Home » Lake Worth » 5321 Maine Street, Lake Worth, FL 33461 | R11058271/RX-11058271

Commercial For Sale 5321 Maine Street, Lake Worth, FL 33461

$2,600,000
Price has increased by $200,000

Property Highlights

Listing ID R11058271/RX-11058271 Status of this Listing: Active For Sale Newly Listed Property Property Type Land Commercial Lot area 109,588 Sqft/10181.06 m2 approx. Time of this property on Rebonus 0 Day(s)
  • 5321 Maine Street Lake Worth MLS R11058271 Listing Photo #1
  • 5321 Maine Street Lake Worth MLS R11058271 Listing Photo #2

5321 Maine Street, Lake Worth, FL 33461

Property Description: Prime Multi-Family Development Opportunity - 5321 Maines StreetThis 1.81-acre lot is zoned Multi-Family Urban Fill, making it a prime investment for high-density residential development. The site comes with an approved site plan for 88 one-bedroom, one-bathroom units and 4 two-bedroom, one-bathroom units, maximizing its potential. Located in a rapidly growing urban area, this property offers excellent access to amenities and infrastructure. A rare opportunity for developers seeking a turnkey project in a strong rental market!

Useful Info

Original List Price:$2,400,000

Land Lot (Parcel) Details

Lot Features:
  • City Lot
Lot Size Unit:Square Feet

Construction

Road Frontage Type:
  • County Road

Property Features

Waterfront:No
Vegetation:
  • Other
Road Responsibility:
  • Public Maintained Road

Taxes and Expenses

Tax Annual Amount:$6,855

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2024

Terms

Documents Available:
  • Survey
  • Building Plans
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Buyer Possession:
  • Closing & Funding
  • Close Of Escrow
Lease Considered:No

Community

Subdivision Name:None
Complex Name:None
Senior Community:No
Development Status:
  • Site Plan Filed

Parking

Covered Spaces:0

More Details

Other Information:
Data exchange original Listing NumberRX-11058271
Ref1104176519

Zoning and Legal

Tax Legal Description:25-44-42~ E 385 FT OF W 420 FTOF S 224.06 FT OF N 672.18 FT OF W 3/4 OF N 1/4 OF SE 1/4 (LESS N 10 FT RD R/W & WLY 13 FT
Real Estate Folio Number (Parcel Number):00424425000005380
Zoning Description:Urban In

Listing History

Update/EventDate/Days
Published Date:February 2, 2025 6:57 am
On Market Date:February 2, 2025
Listing Contract Date:February 2, 2025
Price Change Date Time:February 2, 2025 12:00 am
Last Important Update Description:New Listing
Date and Time of Last Important Update:February 2, 2025 7:05 am
Status Last Changed:February 2, 2025 12:00 am
Photos Last Modified:February 2, 2025 2:45 pm
Last Modified:February 2, 2025 3:11 pm
Days on the Market Reference Date:February 2, 2025
Days on the Market (updated on Last Modified*):0
Cumulative Days on the Market (updated on Last Modified**):25

Additional Information

Lot Size Range:, 1+ To 2 Acres
Number of Photos:2
Location:City Location,County Location,City Location,County Location
Included:,,
Geographical Area:Palm Beach 5730; 5740; 5760; 5770; 5790
Area:5730
Automated Valuation Display:Yes
Courtesy of:KW Innovations
Universal Property Id:US-12099-N-00424425000005380-R-N

Location

Show Property Address:Yes
Street Name:Maine Street
Street Number:5321
Street Address:5321 Maine Street
City : Lake Worth
State : Florida
Zip Code : 33461
County : Palm Beach
Full Address:5321 Maine Street, Lake Worth, FL 33461
Latitude:N26° 36' 34.2''
Longitude:W81° 53' 12.7''

Neighborhood

Postal City:Lake Worth

Property Map