1000 W LAKEWOOD Road West Palm Beach, FL $ 1,495,000
1000 W LAKEWOOD Road
$ 1,495,000
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1000 W LAKEWOOD Road

West Palm Beach, FL, 33405
$ 1,495,000
Baths0.0 Sq 5,026

Monthly Estimate*

$ 9,440

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Studio

Multi-Family Home for sale in West Palm Beach, FL

for $1,495,000. This 5,026 square foot home was built in 1926 on a lot size of 0.31.

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.

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Multi-Family Active

Price

$ 1,495,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 19,640

Style

Lot Size

0.31

Year Built

1926

Town/City

West Palm Beach

County/Region

Palm Beach

MLS | Web ID

B26071849

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Cable Available Electricity Available Sewer Available Water Available
Possession Close Of Escrow
Roof Shingle
Construction Materials Frame
Pets Allowed No Pet Restrictions Yes
Year Built 1926
Tenant Pays Cable TV Electricity Sewer Water
Property Subtype Quadruplex
Tax Year 2025
Gross Income 159000
Accessibility None
County Palm Beach
Net Operating Income 86179
New Construction false
Property Type Residential Income
Subdivision Name LAKEVIEW RIDGE
Status Active
Directions Use navigation.
High School Forest Hill
City West Palm Beach
Senior Community Y/N false
Number Of Units Total 4
MLS Area 5430
Elementary School Palmetto (Palm Beach)
Tax Annual Amount 19640.99
Middle/Junior High School Conniston Community
Property Condition Resale
MLS Area Minor PB20
Virtual Tour https://www.propertypanorama.com/1000-W-LAKEWOOD-Road-West-Palm-Beach-FL-33405/unbranded
Standard Status Active
Property Sub Type Additional Quadruplex
Legal Description LAKE VIEW RIDGE LT 36 THRU 41 INC BLK J
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Interior
Flooring Laminate
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Total Baths 0
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Exterior
Exterior Amenities None
Lot Features 1/4 to 1/2 Acre Lot
Water Source Public
Total Parking 7
Lot Size Area 13500
Building Area Total 5026
Lot Size Acres 0.31
Waterfront Y/N false
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* Excluded Features
List By
Camilo De la Cruz Perez

Listing Agent

Affordability Calculator

$11,076
Per Month
85%
15%
0%
Monthly Principal & Interest
$9,440
Monthly Property Taxes
$1,637
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
0 Elementary School
4820234 Middle School
Forest Hill High School High School
Pricing History
DatePricePrice ChangeDescription
9/3/2026$1,495,000 Listed Price

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1000 W LAKEWOOD Road, West Palm Beach, FL, 33405 is a Multi-Family Home for sale at $1,495,000 with 5,026 sqft and a lot size of 0.31. 1000 W LAKEWOOD Road is a studio with 0.0 baths and was built in 1926. The property's zip code is 33405 which is in West Palm Beach, FL