4138 Kirk Road Lake Worth, FL $ 3,671,500
4138 Kirk Road
$ 3,671,500
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4138 Kirk Road

Lake Worth, FL, 33461
$ 3,671,500
Bedrooms-- Baths22.0 Sq 1,008

Monthly Estimate*

$ 22,905

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Commercial Property for sale in Lake Worth, FL

for $3,671,500 with 22 full baths. This 1,008 square foot building was built in 1949.

The current NOI is $53,548 with a 7.65% CAP rate. Build an 11 unit Multifamily, which will increase the total revenue to $363,000 and the NOI to $354,148, at a total cost of $3,671,500, resulting in a cap rate of 10%. 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.

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Commercial Active

Price

$ 3,671,500

Full Bath

22

Property Type

Commercial

Taxes

$ 5,269

Style

Income

Year Built

1949

Town/City

Lake Worth

County/Region

Palm Beach

MLS | Web ID

RX11138487

Features
General
Heating No Heat
Cooling None
Utilities Cable Electric Water Available
Possession At Closing Funding
Roof Comp Shingle
Zoning RM
Security None
Status Active
Year Built 1949
Subdivision PALM BEACH FARMS CO 7
Stories Count 2.0
Type MultiFamily (5+ Units)
Property Type E
Area 5700
Auction No
Tax Year 2024
Terms Considered Cash Conventional FHA
Use Income
Virtual Tour https://www.propertypanorama.com/4138-Kirk-Road-Lake-Worth-FL-33461--RX-11138487/unbranded
Geo Area PB17
Legal Description PALM BEACH FARMS CO PL 7 LT A (LESS N 15 FT L-12 CNL R/W) & N 56.86 FT OF LT B BLK 17
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Exterior
Waterfront No None
Lot Size 1.25
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Interior
Flooring Other
Total Number of Units 11
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Internal Only
OriginalMLSID RX-11138487
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* Excluded Features
List By
John A Diaz

Listing Agent

Kw Reserve Business Brokerage Llc

Broker

johndiazgroup@gmail.com

Email

Affordability Calculator

$23,344
Per Month
98%
2%
0%
Monthly Principal & Interest
$22,905
Monthly Property Taxes
$439
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
368239 Elementary School
368240 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2025$3,671,500 Listed Price

Map


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4138 Kirk Road, Lake Worth, FL, 33461 is a Commercial Property for sale at $3,671,500 with 1,008 sqft. 4138 Kirk Road has 22.0 baths and was built in 1949. The property's zip code is 33461 which is in Lake Worth, FL