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4138 Kirk Road, Lake Worth, FL 33461

Local realty services provided by:CENTURY 21 Circle
4138 Kirk Road,Lake Worth, FL 33461
$690,000
Virtual Tour
  • - Beds
  • 2 Baths
  • 1,008 sq. ft.
  • Multi-family
  • Pending
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)
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 2026 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.

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