4160 42nd Avenue S, Lake Worth, FL 33463
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: julian prieto avila
Office: partnership realty inc.
MLS#:R11137083
Source:RMLS
Price summary
- Price:$650,000
About this home
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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Home facts
- Listing ID #:R11137083
- Added:99 day(s) ago
- Updated:May 29, 2026 at 10:41 PM
Structure and exterior
- Lot area:0.91 Acres
Schools
- High school:Lake Worth
- Middle school:Tradewinds
- Elementary school:Diamond View
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$650,000
- Tax amount:$3,890 (2025)
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