4160 42nd Avenue S Lake Worth FL 33463
Property Attributes
- MLS#R11137083
- Type
- Listing Status Active
- CountyPalm Beach
- CityLake Worth
- Area5700
- NeighborhoodN/A
- Zip33463
- Style
- Taxes$ 3890
- Price$ 650,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.91 Acres
Data Source:
Beaches MLS (FL)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Diamond View Elementary School | Tradewinds Middle School | Lake Worth High School |
| Price History | |
|---|---|
| 4/9/2026 | Listed $650,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Utilities | SewerAvailable,WaterAvailable |
| Possession | CloseOfEscrow |
| Development Status | RawLand,SitePlanApproved |
| Property Subtype | UnimprovedLand |
| Tax Year | 2025 |
| Current Use | MultiFamily |
| County | Palm Beach |
| Property Type | Land |
| Subdivision Name | N/A |
| Facing Direction | South |
| Possible Use | Commercial,Residential |
| Status | Active |
| Directions | From 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 |
| High School | Lake Worth |
| City | Lake Worth |
| Disclosures | OwnerIsListingAgent |
| MLS Area | 5700 |
| Lot Size Square Feet | 39795 |
| Elementary School | Diamond View |
| Tax Annual Amount | 3890 |
| Middle/Junior High School | Tradewinds |
| Additional Parcels Y/N | false |
| Virtual Tour | https://www.propertypanorama.com/4160-42nd-Avenue-Lake-Worth-FL-33463/unbranded |
| Standard Status | Active |
| Property Sub Type Additional | UnimprovedLand |
| PostalCity | Lake Worth |
| Legal Description | 25-44-42, 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) |
Exterior Features
| Vegetation | Grassed,None,Pine |
|---|---|
| Lot Features | Cleared,RuralLot |
| Water Source | Public |
| Lot Dimensions | 262x151 |
| Lot Size Acres | 0.91 |
| Road Surface Type | Paved |
| Waterfront Y/N | false |
| Road Responsibility | PublicMaintainedRoad |
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
Property vs Average in 33463
In The Neighborhood
Ponte Vedra Beach
$ 7,000,000
- Type
- Lot Size
- 1.48 Acres
Haines City
$ 59,900
- Type
- Lot Size
- 1.27 Acres
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