Lake Worth No HOA, 4160 42nd Ave S

670,000-2.99%
$650,000
0.91
Acre
Status
Active
Size
0.91 Acres (3,697 m2)
Price
$714,286/Acre ($176/m2)
Type
Land
MLS Number
R11137083
On Site
234 Days
Updated
0 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 allo... Read more

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: 204
  • 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

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Price History

Current
$650K
High
$689K
Low
$650K
Total Change
5.7%
$693.7K$669.5K$645.3KJan 26Mar 26Mar 26
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 AvilaPartnership Realty Inc. • Buyer Agency Compensation .

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Community Snapshot
2 to 2 BR
Bedrooms
$460K to $675K
Price Tier
676 - 3,487
SqFt Range
1963
Year Build
1
Total Floors
N/A
Total Units
N/A
Total Sales

Lake Worth
Entry-Level
Entry-Level Homes & Condos

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