191,667 SF Apartment For Sale — $1,150,000 — 3874 7th Ave N, Lake Worth – #81941

Executive Summary
Marcus & Millichap is pleased to present a six-unit multifamily property located at 3874 7th Avenue N in Palm Springs, Florida. Built in 1959, the property totals 4,827 gross square feet and is situated on a 0.64-acre lot. The property features concrete block construction with a pitched composite shingle roof, offering long-term durability and reduced maintenance. The property features a diverse unit mix consisting of 1 studio unit (427 SF), 1 one-bedroom/one-bathroom unit (650 SF), 2 two-bedroom/one-bathroom units (825 SF each), and 2 three-bedroom/one-bathroom units (1,050 SF each). The larger floorplans cater to a broad tenant base and continue to experience strong demand within the Palm Springs rental market.
Ideally located near Congress Avenue, Forest Hill Boulevard, and Interstate 95, the property offers convenient access to major employment centers throughout Palm Beach County. Residents are just minutes from Downtown West Palm Beach, Palm Beach International Airport, JFK Medical Center, and a variety of shopping, dining, and entertainment destinations.
Palm Springs continues to benefit from strong rental demand driven by its central location, limited multifamily inventory, and proximity to major employment, healthcare, and transportation hubs. The combination of a large site, spacious unit mix, and excellent accessibility positions the property for stable occupancy and long-term appreciation.
The Kirkview Apartments presents an opportunity to acquire a boutique multifamily asset in the heart of Palm Beach County, offering a desirable mix of unit sizes, durable construction, and long-term investment potential in an established rental market.

Allowed by right

Agriculture, Storage [Agricultural] (DRO site-plan approval), Bed and Breakfast [Commercial] (DRO site-plan approval), Community Vegetable Garden [Agricultural], Cottage Home [Residential], Electric Distribution Substation [Utility] (DRO site-plan approval), Family Community Residence [Residential], Large Family Child Care Home [Institutional, Public & Civic] (DRO site-plan approval), Minor Utility [Utility] (DRO site-plan approval), Park, Neighborhood Infill [Recreation], Park, Passive [Recreation] (DRO site-plan approval), Place of Worship [Institutional, Public & Civic] (DRO site-plan approval), Recovery Community [Residential], Shade House [Agricultural], Single Family [Residential], Townhouse [Residential] (DRO site-plan approval), Transitional Community Residence [Residential], Type 1A Excavation [Excavation], Type 1B Excavation [Excavation] (DRO site-plan approval), Zero Lot Line Home (ZLL) [Residential] (DRO site-plan approval)

With special approval

Agricultural Excavation [Excavation] (Class A conditional use - BCC), Agriculture, Bona Fide [Agricultural] (Class A conditional use - BCC), Assembly Institutional Nonprofit [Institutional, Public & Civic] (Class A conditional use - BCC), Cemetery [Institutional, Public & Civic] (Class A conditional use - BCC), Congregate Living Facility [Residential] (Class A conditional use - BCC), Day Care General [Institutional, Public & Civic] (Class A conditional use - BCC), Day Care Limited [Institutional, Public & Civic] (Class B conditional use - Zoning Commission), Electric Transmission Substation [Utility] (Class A conditional use - BCC), Golf Course [Recreation] (Class A conditional use - BCC), Government Services [Institutional, Public & Civic] (Class A conditional use - BCC), Multifamily [Residential] (Class A conditional use - BCC), Nursery, Retail [Agricultural] (Class A conditional use - BCC), Nursery, Wholesale [Agricultural] (Class B conditional use - Zoning Commission), Park, Public [Recreation] (Class B conditional use - Zoning Commission), Produce Stand [Agricultural] (Class A conditional use - BCC), Renewable Energy Solar Facility [Utility] (Class B conditional use - Zoning Commission), Renewable Energy Wind Facility [Utility] (Class A conditional use - BCC), Rooming and Boarding House [Commercial] (Class A conditional use - BCC), School - Elementary or Secondary [Institutional, Public & Civic] (Class A conditional use - BCC), Skilled Nursing or Residential Treatment Facility [Institutional, Public & Civic] (Class A conditional use - BCC), Stable, Commercial [Agricultural] (Class A conditional use - BCC), Stable, Private [Agricultural] (Class B conditional use - Zoning Commission), Type 2 Excavation [Excavation] (Class A conditional use - BCC), Water or Wastewater Treatment Plant [Utility] (Class A conditional use - BCC)