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.561-355-0270
MLS#:R11137083
Source:SEFMLS
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.
Contact an agent
Home facts
- Listing ID #:R11137083
- Updated:June 15, 2026 at 09:05 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)
New listings near 4160 42nd Avenue S
- New
$380,000Active2 beds 2 baths1,570 sq. ft.Address Withheld By Seller, Greenacres, FL 33463
MLS# B26042640Listed by: LAER REALTY PARTNERS BOWEN/WELLINGTON - New
$230,000Active1 beds 1 baths861 sq. ft.1432 S Lakeside Drive #2, Lake Worth Beach, FL 33460
MLS# B26042653Listed by: TRUE FLORIDIAN REALTY - New
$750,000Active4 beds 3 baths2,372 sq. ft.5649 Oakmont Village Circle, Lake Worth, FL 33463
MLS# B26042671Listed by: EXIT REALTY PREMIER ELITE - New
$204,000Active2 beds 2 baths1,121 sq. ft.3605 S Ocean Boulevard #229, South Palm Beach, FL 33480
MLS# B26042586Listed by: ILLUSTRATED PROPERTIES LLC - New
$70,000Active2 beds 1 baths894 sq. ft.2562 Garden Drive N #202, Lake Worth Beach, FL 33461
MLS# B26042592Listed by: UNITED REALTY CONSULTANTS - New
$635,000Active3 beds 2 baths1,926 sq. ft.2843 Worcester Road, Lake Worth, FL 33462
MLS# B26042407Listed by: DOUGLAS ELLIMAN JUPITER
$520,000Active0.23 Acres4599 Clinton Boulevard, Lake Worth Beach, FL 33463
MLS# B26028317Listed by: LAER REALTY PARTNERS BOWEN/WELLINGTON- New
$199,950Active2 beds 2 baths1,324 sq. ft.5775 W Fernley Dr Drive W #76, West Palm Beach, FL 33415
MLS# B26042549Listed by: HIGHLIGHT REALTY CORP/LW - New
$275,900Active2 beds 2 baths1,232 sq. ft.407 Arabian Road, Palm Springs, FL 33461
MLS# B26042551Listed by: PARTNERSHIP REALTY INC. - New
$417,500Active3 beds 3 baths1,622 sq. ft.5765 Monterra Club Drive, Lake Worth, FL 33463
MLS# B26042490Listed by: EXP REALTY LLC