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1141 Peak Road, Lake Worth FL 33462

Commercial For Sale
$159,900

BTC: 2.50039093

ETH: 84.04112181

-$15K (2026/07/27)
36 days
0 room(s)

Overview

Rare opportunity to own a vacant RM-zoned multifamily lot in the heart of Lake Worth! This 4,000 SF parcel offers excellent development potential for investors, builders, and developers seeking a prime infill location. Situated in the established Ridge Grove community, the property is conveniently located east of I-95 and just minutes from downtown Lake Worth, the Intracoastal Waterway, beaches, shopping, dining, and major transportation routes. Flood Zone X for added peace of mind. Multifamily zoning provides flexibility and future upside in a growing area. Don't miss the chance to secure land in one of Palm Beach County's most desirable redevelopment corridors. Buyer to verify all zoning, density, and development requirements.

Location

Florida • Lake Worth • 33462 • Commercial • For Sale

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.09 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$874,000
$157K – $26.5M
Confidence Low
List vs. estimate
$714K below estimate
List $159,900 · -81.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
16 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $250K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,066
2025
View
Other, Other Water View
All facts and features

  • Property

    • Exterior Features: West Of Us1 / None

    Lot

    • Lot: 0.09 Acres

    Other Property Information

    • Parcel Number: 00434509090002620

    • Zoning: RM

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Agriculture

  • Utility

    • Electricity Connected

    • Phone Connected

    • Sewer Connected

    • Water Connected

    • Electricity Available

    • Phone Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $1,066

  • Source details

    • MLS ID: B26045653

    Other facts

    • Lot Features: City Location / Inside Lot / Other Location / Shopping Center / Other Soil Type / Less Than 1/4 Acre Lot / Less Than 1 Acre / West Of US 1 / Cleared Land / Cleared

    • Direction Faces: East

    • Water Source: Public

    • Lot Size Dimensions: 100x40

    • Subdivision Name: RIDGE GROVE ADD 1,Ridge Grove

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33462
237
median $375K
Active
Same city
Lake Worth
674
median $449K
Active
Same type
Commercial
19
median $2.6M
Active
Similar price
$111K – $207K
131
median $159K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CENTURY 21 Tenace Realty