4160 42nd Avenue S, Lake Worth FL 33463

Description of 4160 42nd Avenue S, Lake Worth FL 33463

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.

Property Details for 4160 42nd Avenue S, Lake Worth FL 33463

Pool Private

No

Direction Faces

South

Building Information for 4160 42nd Avenue S, Lake Worth FL 33463

Building Area Units

Square Feet

Association

No

Property Information for 4160 42nd Avenue S, Lake Worth FL 33463

Lot Features

County Location, 1/2 To Less Than 3/4 Acre Lot, Less Than 1 Acre, Cleared Land, Cleared

Lot Size Square Feet

0

Waterfront

No

Frontage Length

262

View

No

Sewer

At Site, Public Sewer, Other, Public Sanitation, Sewer

Water Source

Public

New Construction

No

Public Records for 4160 42nd Avenue S, Lake Worth FL 33463

Parcel Number

00424425000001040

Tax Annual Amount

$3,890

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—MULTI-FAMILY

County Or Parish

Palm Beach County

Schools Near 4160 42nd Avenue S, Lake Worth FL 33463

Elementary School

Diamond View

Middle School

Tradewinds

High School

Lake Worth

School assignments are provided by the listing and should be independently verified.

Location