,000, this home for sale at 4138 Kirk Road features 3 bedrooms and 2 bathrooms. This real estate listing is located in PALM BEACH FARMS CO 7 of Lake Worth, FL 33461 and is approximately 1,602 square feet. 4138 Kirk Road is listed under the MLS ID of RX-11138493 and has been available through www.jupiterabacoahomes.us for the Lake Worth real estate market for 6 days.Similar Listings to 4138 Kirk Road
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© 2025 Beaches Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on November 12th, 2025 at 11:15pm CST.