$ 650,000
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$650,000
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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
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Cleared,Rural Lot
- Garage Capacity: N/A
- Lot Dimensions: 262x151
- Zoning: RM—MULTI-FAMILY
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $3,890
- Taxes w/Assessments: N/A
- Tax/Property ID: 00424425000001040
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
4160 42nd Ave S Lake Worth, FL 33463
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