$650,000

4160 42ND Avenue S, Lake Worth, FL 33461

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.91acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 7 days ago

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.

Listing Status:
Active
Date Added:
September 21, 2026
Data Last Updated:
September 28, 2026 at 6:21PM
Listing Office:
Partnership Realty Inc. : 561-355-0270
Listing Agent:
Julian Prieto Avila : 561-631-4297
MLS ID:
B26078789
  • Road/Access: City Street
  • Originating MLS: BEACH_BEACH
  • County: Palm Beach
  • Zoning: RM-525-44-42~ 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)00424425000001040
  • Fencing: None
  • Current Use: Multi-Family
  • Utilities: Electricity AvailableSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: BEACH_BEACH

This listing courtesy of Julian Prieto Avila , Partnership Realty Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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