4160 42nd Ave S

Lake Worth, FL 33461
  • $650,000

    Price
  • 0.91

    Acre

About the Listing 404692 - 276660353

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.

Listing Highlights for 4160 42nd Ave S

Status Active
Days on Site 45
Property Type Vacant Land
MLS ® B26078789
Year Built
Lot/Acreage 0.91
County Palm Beach
Neighborhood N/A
Area 5700
Elementary School Diamond View
Middle School Tradewinds
High School Lake Worth

Interior Details

  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Zoning: RM-5
  • Roof:
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $3,893
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 00424425000001040
  • Tax Year: 2025

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Listing Location

Questions About..

4160 42nd Ave S Lake Worth, FL 33461

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Originating MLS: BEACH

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Nicole Gary

CEO - The Nicole Gary Team | The Nicole Gary Team

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