4562 Davis Rd Lake Worth Beach, FL 33461
- Commercial real estate
- 1.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4562 Davis Rd
- Lot size
- 1.50 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.5-acre property in Lake Worth Beach, Florida, presents a rare development opportunity. Comprising two adjacent lots (PCN # 00434430010720030 and PCN # 00434430010720041), this land offers significant potential for various projects. Currently zoned RM HR MULTI-FAMILY (UNINCORPORATED), the site plan approval is pending, paving the way for a range of possibilities, including new condos, townhouses, apartment complexes, or single-family homes. Preliminary estimates suggest potential for 18+ units. Strategically located just blocks from the bustling Lake Worth Road and Melaleuca Lane intersection, this property enjoys convenient access to I-95 and the Florida Turnpike. Its proximity to new developments, restaurants, shopping centers, downtown areas, beaches, hospitals, airports, schools, and colleges adds to its appeal. The asking price is $995,000. This is a perfect investment for developers seeking a prime location with substantial upside potential in a thriving South Florida market. The address is 4562 & 4588 Davis Road, Lake Worth Beach, FL 33461.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Worth Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0972771
- Latitude
- 26.6093794
