Listing Agency: Realty professionals of Boynton Beach, LLC a***@aracp.com Show Phone

Listed By: Ahmed Ribhi Abdeldayem PA · License #3309101 Show Phone

Source: Elliman

Added: Nov 27, 2025 Changed: Jul 6 Last Checked: Jul 23 at 10:53AM

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Investment Insights

Based on property information with market context.

This 1.41-acre property is located in central Lake Worth. The site consists of two parcels zoned MR-5, making it suitable for multi-family development. The property was previously approved for 8 townhomes. It offers an opportunity for investors or developers looking to build in a sought-after location. The parcel benefits from close proximity to local amenities and easy access to major roads, positioning it for residential growth.

Key Highlights

• 1.41‑acre property in central Lake Worth
• Zoned MR‑5, ideal for multi‑family development
• Previously approved for 8 townhomes

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Law Firm Real Estate Agency Pharmacy Gym & Fitness Center Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,177

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

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Frequently Asked Questions

What type of property is this?

Land - 1.41-acre property zoned MR-5, ideal for multi-family development.

Where is this land located?

The property is located at 3716 Elaine Dr Lake Worth, FL.

What is the asking price?

The asking price for this property is $675,000.

What are key features of this property?

This property features: 1.41‑acre property in central Lake Worth; Zoned MR‑5, ideal for multi‑family development; Previously approved for 8 townhomes