Unimproved Land in 4160 42nd Avenue S, Lake Worth, FL 33463 for sale with MLS# R11137083
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.
![Site Plan PSP-1[5] Photo #9 of this property](https://listingphotos.rebonus.com/r11137083-land-docks-4160-42nd-avenue-s-lake-worth-fl-33463/fl/20251104191244901393000000-o.jpg)
4160 42nd Avenue S, Lake Worth, FL 33463
- Price:
- $650,000.00
- Original List Price:
- $689,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $16.33
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Land & Docks
- Property Type:
- Unimproved Land
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- March 17, 2026 5:03 pm
- Lot Area:
- 39,795 Sqft
- Lot Size Dimensions and Info:
- 262x151
- Lot Size Unit:
- Acres
- Lot Features:
- Cleared
- Lot Size Acres:
- 0.91
- Waterfront:
- No
- Current Use:
- Multi-family
- Vegetation and Trees:
- None, Mostly Pines
- Property Entrance Faces:
- South
- Road Responsibility:
- Public Maintained Road
- Possible Use:
- Commercial, Residential
- Tax Annual Amount:
- $3,890.00
- Tax Year:
- 2025
- Property Tax Details:
- County Only
- Sewer:
- Public Sewer
- Utilities Available:
- Sewer Available, Water Available
- Water Source:
- Public
- Subdivision Name:
- N/A
- Senior Community:
- No
- Development Status:
- Raw Land, Site Plan Approved
- Documents Available:
- Survey, Building Plan, Plans, Soil Boring Test
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- Negotiable Seller Concessions
- 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—MULTI-FAMILY
- Elementary School:
- Diamond View
- High School:
- Lake Worth
- Middle Or Junior School:
- Tradewinds
- Active on the market since:
- January 30, 2026
- Listing Agreement executed on:
- October 29, 2025
- Price change occurred on:
- March 17, 2026 5:03 pm
- Listing Status Last Changed On:
- January 30, 2026 12:54 pm
- Photos updated on:
- June 29, 2026 11:30 am
- Last Modified:
- August 12, 2026 7:59 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:
- 33463
- County:
- Palm Beach
- Latitude:
- N26° 36' 56.9''
- Longitude:
- W81° 53' 28.5''
- Street Suffix:
- Avenue
Want to schedule an in-person or virtual tour? Have questions?
Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 4160 42nd Avenue S, Lake Worth, FL 33463
