About 1000 W Lakewood Road
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.
Features of 1000 W Lakewood Road
| MLS® # | B26071849 |
|---|---|
| Price | $1,495,000 |
| Square Footage | 5,026 |
| Acres | 0.31 |
| Year Built | 1926 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | New |
Community Information
| Address | 1000 W Lakewood Road |
|---|---|
| Area | 5430 |
| Subdivision | LAKEVIEW RIDGE |
| City | West Palm Beach |
| County | Palm Beach |
| State | FL |
| Zip Code | 33405 |
Amenities
| Utilities | Cable Available, Electricity Available, Sewer Available, Water Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Window/Wall |
|---|---|
| Cooling | Wall/Window Unit(s) |
| # of Stories | 2 |
Exterior
| Exterior Features | None |
|---|---|
| Windows | Blinds |
| Roof | Shingle |
| Construction | Frame |
School Information
| Elementary | Palmetto (Palm Beach) |
|---|---|
| Middle | Conniston Community |
| High | Forest Hill |
Additional Information
| Zoning | SF7 (city) |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Home Sold Realty LLC |
|---|