Lake Worth No HOA, 5321 Maine St

2.52
Acre
Status
Backup
A backup offer is when a home seller has accepted an offer from a buyer, but is still accepting offers from other buyers. Sellers state that they are accepting backup offers if they think the current offer may fall through.
Size
2.52 Acres (10,181 m2)
Price
$1,031,746/Acre ($255/m2)
Type
Land
MLS Number
R11058271
On Site
506 Days
Updated
75 Days ago
Page Views
0
Prime Multi-Family Development Opportunity - 5321 Maines Street This 1.81-acre lot is zoned Multi-Family Urban Fill, making it a prime investment for high-density residential development. The site comes with an approved site plan for 88 one-bedroom, one-bat... Read more

Features

All features
  • Current Use: MultiFamily
  • Approx SqFt Total Area: 109588
  • Property SqFt: 109588
  • Remarks: Prime Multi-Family Development Opportunity - 5321 Maines Street This 1.81-acre lot is zoned Multi-Family Urban Fill, making it a prime investment for high-density residential development. The site comes with an approved site plan for 88 one-bedroom, one-bathroom units and 4 two-bedroom, one-bathroom units, maximizing its potential. Located in a rapidly growing urban area, this property offers excellent access to amenities and infrastructure. A rare opportunity for developers seeking a turnkey project in a strong rental market!
  • Internet Remarks: Prime Multi-Family Development Opportunity - 5321 Maines Street This 1.81-acre lot is zoned Multi-Family Urban Fill, making it a prime investment for high-density residential development. The site comes with an approved site plan for 88 one-bedroom, one-bathroom units and 4 two-bedroom, one-bathroom units, maximizing its potential. Located in a rapidly growing urban area, this property offers excellent access to amenities and infrastructure. A rare opportunity for developers seeking a turnkey project in a strong rental market!
  • Waterfront: No info
  • Directions: West
  • Days on Market: 178
  • Office Name: KW Innovations
  • Taxes: 6855.01
  • Tax Year: 2024
  • Listing Date: 2025-02-01T19:00:00.000-00:00
  • Lot Size Square Feet: 109588

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Price History

Date
Event
Price
Change
Price Per
02/02/2025
Listed
$2.6M
 
$24 ft2
$255 m2
02/02/2025
$2.6M
Event
Listed
Price Per
$24 ft2
$255 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Ahmed Abdeldayem PAKW Innovations • Buyer Agency Compensation .

Listing Location & Street View
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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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