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For sale
  • Price cut: $20K (5/26)
    $875,000

    4562 &4588 Davis Road, Lake Worth, FL 33461

    --beds
    3,644sqft
    : 
    Multi Family
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $240/sqft
    $-- HOA

    What's special

    Prime development opportunity. Rarely available 2 lot package deal. Approximately 1.5 acres in total. Spread out over 2 separate lots conveniently situated next to each other. Currently pending site plan approval. New condos, townhouses, apartment rental complex, single family homes, this property offers endless possibilities. Zoned RM HR MULTI-FAMILY( UNINCORPORATED ). Possible Potential for 18 units plus. Centrally located only a few blocks away from busy Lake Worth Road & Melaleuca Lane. Easy access to both I-95 & FL Turnpike. A short distance to other new redevelopment, restaurants, shopping, downtown areas, beaches, hospitals, airports, schools and colleges. Perfect opportunity for any investor! Listing includes 2 parcels PCN # 00434430010720030 and PCN # 00434430010720041.
    296 days
    on Zillow
    |
    251
    |
    4
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: June 29, 2025 at 02:30pm

    Listed by:

    Michael Petilli 561-593-2922,

    Voro LLC

    Source: BeachesMLS,MLS#: RX-11024360MLS LogoOriginating MLS: Beaches MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 4562 &4588 Davis Road.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Other
    Cooling
    • None
    Features
    • Flooring: Tile
    Interior area
    • Total structure area: 3,644
    • Total interior livable area: 3,644 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached, Open, Open Parking, Space Parking
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Patio & porch: Covered Patio
    • Exterior features: Room for Pool
    • Waterfront features: None
    Lot
    • Size: 1.5 Acres
    • Dimensions: appro x . 1.5 acres
    • Features: 1 to < 2 Acres
    Details
    • Additional structures: Extra Building
    • Parcel number: 00434430010720030
    • Zoning: RM HR MULTI-FAM

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • CBS, Concrete
    • Roof: Comp Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Electric: Electric Meter, Separate Electrical Meters
    • Water: Public, Separate Water Meters
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Features: None
    • Subdivision: Unincorporated Palm Beach County. Palm Beach Farms.
    Location
    • Region: Lake Worth

    Financial & listing details

    • Price per square foot: $240/sqft
    • Annual tax amount: $5,850
    • Date on market: 9/27/2024
    • Listing terms: Cash,Conventional
    • Tenant pays: None
    • Electric utility on property: Yes
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