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About This Home
This 0-bedroom, 0-bathroom commercial at 4160 42nd Avenue S in Lake Worth, FL is listed for $650,000. on a 0.91 acres lot.
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.
Key Features
- 0.91 acre lot
Monthly Cost Estimate
$3,476/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4160 42nd Avenue S
Lake Worth, FL 33463
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 4160 42nd Avenue S is listed at $650,000. The estimated monthly payment is $2,817 based on 20% down at 6.5% interest.
Key features include: 0.91 acre lot.
This property is listed by Julian Prieto Avila and can be reached at 5616314297 or Julianp86@hotmail.com.
