Lake Worth Multifamily Development
For Sale
$650,000
4160 42nd Avenue S, Lake Worth, FL 33463
Land & Docks, Lake Worth, FL
Property SizeContact for details
Lot Size0.91 Acres
Days on Market305
Property Features for 4160 42nd Avenue S
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RM-MULTI-FAMILY
Vegetation
Grassed
Lot features
Cleared
Elementary school
Diamond View
Middle school
Tradewinds
High school
Lake Worth
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
Subdivision
5700
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
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)
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Partnership Realty Inc.
(561) 355-0270
Listed By:
Julian Prieto Avila · License #3533346
(561) 631-4297
Added: Oct 29, 2025
Changed: Aug 19
Last Checked: Aug 29 at 3:06PM
MLS# R11137083
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
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
902
Businesses Nearby
Explore this area
Business Placement
Demographics for 33463, FL
64,608
Population
22,696
Households
2.8
Avg Household Size
37
Median Age
25%
College-Educated
82%
High-School Grad
10.8 sq mi
ZIP Area
5,982
Density / Sq Mi
$68,697
Median Household Income
$34,846
Median Earnings
$1,721
Median Rent
$326,600
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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.
