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4160 42nd Avenue South 0.91 Acres of Residential Land Offered at $890,766 CAD in Lake Worth Beach, FL 33461
Investment Highlights
- Shovel-Ready Opportunity – Skip Lengthy Entitlement Process ?? Located in High-Demand Rental Market (Palm Beach County)
- Strong Upside Potential for Build-to-Rent or Resale Strategy
- Rare opportunity to acquire a fully entitled 10-unit multifamily site in one of Palm Beach County’s fastest-growing rental corridors
Executive Summary
Approved 10-Unit Multifamily Development Opportunity – Lake Worth, FL
Exceptional opportunity to acquire a ±0.91-acre multifamily development site in a rapidly growing area of Lake Worth, Palm Beach County. The property is zoned RM (Multifamily Residential) and includes an approved site plan for 10 residential units, offering immediate development potential.
This site presents a rare chance for developers to bypass lengthy entitlement timelines and move directly toward construction. With strong rental demand and continued population growth in the surrounding area, this project is well-positioned for long-term cash flow or resale.
Strategically located near major roadways, employment centers, retail, and schools, the property offers excellent accessibility and convenience for future residents.
Rare opportunity to acquire a fully entitled 10-unit multifamily site in one of Palm Beach County’s fastest-growing rental corridors — ready for immediate development.
Exceptional opportunity to acquire a ±0.91-acre multifamily development site in a rapidly growing area of Lake Worth, Palm Beach County. The property is zoned RM (Multifamily Residential) and includes an approved site plan for 10 residential units, offering immediate development potential.
This site presents a rare chance for developers to bypass lengthy entitlement timelines and move directly toward construction. With strong rental demand and continued population growth in the surrounding area, this project is well-positioned for long-term cash flow or resale.
Strategically located near major roadways, employment centers, retail, and schools, the property offers excellent accessibility and convenience for future residents.
Rare opportunity to acquire a fully entitled 10-unit multifamily site in one of Palm Beach County’s fastest-growing rental corridors — ready for immediate development.
Property Facts
| Price | $890,766 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.91 AC |
| Property Type | Land | ||
| Zoning | Zoned RM - Zoned RM (Multifamily Residential) | ||
| Price | $890,766 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.91 AC |
| Zoning | Zoned RM - Zoned RM (Multifamily Residential) |
1 Lot Available
Lot
| Price | $890,766 CAD | Lot Size | 0.91 AC |
| Price Per AC | $978,864.26 CAD |
| Price | $890,766 CAD |
| Price Per AC | $978,864.26 CAD |
| Lot Size | 0.91 AC |
±0.91-acre multifamily-zoned (RM) development site located in Lake Worth, Palm Beach County. The property includes an approved site plan for 10 residential units, offering a shovel-ready opportunity for immediate development.
Fairly walkable
50/100
Moderately drivable
70/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 00-42-44-25-00-000-1040 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $323,932 CAD |
Property Taxes
Parcel Number
00-42-44-25-00-000-1040
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$323,932 CAD
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4160 42nd Avenue South
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