Land in Lake Worth, FL 33461
Lake Worth No HOA, 5321 Maine St

Overview Features True Comps Price History Payment Location Similar Homes

$2,600,000

Estimate Payment $13,718 Closing Costs

Beds

2.52

Acre

$1,031,746

$/Acre

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!

MLS Number: R11058271

On Site: 610 Days

Updated: 2 Days ago

Page Views: 0

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: 2025-02-02T07:57:15.000-00:00
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 PA • KW Innovations • Buyer Agency Compensation .

Transit & Commute from Lake Worth No HOA

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Traffic score

Congested area. Frequent traffic delays

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Scores

Walk Score^®

Somewhat Walkable. Some errands can be accomplished on foot

100

Bike Score^®

Somewhat Bikeable. Minimal bike infrastructure

100

Sound Score^®

Very loud

100

Airport Score

Close to airports. Noticeable airport activity

100

Traffic Score

Congested area. Frequent traffic delays

100

Local Score

Limited local amenities nearby

100

$675K – $2.6M

Price Tier

672 - 5,824

SqFt Range

1973

Year Build

Total Floors

Subdivision Amenities

None

Land in Lake Worth, FL 33461Lake Worth No HOA, 5321 Maine St