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Est. payment - /mo

0.91 Acres Lot

Active

4160 42nd AVE S Lake Worth, FL 33463

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Jesse Friedman

cobbsfriedman@gmail.com +1(561) 512-5340

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID R11137083

HOA Y/N No

Annual Tax Amount $3,890

Tax Year 2025

Lot Size 0.910 Acres

Acres 0.91

Lot Dimensions 262x151

Property Sub-Type Unimproved Land

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.

Location

State FL

County Palm Beach

Area 5700

Direction From I-95, take the 10th Avenue North exit and head west.Turn left (south) onto Kirk Road. Turn right onto 42nd Avenue South — the property will be on your right-hand side, just west of Kirk Road

Region Lake Worth

City Region Lake Worth

Interior

Fireplace No

Exterior

Utilities Available Sewer Available, Water Available

Water Access Desc Public

Present Use Multi-Family

Street Surface Paved

Building

Lot Description Cleared, Rural Lot

Faces South

Sewer Public Sewer

Water Public

Schools

Elementary Schools Diamond View

Middle Schools Tradewinds

High Schools Lake Worth

Others

Pets Allowed No

Tax ID 00424425000001040

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/4160-42nd-Avenue-Lake-Worth-FL-33463/unbranded

Listed by Julian Prieto Avila Partnership Realty Inc.

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