4160 42nd Avenue S, Lake Worth, FL 33463

$650,000

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List Price
$650,000
Price Change
▼ $20,000 1773785729
Days on Market
61
MLS#
R11137083
Lot Size
39,795
Subtype
Unimproved Land
County
Palm Beach
Subdivision
N/A

Property 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.

Additional Information

Taxes
$3,890
Utilities
Sewer Available, Water Available
Acres
0.91
Elementary School
Diamond View
Middle School
Tradewinds
High School
Lake Worth

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Listing courtesy of Partnership Realty Inc.. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Julian Prieto Avila | Email: Julianp86@hotmail.com