Unimproved Land in 5321 Maine Street, Lake Worth, FL 33461 for sale with MLS# R11058271
Prime Multi-Family Development Opportunity - 5321 Maines Street This 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!
5321 Maine Street, Lake Worth, FL 33461
Price
- Price:
- $2,600,000.00
- Original List Price:
- $2,400,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $23.73
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:
- July 30, 2025 12:54 pm
Measures
- Lot Area:
- 109,588 Sqft
- Lot Size Unit:
- Acres
- Lot Features:
- Cleared
- Lot Size Acres:
- 2.5158
Property Features
- Waterfront:
- No
- Current Use:
- Multi-family
- Property Entrance Faces:
- West
- Road Responsibility:
- Public Maintained Road
Construction
- Road Frontage Type:
- County Road
- Possible Use:
- Commercial
Taxes and Expenses
- Tax Annual Amount:
- $6,855.01
- Tax Year:
- 2024
Utilities
- Sewer:
- Public Sewer
- Electric:
- Three Phase
- Utilities Available:
- Electricity Available, Sewer Available
Community
- Subdivision Name:
- None
- Senior Community:
- No
- Development Status:
- Recorded Plat
Terms
- Documents Available:
- Survey, Plans
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable, Close Of Escrow
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:
- Urban Infill
Listing History
- Active on the market since:
- February 2, 2025
- Listing Agreement executed on:
- February 2, 2025
- Purchase Contract Date:
- July 30, 2025
- Price change occurred on:
- February 2, 2025 1:00 pm
- Listing Status Last Changed On:
- July 30, 2025 12:54 pm
- Photos updated on:
- July 30, 2025 1:07 pm
- Last Modified:
- July 17, 2026 1:42 pm
Additional Information
- Courtesy of:
- KW Innovations
- Attribution:
- Not provided
Location
- Street Name:
- Maine
- Street Number:
- 5321
- City:
- Lake Worth
- State:
- Florida
- Zip Code:
- 33461
- County:
- Palm Beach
- Latitude:
- N26° 36' 34.2''
- Longitude:
- W81° 53' 12.7''
- Street Suffix:
- Street
Property Map
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$61,218
Median Home Value
$263,400
Median Rent
$1,615/mo
Median Age
36
Population
49,245
Ver la propiedad 5321 Maine Street, Lake Worth, FL 33461
This listing can also be located in the MLS system as RX-11058271
