1000 W LAKEWOOD Road, West Palm Beach, FL 33405

About This Home

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 Details

Heating

Window/Wall

Cooling

Wall/Window Unit(s)

Building & Association

Stories

2

Stories Total

2

Association

No

Pets Allowed

Yes

Lot & Construction

Lot Features

1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre

Lot Size Square Feet

13,500

Waterfront

No

View

No

Construction Materials

Frame, Frame With Stucco

Roof

Comp Shingle Roof, Shingle

Exterior Features

None

New Construction

No

Public Records

Parcel Number

74434404080100360

Tax Annual Amount

$19,640

Tax Year

2,025

Zoning

SF7 (city)

County Or Parish

Palm Beach County

Location