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.
Listing Provided Courtesy of Partnership Realty Inc. at 561-355-0270
Property Details
Price:
$650,000
MLS #:
R11137083
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Unimproved Land
Neighborhood:
5700
Listed Date:
Jan 30, 2026
Lot Size:
39,795 sqft / 0.91 acres (approx)
See this Listing
Schools
Elementary School:
Diamond View
Middle School:
Tradewinds
High School:
Lake Worth
Interior
Exterior
Direction Faces
South
Lot Features
Cleared
Financial
Tax Year
2025
Taxes
$3,890
Map
Community
- Address4160 42nd Avenue S Lake Worth FL
- SubdivisionN/A
- CityLake Worth
- CountyPalm Beach
- Zip Code33463
Subdivisions in Lake Worth
Market Summary
Current real estate data for Single Family in Lake Worth as of Mar 30, 2026
525
Single Family Listed
96
Avg DOM
306
Avg $ / SqFt
$755,953
Avg List Price
Property Summary
- Located in the N/A subdivision, 4160 42nd Avenue S Lake Worth FL is a Single Family for sale in Lake Worth, FL, 33463. It is listed for $650,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Lake Worth is $306. The average listing price for Single Family in Lake Worth is $755,953. To schedule a showing of MLS#r11137083 at 4160 42nd Avenue S in Lake Worth, FL, contact your Stonecrest International Realty agent at 561-707-9933.
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