Unimproved Land in 4160 42ND Avenue S, Lake Worth, FL 33461 for sale with MLS# B26078789
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.
4160 42ND Avenue S, Lake Worth, FL 33461
- Price:
- $650,000.00
- Original List Price:
- $650,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $16.4
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Land
- Property Type:
- Unimproved Land
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- September 21, 2026 6:27 pm
- Lot Size Acres:
- 0.91
- Waterfront:
- Yes
- Current Use:
- Multi-family
- Road Frontage Type:
- City Street
- Possible Use:
- Multi-family
- Flood Zone Code:
- X
- Tax Annual Amount:
- $3,893.19
- Tax Year:
- 2025
- Property Tax Details:
- County Only
- Sewer:
- Public Sewer
- Utilities Available:
- Electricity Available, Sewer Available, Water Available
- Water Source:
- Public
- Subdivision Name:
- N/A
- Senior Community:
- No
- Development Status:
- Site Plan Approved
- Documents Available:
- Survey, Plans, Soil Boring Test
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- Tax 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)
- Real Estate Folio Number (Parcel Number):
- 00424425000001040
- Zoning:
- RM-5
- Elementary School:
- Carolyn Beatrice Parker Elementary
- High School:
- Lake Worth
- Middle Or Junior School:
- Tradewinds
- Active on the market since:
- September 21, 2026
- Listing Agreement executed on:
- September 21, 2026
- Listing Status Last Changed On:
- September 21, 2026 6:27 pm
- Photos updated on:
- September 21, 2026 6:27 pm
- Last Modified:
- November 8, 2026 6:15 pm
- Courtesy of:
- Partnership Realty Inc.
- Attribution:
- Not provided
- Road Surface Type:
- Paved
- Street Name:
- 42ND
- Street Number:
- 4160
- City:
- Lake Worth
- State:
- Florida
- Zip Code:
- 33461
- County:
- Palm Beach
- Latitude:
- N26° 36' 57''
- Longitude:
- W81° 53' 28.5''
- Street Suffix:
- Avenue
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 4160 42ND Avenue S, Lake Worth, FL 33461
