Lake Worth, FL 33461,4138 Kirk RD
Lake Worth, FL 33461,4138 Kirk RD
Lake Worth, FL 33461,4138 Kirk RD
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Listed by KW Reserve Business Brokerage LLC
$690,000
Est. payment /mo
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3 Beds
2 Baths
1,008 SqFt
Pending

4138 Kirk RD Lake Worth, FL 33461

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Dylan Snyder

Dylan Snyder

Compass

+1(561) 951-9301

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,008 sqft

Price per Sqft $684

Subdivision Palm Beach Farms Co 7

MLS Listing ID RX-11138493

Bedrooms 3

Full Baths 2

Construction Status Resale

HOA Y/N No

Year Built 1949

Annual Tax Amount $5,269

Tax Year 2024

Lot Size 1.250 Acres

Property Sub-Type Duplex

Short Sale No

Sub Type Duplex

Property Description

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..

Location

State FL

County Palm Beach

Area 5700

Zoning RM

Zoning RM

Interior

Heating No Heat

Cooling Electric

Flooring Carpet

Exterior

Exterior Feature None

Utilities Available Cable, Electric, Public Sewer, Public Water

Amenities Available None

Waterfront Description None

Roof Type Comp Shingle

Private Pool No

Roof Comp Shingle

Construction CBS

Building

Lot Description 1 to < 2 Acres

Story 1.0

Foundation CBS

Construction Status Resale

Schools

Elementary Schools Palm Springs Elementary School

Middle Schools Lake Worth Community Middle

High Schools Lake Worth High School

Others

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Virtual Tour https://www.propertypanorama.com/4138-Kirk-Road-Lake-Worth-FL-33461--RX-11138493/unbranded

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 6

    Heritage Elementary School

    Public | KG - 5

  • 6

    Montessori Academyof Early Enrichment, Inc

    Public | PK - 6

  • 6

    Greenacres Elementary School

    Public | PK - 5

  • 6

    Forest Hill Elementary School

    Public | PK - 5

  • 5

    Starlight Cove Elementary School

    Public | PK - 5

  • 5

    Indian Pines Elementary School

    Public | PK - 5

  • 5

    Diamond View Elementary School

    Public | KG - 5

  • 5

    Jfk Medical Center Charter School

    Public | KG - 5

  • 5

    John I. Leonard High School

    Public | PK - 12

  • 5

    C. O. Taylor-Kirklane Elementary School

    Public | KG - 5

  • 4

    Highland Elementary School

    Public | PK - 5

  • 3

    Lantana Elementary School

    Public | PK - 5

  • 3

    Palm Springs Elementary School

    Public | KG - 5

  • 1

    Royal Palm School

    Public | PK - 12

  • 1

    Barton Elementary School

    Public | PK - 5

  • 0

    Suncoast Christian Academy

    Private | KG - 5

  • 0

    Kentwood Preparatory School

    Private | 1 - 12

  • 0

    Northern Private School

    Private | PK - 2

  • 0

    Potentia Academy

    Private | 5 - 12

  • 0

    Hope Learning Community of Riviera Beach

    Public | KG - 5

Middle Schools 8
  • 5

    Tradewinds Middle School

    Public | 6 - 8

  • 5

    L C Swain Middle School

    Public | 6 - 8

  • 4

    Lantana Middle School

    Public | 6 - 8

  • 4

    Palm Springs Middle School

    Public | 6 - 8

  • 1

    Lake Worth Middle School

    Public | 6 - 8

  • 0

    South Area Secondary Intensive Transition Program

    Public | 6 - 12

  • 0

    Exceptional Student Program Pre-K

    Public | 6 - 12

  • 0

    Pace Center for Girls

    Public | 6 - 12

High Schools 6
  • 6

    G-Star School of the Arts

    Public | 9 - 12

  • 4

    Santaluces Community High School

    Public | 9 - 12

  • 4

    Forest Hill Community High School

    Public | 9 - 12

  • 2

    Lake Worth High School

    Public | 9 - 12

  • 0

    Mavericks High School at Palm Springs

    Public | 9 - 12

  • 0

    Goliath Academy

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Dylan Snyder

Dylan Snyder

Agent | SLSL698137

+1(561) 951-9301

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4138 Kirk RD

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