4160 42ND AVE S, Lake Worth, FL 33461
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4160 42ND AVE S, Lake Worth, FL 33461
4160 42ND AVE S, Lake Worth, FL 33461
4160 42ND AVE S, Lake Worth, FL 33461
4160 42ND AVE S, Lake Worth, FL 33461
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George Khoury

George Khoury

+1(954) 684-2205
$ 650,000
Est. payment /mo
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4160 42ND AVE S Lake Worth, FL 33461

0.91 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID B26078789

HOA Y/N No

Annual Tax Amount $3,893

Tax Year 2025

Lot Size 0.910 Acres

Acres 0.91

Property Sub-Type Unimproved Land

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.

Location

State FL

County Palm Beach

Area 5700

Zoning RM-5

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Fence None

Utilities Available Electricity Available, Sewer Available, Water Available

Water Access Desc Public

Present Use Multi-Family

Street Surface Paved

Road Frontage City Street

Building

Sewer Public Sewer

Water Public

Schools

Elementary Schools Diamond View

Middle Schools Tradewinds

High Schools Lake Worth

Others

Tax ID 00424425000001040

Acceptable Financing Cash, Conventional

Membership Fee Required false

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/4160-42ND-Avenue-S-Lake-Worth-FL-33461/unbranded

BeachesMLS, Inc. (FLR) IDX
Listed by Julian Prieto Avila Partnership Realty Inc.
George Khoury
George Khoury

Broker License ID: 3250741

+1(954) 684-2205 | george@gkpremier.com

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4160 42ND AVE S