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Multi-Family Development Land
For Sale
$2,600,000
Pending

5321 Maine St, Lake Worth, FL 33461

Multi-family zoned land with an approved site plan for 92 residential units on one tract.

Property SizeContact for details
Lot Size1.81 Acres
Days on Market60

Property Features for 5321 Maine St

General Information

Standard status Pending
Lot size 1.81 Acres
Property subtype Commercial
Zoning Multi-Family Urban Fill

Additional Details

Multifamily Units 92

Taxes and HOA fees

Annual Taxes $6,855
Listing Agency: Realty professionals of Boynton Beach, LLC
Listed By: Ahmed Ribhi Abdeldayem PA · License #3309101
Source: Elliman
Added: Jun 15 Changed: Aug 8 Last Checked: Aug 8 at 7:44AM

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 Realty professionals of Boynton Beach, LLC

Investment Insights

Based on property information with market context.

This is a 1.81-acre development parcel zoned Multi-Family Urban Fill. The property includes an approved site plan for 88 one-bedroom, one-bathroom units and 4 two-bedroom, one-bathroom units, providing a clear starting point for a multi-family buildout.

The site is located at 5321 Maine St in Lake Worth, Florida 33461. Public remarks indicate the area has access to nearby amenities and infrastructure, and the site is described as car-dependent with a bike score of 41 and a walk score of 12.

For developers or land buyers seeking a multi-family project with planning already established, the approved unit mix supports a straightforward path to permitting and design work tied to the existing plan. The land’s multi-family zoning and documented site plan are the core fundamentals for evaluating this tract for a high-density residential development.

Key Highlights

  • 1.81‑acre lot at 5321 Maines Street zoned Multi‑Family Urban Fill
  • Approved site plan for 88 one‑bedroom, one‑bath units and 4 two‑bedroom, one‑bath units
  • Total approved residential unit count: 92 units on one tract

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Daycare Center Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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

Lease Details

92
Residential units

Location Intelligence

Trade Area within ½ mile

373
Businesses Nearby

Demographics for 33461, FL

47,161
Population
18,095
Households
2.6
Avg Household Size
36
Median Age
17%
College-Educated
75%
High-School Grad
7.1 sq mi
ZIP Area
6,642
Density / Sq Mi
$61,218
Median Household Income
$31,503
Median Earnings
$1,615
Median Rent
$263,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Multi-family zoned land with an approved site plan for 92 residential units on one tract.
Where is this residential land & home lot located?
The property is located at 5321 Maine St Lake Worth, FL.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 1.81‑acre lot at 5321 Maines Street zoned Multi‑Family Urban Fill; Approved site plan for 88 one‑bedroom, one‑bath units and 4 two‑bedroom, one‑bath units; Total approved residential unit count: 92 units on one tract
More about this property
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