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Listed price in listed location currency (USD).
$690,000

000

MLS® R11138493

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1008 sqft
Garage No
Taxes $5,270
Days Active 40
Lot Size 
Approx. Age 1949
Avg. Price Per Sqft $684
MLS® Number R11138493

Property Address: 4138 Kirk Rd, Lake Worth, FL, 33461-4317

Average square foot calculated using Size range provided by listing agent.

Description

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..
MLS® NumberR11138493
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1949
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 6, 2025List Date
$690,000List Price
  • Commute

Commute

Starting Address
Destination Address
4138 Kirk Rd, Lake Worth, FL

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