4138 Kirk Road Lake Worth, FL 33461
0 Bedroom, 1,008 Sqft, Duplex
AGENT'S REMARKS ABOUT 4138 KIRK ROAD
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..PROPERTY DETAILS
- Property Type: Duplex
- Approx Living Area: 1,008 SqFt
- Year Built: 1949
- Lot Size: 54,450 SqFt
- Age Restrictions: No Hopa
- County: Palm Beach
- Area: 5700
- Subdivision: PALM BEACH FARMS CO 7
- Age Restricted: No Hopa
- Annual Property Taxes: $5,270
- Repo/Reo: No
- Short Sale: No
- Elementary School: Palm Springs Elementary School
- Junior High School: Lake Worth Community Middle
- High School: Lake Worth High School
MAP LOCATION FOR 4138 KIRK ROAD LAKE WORTH, FL 33461
Directions: 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
SIMILAR LISTINGS NEAR 4138 KIRK ROAD
0 bd • 0 ba • 3,644 Sq Ft
4562 Davis Road Lake Worth FL, 33461
Do you have questions about 4138 Kirk Road Lake Worth, FL 33461? Contact us for more information and to schedule a tour. You can browse all Lake Worth Real Estate and Homes for Sale. Brett Colby Group is a local top real estate service in Palm Beach County, FL. Your complete satisfaction is our First Priority.
Listing courtesy of KW Reserve Business Brokerage LLC 11.14.2025
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