$895,000
$200K PRICE DROP

4562 &4588 Davis Rd Lake Worth, FL 33461

Lake Worth Corridor Neighborhood

Estimated payment $5,474/month

Total Views 2,486
1.5 Acres
$596,667 Price per Acre
65,340 Sq Ft Lot

Highlights

  • 1.5 Acre Lot
  • Brush Vegetation
  • Paved or Partially Paved Lot

About This Lot

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.

Listing Agent

Mike Petilli

Voro LLC License #3333354

Voro LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,850

Year Built

  • 1940

Lot Details

  • 1.5 Acre Lot
  • Brush Vegetation
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned RM HR-MU

Community Details

  • Palm Beach Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00434430010720030

Property Details

Property Type

Land

Est. Annual Taxes

$5,850

Year Built

1940

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Property Sub Type Additional: Commercial
  • Special Features: None
  • Year Built: 1940

Exterior Features

  • Road Surface Type: Paved
  • Waterfront: No

Lot Info

  • Parcel #: 00434430010720030
  • Current Use: Other
  • Development Status: Site Plan Filed
  • Lot Size Acres: 1.5
  • Lot Size: 1 to < 2 Acres
  • Lot Size Sq Ft: 65340.0
  • Zoning Description: RM HR-MU
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5850.0

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,041 $298,608 -- --
2023 $4,161 $135,145 $181,692 $78,673
2022 $3,987 $122,859 $0 $0
2021 $3,642 $173,068 $110,740 $62,328
2020 $3,527 $173,128 $110,740 $62,388
2019 $3,474 $173,128 $110,740 $62,388
2018 $3,022 $162,866 $110,521 $52,345
2017 $2,758 $138,629 $85,016 $53,613
2016 $2,494 $69,350 $0 $0
2015 $2,368 $63,045 $0 $0
2014 $2,159 $57,314 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Price Changed $895,000 0.0% --
04/24/2025 04/24/25 Price Changed $895,000 -5.7% $246 / Sq Ft
01/13/2025 01/13/25 Price Changed $949,000 0.0% $260 / Sq Ft
01/13/2025 01/13/25 Price Changed $949,000 -4.6% --
11/18/2024 11/18/24 Price Changed $995,000 0.0% $273 / Sq Ft
11/18/2024 11/18/24 Price Changed $995,000 -9.1% --
09/27/2024 09/27/24 For Sale $1,095,000 0.0% $300 / Sq Ft
09/24/2024 09/24/24 For Sale $1,095,000 -- --
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $405,000 None Listed On Document
Warranty Deed $75,000 Home Title American Inc
Warranty Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $61,696 No Value Available
Source: Public Records

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See All Homes in Lake Worth

Source: BeachesMLS

MLS Number: R11023533

BeachesMLS

APN: 00-43-44-30-01-072-0030

Florida Palm Beach County Lake Worth 33461 Lake Worth Corridor

4562 &4588 Davis Rd, Lake Worth, FL

Homes for Sale in Lake Worth, FL

This home is located at 4562 &4588 Davis Rd, Lake Worth, FL 33461 and is currently priced at $895,000. This property was built in 1940. 4562 &4588 Davis Rd is a home located in Palm Beach County with nearby schools including Palm Springs Elementary School, Lake Worth High School, and Lake Worth Community Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Mike Petilli
Listing Agent
Mike Petilli
Section Image
Voro LLC
(561) 786-7491