4160 42nd Avenue S, Lake Worth, FL 33463
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- MLS#: R11137083 ( Land & Docks )
- Street Address: 4160 42nd Avenue S
- Viewed: 22
- Price: $650,000
- Price sqft: $0
- Waterfront: No
- Year Built: Not Available
- Bldg sqft: 0
- Days On Market: 66
- 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.
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DescriptionRare 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.
Property Location and Similar Properties
Features
Possible Terms
- Cash
- Conventional
Close Date
- 0000-00-00
High School
- Lake Worth
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)
Lot Features
- Cleared
Middle School
- Tradewinds
Parcel Number
- 00424425000001040
Property Type
- Land & Docks
School Elementary
- Diamond View
Sewer
- Public Sewer
Tax Year
- 2025
Utilities
- Sewer Available
- Water Available
Views
- 22
Virtual Tour Url
- https://www.propertypanorama.com/4160-42nd-Avenue-Lake-Worth-FL-33463/unbranded
Water Source
- Public
Zoning Code
- RM—MULTI-FAMILY


