Overview
- Unimproved Land, Land
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.
Address
Open on Google Maps- Address 4160 42nd S Avenue
- City Lake Worth
- State/county FL
- Zip/Postal Code 33463
- Area Palm Beach
Details
Updated on August 26, 2026 at 2:05 pm- Property ID: HZR11137083
- Price: $650,000
- Land Area: 0.91 Acres
- Garage Size: x x
- Property Type: Unimproved Land, Land
- Property Status: Active, For Sale
Additional details
- Listing Terms: Cash, Conventional
- Utilities: Sewer Available, Water Available
- Sewer: Public Sewer
- County: Palm Beach
- Property Type: Land
- Elementary School: Diamond View
- Middle School: Tradewinds
- High School: Lake Worth
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