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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

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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

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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