4160 42nd Avenue S Lake Worth FL 33463

Address
4160 42nd Avenue S, Lake Worth, FL
Price
$ 650,000
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

Price
AVG $1.08M
$650K
Taxes
AVG $5,340
$3,890

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