Lake Worth, FL 33463 4160 42nd Avenue S
$650,000
4 more
Presented By: Partnership Realty Inc.
Home Details
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.
Presented By: Partnership Realty Inc.
Interior Features for 4160 42nd Avenue S
Bathrooms
Total Baths
General for 4160 42nd Avenue S
Additional Parcels Y/NNo
CityLake Worth
CountyPalm Beach
Current UseMultiFamily
Development StatusRawLand, SitePlanApproved
DirectionsFrom I-95, take the 10th Avenue North exit and head west.Turn left (south) onto Kirk Road. Turn right onto 42nd Avenue South — the property will be on your right-hand side, just west of Kirk Road
DisclosuresOwnerIsListingAgent
Elementary SchoolDiamond View
Facing DirectionSouth
High SchoolLake Worth
Legal Description25-44-42, E 1/2 OF W 1/2 OF SW1/4 OF NE 1/4 OF NE 1/4 (LESS S 340 FT, N 70 FT CNL & W 15 FT 42ND AVE S R/W)
Lot Size Square Feet39795
MLS Area5700
Middle/Junior High SchoolTradewinds
PossessionCloseOfEscrow
Possible UseCommercial, Residential
PostalCityLake Worth
Property Sub Type AdditionalUnimprovedLand
Property SubtypeUnimprovedLand
Property TypeLand
SewerPublicSewer
Standard StatusActive
StatusActive
Subdivision NameN/A
Tax Annual Amount3890
Tax Year2025
UtilitiesSewerAvailable, WaterAvailable
Virtual TourClick here
Exterior for 4160 42nd Avenue S
Lot Dimensions262x151
Lot FeaturesCleared, RuralLot
Lot Size Acres0.91
Road ResponsibilityPublicMaintainedRoad
Road Surface TypePaved
VegetationGrassed, None, Pine
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Lake Worth High School
Elementary School
Diamond View Elementary School
Anthony Rodriguez
Realtor®
