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4562 &4588 Davis Road

Lake Worth, FL 33461
  • $895,000
  • STATUS: Active
  • ON SITE: 228 Days
  • ID#: RX-11024360
UPDATED: 10 min ago
$895,000
  • 0
    BEDS
  • 1.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,644
    SQFT
  • $246
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:
Area:

School Ratings & Info

Description

Prime development opportunity. Rarely available 2 lot package deal. Approximately 1.5 acres in total. Spread out over 2 separate lots conveniently situated next to each other. Currently pending site plan approval. New condos, townhouses, apartment rental complex, single family homes, this property offers endless possibilities. Zoned RM HR MULTI-FAMILY( UNINCORPORATED ). Possible Potential for 18 units plus. Centrally located only a few blocks away from busy Lake Worth Road & Melaleuca Lane. Easy access to both I-95 & FL Turnpike. A short distance to other new redevelopment, restaurants, shopping, downtown areas, beaches, hospitals, airports, schools and colleges. Perfect opportunity for any investor! Listing includes 2 parcels PCN # 00434430010720030 and PCN # 00434430010720041.

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www.kaufman-propertiesfl.com/homes/155907431
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4562 &4588 Davis Road Lake Worth, FL 33461

  • Price: $895,000
  • Status: Active
  • On Site: 228 Days
  • Updated: 10 min ago
  • ID#: RX-11024360
0
Beds
0
Baths
0
½ Baths
1.5
Acres
3,644
SQFT
$246
$/SQFT
1940
Built
Neighborhood:
Palm Beach Farms
County:
Palm Beach
Area:
Lake Worth
Property Description
Prime development opportunity. Rarely available 2 lot package deal. Approximately 1.5 acres in total. Spread out over 2 separate lots conveniently situated next to each other. Currently pending site plan approval. New condos, townhouses, apartment rental complex, single family homes, this property offers endless possibilities. Zoned RM HR MULTI-FAMILY( UNINCORPORATED ). Possible Potential for 18 units plus. Centrally located only a few blocks away from busy Lake Worth Road & Melaleuca Lane. Easy access to both I-95 & FL Turnpike. A short distance to other new redevelopment, restaurants, shopping, downtown areas, beaches, hospitals, airports, schools and colleges. Perfect opportunity for any investor! Listing includes 2 parcels PCN # 00434430010720030 and PCN # 00434430010720041.
Exterior Features

Carport Spaces 0.00 Construction CBSConcrete Exterior Features Covered PatioExtra BuildingRoom for Pool Lot Description 1 to < 2 Acres Lot Dimensions approx. 1.5 acres Private Pool YN No Roof Comp Shingle Unit1 Parking Garage - AttachedOpen Parking Unit2 Parking Open ParkingSpace Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling None Flooring Tile Heating Other Unit1 Desc Electric Meter Unit1 Full Baths 2 Unit1 Furnished No Unit1 Sq Ft 1440 Unit2 Desc Electric Meter Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 653 Unit3 Sq Ft 537 Unit4 Sq Ft 1014

Property Features

Annual Net Operating Income 0.00 Annual Total Expenses 0.00 Auction No Available Info Other Built Desc Resale Gated Community No Gross Operating Income 0.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Multifamily Type Quad Plex Possession Funding REO No Restrictions None Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Proforma Special Info HandymanPotential Tear DownSold As-IsSurvey Sq Ft Total 3644.00 Subdivision Amenities None Tax Amount 5850.00 Tax Year 2023 Taxes City/CountyCounty Only Tenant Pays None Terms Considered CashConventional Unit1 Monthly Income 0.00 Unit2 Monthly Income 0.00 Unit3 Monthly Income 0.00 Unit4 Monthly Income 0.00 Utilities ElectricPublic Water Zoning RM HR MULTI-FAM

Listing provided courtesy of Voro LLC: . Listing information © 2025 BeachesMLS
 
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Michael Kaufman Real Estate
1200 N Federal Hwy, Suite 300
Boca Raton FL, 33432