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4138 Kirk Road Lake Worth, FL $ 690,000
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$ 690,000 Get more info
4138 Kirk Road
$ 690,000
Back to search
Share Save

4138 Kirk Road

Lake Worth, FL, 33461
$ 690,000
Bedrooms3 Baths2.0 Sq 1,008

Monthly Estimate*

$ 4,305

4138 Kirk Road, Lake Worth, FL 33461 - Image 1
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4138 Kirk Road, Lake Worth, FL 33461 - Image 9
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Multi-Family Home for sale in Lake Worth, FL

for $690,000 with 3 bedrooms and 2 full baths. This 1,008 square foot home was built in 1949 on a lot size of 1.25.

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..

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Multi-Family Active

Price

$ 690,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,269

Style

Duplex

Lot Size

1.25

Year Built

1949

Town/City

Lake Worth

County/Region

Palm Beach

MLS | Web ID

RX11138493
Features
Exterior
Lot Description 1 to < 2 Acres
Exterior Amenities None
Waterfront No None
Private Pool Y/N No
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General
Construction CBS
Heating No Heat
Cooling Electric
Utilities Cable Electric Water Available
Possession At Closing Funding
Roof Comp Shingle
Zoning RM
HOA None
Status Active
Year Built 1949
REO No
Subdivision PALM BEACH FARMS CO 7
Stories Count 1.0
Type Duplex
Property Type B
Area 5700
Auction No
Tax Year 2024
Terms Considered Cash Conventional FHA
Gated Community No
Short Sale No
Restrict None
Taxes 5269.83
Middle School Lake Worth Community Middle
Adult 55+ No Hopa
High School Lake Worth High School
Virtual Tour https://www.propertypanorama.com/4138-Kirk-Road-Lake-Worth-FL-33461--RX-11138493/unbranded
Elementary School Palm Springs Elementary School
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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Interior
Flooring Carpet
SqFt - Living 1008.00
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Internal Only
OriginalMLSID RX-11138493
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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

$4,744
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,305
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
3773977 Elementary School
738918 Middle School
Lake Worth High School High School
See complete school information
Pricing History
Date Price Price Change Description
12/17/2025 $690,000 -1.43% Price Down
11/6/2025 $700,000 Listed Price

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4138 Kirk Road, Lake Worth, FL, 33461 is a Multi-Family Home for sale at $690,000 with 1,008 sqft and a lot size of 1.25. 4138 Kirk Road has 3 bedrooms, 2.0 baths, and was built in 1949. The property's zip code is 33461 which is in Lake Worth, FL

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