Land in Lake Worth, FL 33461Lake Worth No HOA, 4160 42nd Ave S
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OFF MARKET
0.91
AcreStatus
OFF MARKETExpired
Size
0.91 Acres (3,697 m2)
Price
$714,286/Acre ($176/m2)
Type
Land
MLS Number
R11137083
On Site
317 Days
Updated
14 Days ago
Page Views
0
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.
Features
All features
- Current Use: MultiFamily
- Approx SqFt Total Area: 39795
- Property SqFt: 39795
- Remarks: 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.
- Internet Remarks: 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.
- Waterfront: No info
- Directions: South
- Days on Market: 274
- Office Name: Partnership Realty Inc.
- Taxes: 3890
- Tax Year: 2025
- Listing Date: 2025-11-01T13:33:14.000-00:00
- Lot Size Square Feet: 39795
Apples-to-Apples Comparables
Price History
Current
$650K
High
$689K
Low
$650K
Total Change
-5.7%Date
Event
Price
Change
Price Per
03/17/2026
Price Reduced
$650K
-2.99%$16 ft2
$176 m2
03/16/2026
Price Reduced
$670K
-2.76%$17 ft2
$181 m2
01/14/2026
Listed
$689K
$17 ft2
$186 m2
03/17/2026
$650K
Event
Price Reduced
Change
-2.99%Price Per
$16 ft2
$176 m2
03/16/2026
$670K
Event
Price Reduced
Change
-2.76%Price Per
$17 ft2
$181 m2
01/14/2026
$689K
Event
Listed
Price Per
$17 ft2
$186 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Julian Prieto Avila • Partnership Realty Inc. • Buyer Agency Compensation .
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Scores
61
100
45
100
72
100
0
100
36
100
0
100
Community Snapshot
$675K – $2.6M
Price Tier
672 - 5,824
SqFt Range
1973
Year Build
1
Total Floors
Subdivision Amenities
None
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