Unimproved Land in 3716 Elaine Drive, Lake Worth, FL 33463 for sale with MLS# R11050321

This prime 1.41-acre property in central Lake Worth offers two parcels zoned MR-5, ideal for multi-family development. Previously approved for 8 townhomes, it provides an excellent opportunity for investors or developers seeking to build in a highly sought-after location. With close proximity to local amenities and easy access to major roads, this parcel is perfectly positioned for residential growth. Don't miss out on this rare development opportunity in a thriving community.

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Days on the market

3716 Elaine Drive, Lake Worth, FL 33463

Price
Price:
$675,000.00
Original List Price:
$675,000.00
List Price per Sq Ft (Calculated, Approx.):
$13.13
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Active Under Contract
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
Status Change
Last Major Update on:
June 16, 2025 12:51 pm
Measures
Lot Area:
51,401 Sqft
Lot Size Dimensions and Info:
156 x 334
Lot Size Unit:
Acres
Lot Features:
Cleared
Lot Size Acres:
1.41
Number of Lots:
2
Property Features
Waterfront:
No
Current Use:
Other, Single Family, Multi-family
Property Entrance Faces:
East
Construction
Road Frontage Type:
Private Road, Public Road
Possible Use:
Commercial
Taxes and Expenses
Tax Annual Amount:
$4,921.72
Tax Year:
2024
Utilities
Electric:
Three Phase
Utilities Available:
Electricity Available, Water Available
Water Source:
Public
Community
Subdivision Name:
None
Senior Community:
No
Development Status:
Recorded Plat
Terms
Documents Available:
Aerial, Plans
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
24-44-42~ N 154 FT OF S 308 FTOF W 1/2 OF SE 1/4 OF NW 1/4 OF SW 1/4
Real Estate Folio Number (Parcel Number):
00424424000007200
Zoning:
RM
Listing History
Active on the market since:
April 26, 2025
Listing Agreement executed on:
January 8, 2025
Purchase Contract Date:
June 16, 2025
Listing Status Last Changed On:
June 16, 2025 12:51 pm
Photos updated on:
June 16, 2025 1:03 pm
Last Modified:
April 9, 2026 8:27 am
Additional Information
Courtesy of:
KW Innovations
Attribution:
Not provided
Location
Street Name:
Elaine
Street Number:
3716
City:
Lake Worth
State:
Florida
Zip Code:
33463
County:
Palm Beach
Latitude:
N26° 37' 22.9''
Longitude:
W81° 52' 51.7''
Street Suffix:
Drive
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $68,697
Median Home Value $326,600
Median Rent $1,721/mo
Median Age 37
Population 64,916

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This listing can also be located in the MLS system as RX-11050321
Association of REALTORS®
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