4138 Kirk Road Lake Worth FL 33461 MLS #R11136827

There are multiple listings for this address:
4138 Kirk Road
Lake Worth, FL, 33461
$690,000
Beds
0 Baths
0 SqFt
1.25 Acres
Add
MLS #R11136827 image #0
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..
Listing Provided Courtesy of KW Reserve Business Brokerage LLC

Property Details

Price:
$690,000
MLS #:
R11136827
Status:
Pending
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Duplex
Subdivision:
PALM BEACH FARMS CO 7
Neighborhood:
5700
Listed Date:
Oct 31, 2025
Total Sq Ft:
1,602
Lot Size:
54,450 sqft / 1.25 acres (approx)
Year Built:
1949
Palm Beach Farms Co 7

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Schools

Interior

Cooling
Electric
Flooring
Carpet
Heating
None

Exterior

Association Amenities
None
Construction Materials
CBS
Exterior Features
None
Roof
Composition

Financial

Net Operating Income
$53,548
Tax Year
2024
Taxes
$5,270

Map

Community

Subdivisions in Lake Worth

Market Summary

Current real estate data for Single Family in Lake Worth as of Feb 02, 2026
510
Single Family Listed
42
Avg DOM
324
Avg $ / SqFt
$768,723
Avg List Price

Property Summary

    Located in the PALM BEACH FARMS CO 7 subdivision, 4138 Kirk Road Lake Worth FL is a Single Family for sale in Lake Worth, FL, 33461. It is listed for $690,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1949. The average price per square foot for Single Family listings in Lake Worth is $324. The average listing price for Single Family in Lake Worth is $768,723. To schedule a showing of MLS#r11136827 at 4138 Kirk Road in Lake Worth, FL, contact your Acquire Palm Beach LLC agent at 561-279-3333.

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4138 Kirk Road
Lake Worth, FL
4138 Kirk Road
Lake Worth, FL, 33461
$690,000
Beds
2 Baths
1,008 SqFt
1.25 Acres
Add
MLS #R11138493 image #0
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..
Listing Provided Courtesy of KW Reserve Business Brokerage LLC

Property Details

Price:
$690,000
MLS #:
R11138493
Status:
Pending
Beds:
0
Baths:
2
Type:
Multi Family
Subtype:
Duplex
Subdivision:
PALM BEACH FARMS CO 7
Neighborhood:
5700
Listed Date:
Jan 23, 2026
Finished Sq Ft:
1,008
Total Sq Ft:
1,602
Lot Size:
54,450 sqft / 1.25 acres (approx)
Year Built:
1949
Units:
2
Palm Beach Farms Co 7

Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
Electric
Flooring
Carpet
Heating
None

Exterior

Association Amenities
None
Construction Materials
CBS
Exterior Features
None
Roof
Composition

Financial

Net Operating Income
$53,548
Tax Year
2024
Taxes
$5,270

Map

Community

Subdivisions in Lake Worth

Market Summary

Current real estate data for Multi Family in Lake Worth as of Feb 02, 2026
510
Multi Family Listed
42
Avg DOM
324
Avg $ / SqFt
$768,723
Avg List Price

Property Summary

    Located in the PALM BEACH FARMS CO 7 subdivision, 4138 Kirk Road Lake Worth FL is a Multi Family for sale in Lake Worth, FL, 33461. It is listed for $690,000 To schedule a showing of MLS#r11138493 at 4138 Kirk Road in Lake Worth, FL, contact your Acquire Palm Beach LLC agent at 561-279-3333.

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