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    Lake Worth Multifamily Development Site

    4160 42nd Avenue S Lake Worth, FL 33463

    Claim this Listing
    For Sale
    $650,000

    COMMERCIAL - Lake Worth, FL

    Lot size:
    0.91 Acres
    Added:
    Oct 29, 2025
    Days on Market:
    259
    Last Refresh:
    Jul 14 at 10:06 am

    Property Features for 4160 42nd Avenue S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    RM-MULTI-FAMILY
    Vegetation
    Grassed
    Standard status
    Active
    APN
    00424425000001040
    Lot size
    0.91 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax 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)
    Tax Annual Amount
    3890

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public

    Listing agent Julian Prieto Avila License #3533346

    Listing office Partnership Realty Inc. 1663 S Congress Avenue, West Palm Beach, FL

    Listing date Oct 29, 2025

    MLS# R11137083 Listing URL

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    This 0.91-acre multifamily development site is located in Lake Worth Beach. It features an approved site plan for a 10-unit, 2-story multifamily residential project. Zoned RM (Medium Density Multifamily) with Future Land Use MR-5, the property allows for various residential development strategies. Approved plans include 10 residential units, 23 parking spaces, a recreation area, and designed site infrastructure, which reduces the 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.

    Key Highlights

    • Approved site plan for a 10‑unit multifamily residential project significantly reduces entitlement timeline and development risk.
    • 0.91 acre multifamily development site in Lake Worth Beach.
    • Zoned RM (Medium Density Multifamily) with Future Land Use MR‑5, allowing various residential development strategies.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility Furniture & Home Goods Catering Service Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Residential land & home lot - 0.91 acre multifamily development site with approved plans.
    Where is this residential land & home lot located?
    The property is located at 4160 42nd Avenue S Lake Worth, FL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Approved site plan for a 10‑unit multifamily residential project significantly reduces entitlement timeline and development risk.; 0.91 acre multifamily development site in Lake Worth Beach.; Zoned RM (Medium Density Multifamily) with Future Land Use MR‑5, allowing various residential development strategies.
    Contact an agent
    (561) 631-4297
    We can help!
    Contact an agent
    Julian Prieto Avila
    Real Estate License ID: 3533346
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