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Matthew Gromadzki
International Real Estate
Matthew Gromadzki
+1 (786) 370-8570[email protected]
Gromadzki International Real Estate · Miami, FL
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4160 42ND Avenue S, Lake Worth, FL 33461

$650,000— Beds0 Baths

Lake Worth, FL 33461 · N/A

Status
Active
Type
Agriculture
Year Built
—
Days on Market
44
MLS #
B26078789

About This Home

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.

Building & Association

Association
No

Lot & Construction

Lot Features
1/2 To Less Than 3/4 Acre Lot, Less Than 1 Acre
Lot Size Square Feet
0
Waterfront
Yes
View
No
Exterior Features
None
New Construction
No

Public Records

Parcel Number
00424425000001040
Tax Annual Amount
$3,893
Tax Year
2,025
Zoning
RM-5
County Or Parish
Palm Beach County

Location

Matthew Gromadzki
Matthew Gromadzki
Broker
+1 (786) 370-8570
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4160 42ND Avenue S, Lake Worth, FL 33461

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