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    4160 42Nd Ave S Lake Worth, FL 33463

    For Sale
    $689,000

    Multi-Family High De, Commercial Land - Lake Worth, FL

    Lot size:
    0.91 Acres
    Days on Market:
    35
    Last Refresh:
    Dec 8 at 11:06 am

    Property Features for 4160 42Nd Ave S

    General Information

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

    Building Details

    Architectural style
    Other

    Partnership Realty Inc. (561) 355-0270 [email protected]

    Listing agent Julian Prieto Avila (561) 355-0270

    Listing date Nov 4, 2025

    MLS# RX-11137083 Listing URL

    Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Worth Multifamily Development Opportunity

    This property presents an exceptional development opportunity in Palm Beach County. The site plan is approved for the construction of 10 multifamily units, comprising 8 units with 2 bedrooms and 2 bathrooms each, and 2 units with 1 bedroom and 1.5 bathrooms each. The project has already secured zoning approval and is awaiting final Transfer of Development Rights (TDR) documentation and administrative signatures, positioning it to enter the building permit phase. Situated in a rapidly expanding rental market area, this 0.91-acre property offers significant potential for investors and builders seeking a shovel-ready project with strong returns. The zoning is designated as RM--MULTI-FAMILY.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Worth
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.108746
    Latitude
    26.615819

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    FAQs

    What type of property is this?
    Land - Approved site plan for 10 multifamily units in Lake Worth.
    Where is this land located?
    The property is located at 4160 42Nd Ave S Lake Worth, FL.
    What is the asking price?
    The asking price for this property is $689,000.
    What are key features of this property?
    This property features: - Site plan approved for 10 multifamily units, including 8 two-bedroom and 2 one-bedroom units.; - Zoning approval received, pending final documentation.; - Shovel-ready project: ready for the building permit phase.
    (561) 355-0270
    Request Owner's contact information
    4160 42Nd Ave S Lake Worth, FL 33463
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    Lake Worth, FL 33463
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4160 42Nd Ave S Lake Worth, FL 33463
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