Zoned RM Multifamily
4475 Kirk Road Lake Worth, FL 33461
4475 Kirk Road, Lake Worth, FL, 33461
$730,000
For Sale
$730,000
Other - Lake Worth, FL
Property Size1,313 SF
Lot Size0.88 Acres
Price / SF$555.98
Days on Market37
Property Features for 4475 Kirk Road
General Information
- Property type
- Other
- Property subtype
- Duplex
- Parking
- 10
- Exterior features
- Storage
- Standard status
- Active
- APN
- 00424425000001630
- Size
- 1,313 SF
- Lot size
- 0.88 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water front features
- Canal Access|Canal Front
Building Details
- Year built
- 1958
- Floors in Building
- 1
- Flooring type
- Other
- Roof type
- Other
- Architectural style
- Other
- Additional Structures
- Storage
Listing Agency
Engel & Völkers Wellington
(561) 791-2220
3101 Fairlane Farms Road, Unit 3, Wellington, FL
Listed by
Wilky Ray Garcia
(561) 310-5802
Added: Jun 12 Checked: Jul 18 at 1:06 pm
MLS# B26006203
Listing URL
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily duplex is offered as-is and positioned for flexible ownership. The property is located in a no-HOA setting and features a generous amount of space for parking. According to the listing, it is zoned RM—MULTI-FAMILY, with the ability to expand the property.
The property is located at 4475 Kirk Road in Lake Worth, Florida. The listing notes the home is minutes from restaurants, I-95, and shopping. Access is by appointment only, and the property is described as private.
For buyers seeking a multifamily asset with RM zoning and room to expand, this offering combines existing parking space with an as-is starting point in a no-HOA environment.
The property is located at 4475 Kirk Road in Lake Worth, Florida. The listing notes the home is minutes from restaurants, I-95, and shopping. Access is by appointment only, and the property is described as private.
For buyers seeking a multifamily asset with RM zoning and room to expand, this offering combines existing parking space with an as-is starting point in a no-HOA environment.
Key Highlights
- Canal‑access, canal‑front multifamily property with waterfront features listed as Canal Access/Canal Front
- Zoned RM—multi‑family and includes the ability to expand per listing remarks
- No HOA location
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.1k | $25.20 |
| − Vacancy | −$1.8k | −$1.39 |
| EGI | $31.3k | $23.81 |
| − OpEx | −$9.4k | −$7.14 |
| NOI | $21.9k | $16.67 |
1,313 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$312.7K
$273.6K – $364.8K
NOI $21,887 @ 7.0% cap · market cap 3.00%
Second Best
Apartment 5plus
$288.5K
$252.4K – $336.6K
NOI $20,193 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$924.7K
$809.1K – $1.08M
NOI $64,728 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Multifamily duplex with RM zoning and on-site parking, offered as-is in a no-HOA setting.
Where is this duplex located?
The property is located at 4475 Kirk Road Lake Worth, FL.
What is the asking price?
The asking price for this property is $730,000.
What are key features of this property?
This property features: Canal‑access, canal‑front multifamily property with waterfront features listed as Canal Access/Canal Front; Zoned RM—multi‑family and includes the ability to expand per listing remarks; No HOA location
