4160 42nd S Avenue

Highlights:

• Lot Features: County Location, 1/2 To Less Than 3/4 Acre Lot, Less Than 1 Acre, Cleared Land, Cleared
• Bathrooms Total: 0
• Documents Available: Bore Test, Plans Available, Survey Available

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.

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Listing ID: R11137083