- CENTURY 21 Real Estate
- Florida
- Lake Worth
- 4138 Kirk Road
4138 Kirk Road, Lake Worth, FL 33461
Local realty services provided by:CENTURY 21 Circle
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..
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Home facts
- Year built:1949
- Listing ID #:R11138493
- Added:86 day(s) ago
- Updated:February 01, 2026 at 08:47 AM
Rooms and interior
- Total bathrooms:2
- Living area:1,008 sq. ft.
Heating and cooling
- Cooling:Electric
Structure and exterior
- Roof:Composition
- Year built:1949
- Building area:1,008 sq. ft.
- Lot area:1.25 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$690,000
- Price per sq. ft.:$430.71
- Tax amount:$5,270 (2024)
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