
4160 42ND Avenue S, Lake Worth, FL 33461
Lake Worth, FL 33461 · N/A
About 4160 42ND Avenue S, Lake Worth, FL 33461
Rare development opportunity in Lake Worth Beach. 0.91 acre multifamily development site with an approved site plan for a 10-unit, 2-story multifamily residential project. The property is zoned RM (Medium Density Multifamily) with Future Land Use MR-5 and allows a variety of residential development strategies. Approved plans include 10 residential units, 23 parking spaces, recreation area, and site infrastructure already designed, significantly reducing entitlement timeline and development risk. This project offers multiple potential exit strategies for developers and investors, including building the approved 10-unit multifamily rental project, redesigning into townhomes for individual sale, or exploring alternative residential configurations within the existing zoning.
How This Listing Compares in Lake Worth
| This home | Lake Worth median (12 mo) | |
|---|---|---|
| Days on market | 11 | 43 |
Medians from closed MLS sales in Lake Worth; a starting point, not an appraisal.
Home Features at 4160 42ND Avenue S, Lake Worth, FL 33461
- Pool Private
- No
The Building at 4160 42ND Avenue S, Lake Worth, FL 33461
- Building Area Units
- Square Feet
- Association
- No
Lot, Views & Construction at 4160 42ND Avenue S, Lake Worth, FL 33461
- Lot Features
- 1/2 To Less Than 3/4 Acre Lot, Less Than 1 Acre
- Lot Size Square Feet
- 0
- Waterfront
- Yes
- Frontage Length
- 262
- View
- No
- Exterior Features
- None
- Sewer
- At Site, Public Sewer, Other, Public Sanitation, Sewer
- Water Source
- Public
- New Construction
- No
Taxes & Public Record for 4160 42ND Avenue S, Lake Worth, FL 33461
- Parcel Number
- 00424425000001040
- Tax Annual Amount
- $3,893
- Tax Year
- 2,025
- Tax Legal Description
- 25-44-42~ E 1/2 OF W 1/2 OF SW1/4 OF NE 1/4 OF NE 1/4 (LESS S 340 FT~ N 70 FT CNL & W 15 FT 42ND AVE S R/W)
- Zoning
- RM-5
- County Or Parish
- Palm Beach County
Assigned Schools for 4160 42ND Avenue S, Lake Worth, FL 33461
- Elementary School
- Diamond View
- Middle School
- Tradewinds
- High School
- Lake Worth
School assignments are provided by the listing and should be independently verified.
Map & Neighborhood
4160 42ND Avenue S, Lake Worth, FL 33461
Comparable Listings in Lake Worth
4160 42ND Avenue S, Lake Worth, FL 33461 at a Glance
Offered for sale in Lake Worth 33461, 4160 42ND Avenue S is a property with 0 bathrooms. The asking price is $650,000, on the market since September 21, 2026, with Partnership Realty Inc. as the listing brokerage. Students here are assigned to Diamond View, Tradewinds and Lake Worth. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.