4160 42nd Avenue
Lake Worth, FL 33463
0.91Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Lot Information
Lot Dimensions: 262x151 Lot Size Acres: 0.91 Lot Size Square Feet: 39,795 Lot Description: Cleared,RuralLotProperty Information
Subdivision: N/A Source Property Type: Land Property SubType: Unimproved Land Direction Faces: South
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Listing Price Information
Listing Price: $650000Original Price: $689000Cash, Conventional
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Tax Information
Parcel Number: 00424425000001040 Tax Year: 2025 Annual Tax: $3890 Tax Legal Desc: 25-44-42, E 1/2 OF W 1/2 OF SW1/4 OF NE 1/4 OF NE 1/4 (LESS S 340 FT, N 70 FT CNL & W 15 FT 42ND AVE S R/W)
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School Information
Elementary School: Diamond View Junior High School: Tradewinds Senior High School: Lake Worth -
Utility Information
SewerAvailable, WaterAvailable -
Location Information
Direction: From I-95, take the 10th Avenue North exit and head west.Turn left (south) onto Kirk Road. Turn right onto 42nd Avenue South — the property will be on your right-hand side, just west of Kirk Road WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6000 Canal Drive, Lake Worth, FL, 33463 | $7,999,990 | -- | -- | -- | 382,892 Sqft(Lot) |
| 6285 S Military Trail, Lake Worth, FL, 33463 | $4,500,000 | -- | -- | -- | 241,758 Sqft(Lot) |
| 3716 Elaine Drive, Lake Worth, FL, 33463 | $675,000 | -- | -- | -- | 51,401 Sqft(Lot) |
| 5800 Canal Drive # Lot 1, Lake Worth, FL, 33463 | $999,900 | -- | -- | -- | 14,922 Sqft(Lot) |
| 5528 Canal Dr, Lake Worth, FL, 33463 | $5,799,000 | -- | -- | -- | 14,000 Sqft(Lot) |
| 4599 Clinton Boulevard, Lake Worth, FL, 33463 | $520,000 | -- | -- | -- | Acres (Lot)-- |
| 4675 Springfield Street, Lake Worth, FL, 33463 | $720,000 | -- | -- | -- | Acres (Lot)-- |
| 7235 Saddle Road, Lake Worth, FL, 33463 | $799,000 | -- | -- | -- | Acres (Lot)-- |
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ByOwner last updated this listing 06/19/2026 @ 14:06
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