Multifamily Development Land
For Sale
$650,000
4160 42nd Avenue S, Lake Worth, FL 33463
Approved 10-unit multifamily site with planned parking, recreation area, and infrastructure for streamlined residential development.
Property SizeContact for details
Lot Size0.91 Acres
Days on Market52
Property Features for 4160 42nd Avenue S
General Information
Standard status
Active
Total Parking Spaces
23
Lot size
0.91 Acres
Property subtype
Land
Zoning
RMMULTI-FAMILY
Additional Details
Multifamily Units
10
Taxes and HOA fees
Annual Taxes
$3,890
Building Details
Stories
2
Listing Agency:
Partnership Realty Inc.
(561) 631-4297
Listed By:
Julian Prieto Avila · License #3533346
(561) 631-4297
Source:
Laerrealty
Added: Jul 7
Changed: Aug 8
Last Checked: Jul 7 at 8:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Partnership Realty Inc.
Investment Insights
Based on property information with market context.
This is a 0.91-acre multifamily development parcel in Lake Worth Beach with an approved site plan for a 10-unit, 2-story residential project. The submitted plan contemplates 23 parking spaces, a recreation area, and site infrastructure that has already been designed as part of the entitlement process.
The property is zoned RM (Medium Density Multifamily) and carries a Future Land Use designation of MR-5. The approved approvals support residential development strategies within the existing zoning parameters.
For developers and investors, the site offers a clear, worked-through starting point with an approved plan that can support building the 10-unit multifamily rental project. It also provides flexibility to explore alternate residential configurations within the same zoning framework, including redesigning into townhomes for individual sale. The engineered site infrastructure, parking layout, and recreation area included in the approved plan are intended to reduce early-stage planning delays and help focus development execution.
The property is zoned RM (Medium Density Multifamily) and carries a Future Land Use designation of MR-5. The approved approvals support residential development strategies within the existing zoning parameters.
For developers and investors, the site offers a clear, worked-through starting point with an approved plan that can support building the 10-unit multifamily rental project. It also provides flexibility to explore alternate residential configurations within the same zoning framework, including redesigning into townhomes for individual sale. The engineered site infrastructure, parking layout, and recreation area included in the approved plan are intended to reduce early-stage planning delays and help focus development execution.
Key Highlights
- 0.91‑acre multifamily development site in Lake Worth Beach with an approved site plan for a 10‑unit, 2‑story project
- Zoned RM (Medium Density Multifamily) with Future Land Use MR‑5, supporting residential development strategies
- Approved plans include 23 parking spaces and a recreation area
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 - Approved 10-unit multifamily site with planned parking, recreation area, and infrastructure for streamlined residential development.
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: 0.91‑acre multifamily development site in Lake Worth Beach with an approved site plan for a 10‑unit, 2‑story project; Zoned RM (Medium Density Multifamily) with Future Land Use MR‑5, supporting residential development strategies; Approved plans include 23 parking spaces and a recreation area
