About This Home

This land at 4160 42ND Avenue S in Lake Worth, FL is listed for $650,000 (0.91 acres).

Key Features

  • 0.91 acre lot
  • Waterfront

Amenities

Waterfront
Listing 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.

Location

4160 42ND Avenue S

Lake Worth, FL 33461

Questions & Answers

This 0-bedroom, 0-bathroom land at 4160 42ND Avenue S is listed at $650,000. The estimated monthly payment is $3,477 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.91 acre lot, Waterfront.

This property is listed by Julian Prieto Avila.

JA

Julian Prieto Avila

License 3533346

Agent at Partnership Realty Inc.

Listed by Partnership Realty Inc. · Broker phone: (561) 355-0270 · View on Broker Site

MLS# B26078789· Source: BeachesMLS· 36 days on PropertySimple

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4160 42ND Avenue S, Lake Worth, FL 33461

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