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.
Listed By
Agency Name: Partnership Realty Inc.
Agency Phone: 561-355-0270
Shown By
Agent Name: Boaz Asmon
Agent Phone: Cell: (954) 812-8860
Agency Title: Realty 100
Estimated Payment
$ 1,960.62 per month $1,446.62 Principal & Interest $324.42 Property Tax $189.58 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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4160 42nd Avenue S | MLS# B26078789
This land located at 4160 42nd Avenue S, Lake Worth, FL 33461 is currently listed for sale with an asking price of $650,000. The property has approximately 0.91 Acres. Search Lake Worth real estate on basmon.realty100.com today.