4138 Kirk Road, Lake Worth, FL 33461

Local realty services provided by:Atlantic Shores Realty Expertise ERA Powered
4138 Kirk Road,Lake Worth, FL 33461
$690,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,008 sq. ft.
  • Multi-family
  • Active
Listed by: john a diaz
Office: kw reserve business brokerage llc.
MLS#:R11138493
Source:RMLS

Price summary

  • Price:$690,000
  • Price per sq. ft.:$430.71

About this home

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..

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1949
  • Listing ID #:R11138493
  • Added:53 day(s) ago
  • Updated:December 30, 2025 at 04:02 PM

Rooms and interior

  • Living area:1,008 sq. ft.

Heating and cooling

  • Cooling:Electric

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1949
  • Building area:1,008 sq. ft.
  • Lot area:1.25 Acres

Schools

  • High school:Lake Worth
  • Middle school:Lake Worth
  • Elementary school:Palm Springs (Miami Dade)

Utilities

  • Water:Water Available

Finances and disclosures

  • Price:$690,000
  • Price per sq. ft.:$430.71
  • Tax amount:$5,270 (2024)
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

New listings near 4138 Kirk Road