PRICED AT ONLY: $650,000
Address: 4160 42nd Avenue S, Lake Worth, FL 33463
Description
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.
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- MLS#: R11137083 ( Land & Docks )
- Street Address: 4160 42nd Avenue S
- Viewed: 2
- Price: $650,000
- Price sqft: $0
- Waterfront: No
- Year Built: Not Available
- Bldg sqft: 0
- Days On Market: 59
- Additional Information
- Geolocation: 27 / -80
- County: Palm Beach
- City: Lake Worth
- Zipcode: 33463
- Elementary School: Diamond View
- Middle School: Tradewinds
- High School: Lake Worth
- Provided by: Partnership Realty Inc.
- DMCA Notice
Features
Land Information
- Lot Features: Cleared
School Information
- High School: Lake Worth
- Middle School: Tradewinds
- School Elementary: Diamond View
Eco-Communities
- Water Source: Public
Utilities
- Sewer: Public Sewer
- Utilities: Sewer Available, Water Available
Finance and Tax Information
- Tax Year: 2025
Other Features
- Legal Description: 25-44-42, E 1/2 OF W 1/2 OF SW1/4 OF NE 1/4 OF NE 1/4 (LESS S 340 FT, N 70 FT CNL & W 15 FT 42ND AVE S R/W)
- Parcel Number: 00424425000001040
- Zoning Code: RM—MULTI-FAMILY
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- Provided by Partnership Realty Inc.
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Contact Info
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
