4160 42nd S Avenue, Lake Worth, FL 33463
- $650,000
- List Price
- $650,000
- MLS#
- R11137083
- Status
- ACTIVE
- Type
- Commercial
Property Description
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.
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Additional Information
- Days on Market
- 61
- Tax Amount
- $3,890
- Parcel Number
- 00424425000001040
- Front Exposure
- South
- Directions
- From I-95, take the 10th Avenue North exit and head west.Turn left (south) onto Kirk Road. Turn right onto 42nd Avenue South — the property will be on your right-hand side, just west of Kirk Road
- Address
- 4160 42nd S Avenue, Lake Worth
- Development Name
- N/A
- Development
- N/A
Mortgage Calculator
Listing Courtesy of Partnership Realty Inc., Contact: