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4160 42nd Avenue South - Shovel-Ready MFR Development Lot • Terrain commercial • 0,91 Acres • 903 675 $ CAD • Lake Worth Beach, FL 33461
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- 4160 42nd Avenue S is an approved 10-unit multifamily project, allowing developers to bypass entitlement timelines and move quickly into construction.
- Efficient site plan includes a recreation area and parking for up to 23 vehicles, supporting strong operational performance and tenant satisfaction.
- Infill Lake Worth Beach location benefits from dense population growth, strong renter demand, and proximity to major retail and employment centers.
- Modern two-story design with an 80% three-bedroom unit mix is positioned to attract stable, long-term tenants, compared to standard unit mixes.
- Flexible development profile supports strong upside potential through a build-to-rent strategy, condominium sell-out, or stabilized resale option.
Résumé de l'annonce
Positioned at 4160 42nd Avenue S in Lake Worth Beach, this approved 10-unit multifamily project presents a rare, build-ready opportunity on approximately 0.91 acres. Zoned RM (Residential Multifamily), the site offers immediate development potential, allowing buyers to avoid entitlement delays and move straight into construction.
The approved plans feature a modern, two-story building with a clean, contemporary façade and a well-designed unit mix of two two-bedroom/two-bath units and eight three-bedroom/two-bath units. With 80 % of the units configured as three bedrooms, the project attracts a more stable, long-term tenant base compared to typical studio or one-bedroom developments. Planned site amenities include a 50-foot by 50-foot recreation area and parking for up to 23 vehicles via a single-way loop off 42nd Avenue S, supporting strong functionality while maximizing income potential for long-term cash flow or future resale.
Surrounded by a mix of single-family and multifamily neighborhoods along the highly sought-after Lake Worth Road corridor, the property benefits from excellent access to major roadways, employment centers, retail, schools, and daily necessities. Nearby amenities include Publix, The Home Depot, Walgreens, Pollo Tropical, and more, enhancing overall livability and tenant appeal. The infill site is located west of Interstate 95, within a dense, growing residential area of Palm Beach County. Over 370,000 residents live within a 5-mile radius, with population growth projected through 2030 and renters accounting for roughly 40% of the local market, underscoring sustained multifamily demand.
Note: All financial data and projections are estimates based on current market conditions. The property is offered as-is with existing approvals, and buyers are responsible for verifying site plans, impact fees, and construction requirements with the City of Lake Worth and Palm Beach County.
The approved plans feature a modern, two-story building with a clean, contemporary façade and a well-designed unit mix of two two-bedroom/two-bath units and eight three-bedroom/two-bath units. With 80 % of the units configured as three bedrooms, the project attracts a more stable, long-term tenant base compared to typical studio or one-bedroom developments. Planned site amenities include a 50-foot by 50-foot recreation area and parking for up to 23 vehicles via a single-way loop off 42nd Avenue S, supporting strong functionality while maximizing income potential for long-term cash flow or future resale.
Surrounded by a mix of single-family and multifamily neighborhoods along the highly sought-after Lake Worth Road corridor, the property benefits from excellent access to major roadways, employment centers, retail, schools, and daily necessities. Nearby amenities include Publix, The Home Depot, Walgreens, Pollo Tropical, and more, enhancing overall livability and tenant appeal. The infill site is located west of Interstate 95, within a dense, growing residential area of Palm Beach County. Over 370,000 residents live within a 5-mile radius, with population growth projected through 2030 and renters accounting for roughly 40% of the local market, underscoring sustained multifamily demand.
Note: All financial data and projections are estimates based on current market conditions. The property is offered as-is with existing approvals, and buyers are responsible for verifying site plans, impact fees, and construction requirements with the City of Lake Worth and Palm Beach County.
Faits sur la propriété
| Prix | 903 675 $ CAD | Sous-type de propriété | Terrain commercial |
| Type de vente | Investissement | Utilisation proposée | Multi-résidentiel |
| Nombre de lots | 1 | Taille totale du lot | 0,91 AC |
| Type de propriété | Terrain | ||
| Zonage | RM - Multifamily Residential | ||
| Prix | 903 675 $ CAD |
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Utilisation proposée | Multi-résidentiel |
| Taille totale du lot | 0,91 AC |
| Zonage | RM - Multifamily Residential |
1 Lot disponible
Lot
| Prix | 903 675 $ CAD | Taille du lot | 0,91 AC |
| Prix par AC | 993 050,00 $ CAD |
| Prix | 903 675 $ CAD |
| Prix par AC | 993 050,00 $ CAD |
| Taille du lot | 0,91 AC |
4160 42nd Avenue S is a ±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.
Assez practicable à pied
50/100
Moyennement facile d'accès en voiture
70/100
Transports en commun très limités
10/100
Plutôt praticable en vélo
50/100
Impôts fonciers
| Numéro de lot | 00-42-44-25-00-000-1040 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 325 759 $ CAD |
Impôts fonciers
Numéro de lot
00-42-44-25-00-000-1040
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
325 759 $ CAD
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Présenté par
Constru American LLC
4160 42nd Avenue South - Shovel-Ready MFR Development
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