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4614 Gulfstream Road, Lake Worth, FL 33461

Lake Worth
Local realty services provided by:CENTURY 21 Move With Us
4614 Gulfstream Road,Lake Worth, FL 33461
$1,250,000
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  • 0 Acres
  • Lots / Land
  • Active
Listed by: brett colby
Office: re/max direct
MLS#:B26089882
Source:FL_RAMC

Price summary

  • Price:$1,250,000

About this home

Bring your vision to unincorporated Lake Worth! A compelling opportunity for investors, builders, and developers to acquire 1.83 acres in the heart of Lake Worth, Florida, with the potential for a 20-unit multifamily development. This property offers a head start for future development, with several key approvals previously secured, significantly advancing the preliminary planning process. Zoning, water utility, right-of-way, drainage, and Health Department permits have already been previously approved, providing a valuable foundation for the next phase of development. Completed building plans are also available and attached to the MLS, offering additional value and a head start for prospective developers. The proposed unit mix consists of 17 two-bedroom, two-bathroom units and 3 one-bedroom, one-bathroom units. Based on comparable rental rates, the projected rental income could reach approximately $44,500 per month, or $534,000 annually, assuming all 20 units are rented at the...

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Home facts

  • Subdivision & Development:Covenant Villas
  • Listing ID #:B26089882
  • Added:11 day(s) ago
  • Updated:October 30, 2026 at 05:11 PM

Structure and exterior

  • Lot Features:Drainage
  • Exterior Features:Fence

Schools

  • High school:Lake Worth
  • Middle school:Tradewinds
  • Elementary school:Starlight Cove

Utilities

  • Water:Water Available

Finances and disclosures

  • Price:$1,250,000
  • Tax amount:$9,362 (2025)
MLS LogoThe data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor<REGISTERED_LOGO> Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than CENTURY 21 Move With Us are marked with the IDX logo (Broker Reciprocity) or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.

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