1000 W LAKEWOOD Road
West Palm Beach, FL 33405
$1,495,000
Number of Units:
4
Type:
Multi-Unit Residential
Listing #B26071849
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.
Property Features
County:
Palm Beach
MLS Area:
5430
Latitude:
26.669447
Longitude:
-80.065722
Geo Area:
PB20
Subdivision:
LAKEVIEW RIDGE
Directions:
Use navigation.
Heating:
Window/Wall
Cooling:
Wall/Window Unit(s)
Floors:
Laminate
Tenant Pays:
Cable TV, Electricity, Sewer, Water
Unit 1 Features:
Full Baths: 1, Bedrooms: 2, SqFt: 700.0
Unit 2 Features:
Full Baths: 1, Bedrooms: 2, SqFt: 700.0
Unit 3 Features:
Full Baths: 2, Bedrooms: 2, SqFt: 726.0
Unit 4 Features:
Full Baths: 1, Bedrooms: 3, SqFt: 750.0
Total Number of Units:
4
Stories:
2
Is New Construction:
No
Construction:
Frame
Exterior:
None
Roof:
Shingle
Water Source:
Public
Septic or Sewer:
Public Sewer
Utilities:
Cable Available, Electricity Available, Sewer Available, Water Available
Lot Description:
1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre Lot
Lot Size in Acres:
0.31
Zoning:
SF7 (city)
Condition:
Resale
Building Total Area (Sq. Ft.):
5,026
Number of Stalls:
0
Has Waterfront:
No
In a Gated Community:
No
Windows/Doors Description:
Blinds
Elementary School:
Palmetto (Palm Beach)
Middle School:
Conniston Community
High School:
Forest Hill
Possession:
Close Of Escrow
Property Type:
RI
Property SubType:
Quadruplex
Year Built:
1926
Status:
Active
Is Senior Community:
No
Units in Complex:
4
Restrictions:
No Restrictions
Pets:
Yes, No Restrictions
Taxes:
City/County
Tax Year:
2025
Tax Amount:
$19,640.99
$ per month
Year Fixed. % Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ |
Listing Courtesy of Home Sold Realty LLC
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Beaches RAPB data last updated at September 4, 2026, 8:36 PM ET
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