0 Baths

$650,000

4160 42ND Avenue S, Lake Worth FL, 33461

Property typeLand

Courtesy of Julian Prieto Avila with Partnership Realty Inc.

Overview

Active

Listed Sep 21, 2026

Updated 40h ago

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.

Other Property Details

Taxes: $3,893
Tax Frequency: Annually
Waterfront: Yes

Courtesy of Partnership Realty Inc., Julian Prieto Avila,
Listing Contact: 561-631-4297

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 10/31/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 4:07 AM UTC, 10/31/2026