4160 42nd Avenue S, Lake Worth FL 33463

Description

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.

This agriculture home located at 4160 42nd Avenue S, Lake Worth FL 33463 is currently for sale and has been available on Brickellsold for 237 days. This property is listed at $650K. It has N/A beds, N/A bathrooms, and is N/A square feet. 4160 42nd Avenue S, Lake Worth FL 33463 is in Lake Worth county Palm Beach County.