5321 Maine Street Lake Worth FL 33461
Property Attributes
- MLS#R11058271
- TypeLand
- Listing Status Active Under Contract
- CountyPalm Beach
- CityLake Worth
- Area5730
- NeighborhoodNone
- Zip33461
- Style
- Taxes$ 6855
- Price$ 2,600,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size2.52 Acres
Data Source:
Beaches MLS (FL)
Property Description
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!
| Price History | |
|---|---|
| 1/15/2026 | Listed $2,600,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Electricity Available,Sewer Available |
| Possession | Close Of Escrow,Negotiable |
| Development Status | Site Plan Filed |
| Electric | 3 Phase |
| Property Subtype | Unimproved Land |
| Tax Year | 2024 |
| Current Use | Multi-Family |
| County | Palm Beach |
| Property Type | Land |
| Contingency | 3rd Party Approval |
| Subdivision Name | None |
| Facing Direction | West |
| Possible Use | Commercial |
| Status | Active Under Contract |
| Directions | North on Military until Maine street. |
| City | Lake Worth |
| MLS Area | 5730 |
| Lot Size Square Feet | 109588 |
| Tax Annual Amount | 6855.01 |
| Standard Status | Active Under Contract |
| Property Sub Type Additional | Unimproved Land |
| PostalCity | Lake Worth |
| Legal Description | 25-44-42~ 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 |
Exterior Features
| Vegetation | None,Other |
|---|---|
| Lot Features | 1-2 Acres,Cleared,City Lot,Rural Lot |
| Lot Size Acres | 2.52 |
| Waterfront Y/N | false |
| Road Frontage Type | County Road |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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