4160 42nd Avenue S, Lake Worth, FL 33463
Listing Snapshot
| List Price | $650,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.91 acres |
| Property Tax | $3,890/yr |
| MLS # | 1145460968 |
| Status | Active |
| Days on Market | 212 |
About This Home
Rare development opportunity in Lake Worth Beach. 0.91 acre multifamily development site with an approved site plan for a 10-unit, 2-story multifamily residential project. The property is zoned RM (Medium Density Multifamily) with Future Land Use MR-5 and allows a variety of residential development strategies. Approved plans include 10 residential units, 23 parking spaces, recreation area, and site infrastructure already designed, significantly reducing entitlement timeline and development risk. This project offers multiple potential exit strategies for developers and investors, including building the approved 10-unit multifamily rental project, redesigning into townhomes for individual sale, or exploring alternative residential configurations within the existing zoning.
General Features
- Property Type
- Land
- Sub-type
- UnimprovedLand
- Direction Faces
- South
- Zoning
- RM—MULTI-FAMILY
- Utilities
- SewerAvailable,WaterAvailable
- Subdivision
- N/A
Interior Features
Exterior Features
- Lot Features
- Cleared,RuralLot
- Waterfront
- No
Community Features
- MLS Area
- 5700
Schools
Map
Virtual Tour
View Virtual TourMLS# 1145460968 · BEACH
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Estimate Your Payment
20% down · Loan: $520,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.