Lake Worth, FL 33461 5321 Maine Street
$2,600,000
Presented By: KW Innovations
Home Details
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!
Presented By: KW Innovations
Interior Features for 5321 Maine Street
Bathrooms
Total Baths
General for 5321 Maine Street
CityLake Worth
Contingency3rd Party Approval
CountyPalm Beach
Current UseMulti-Family
Development StatusSite Plan Filed
DirectionsNorth on Military until Maine street.
Electric3 Phase
Facing DirectionWest
Legal Description25-44-42~ E 385 FT OF W 420 FTOF S 224.06 FT OF N 672.18 FT OF W 3/4 OF N 1/4 OF SE 1/4 (LESS N 10 FT RD R/W & WLY 13 FT
Lot Size Square Feet109588
MLS Area5730
PossessionClose Of Escrow, Negotiable
Possible UseCommercial
PostalCityLake Worth
Property Sub Type AdditionalUnimproved Land
Property SubtypeUnimproved Land
Property TypeLand
SewerPublic Sewer
Standard StatusActive Under Contract
StatusActive Under Contract
Subdivision NameNone
Tax Annual Amount6855.01
Tax Year2024
UtilitiesElectricity Available, Sewer Available
Exterior for 5321 Maine Street
Lot Features1-2 Acres, Cleared, City Lot, Rural Lot
Lot Size Acres2.52
Road Frontage TypeCounty Road
Road ResponsibilityPublic Maintained Road
VegetationNone, Other
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Claudia Iturri
Realtor®
