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5321 Maine Street, Lake Worth FL 33461

Commercial Active With Contract
$2,600,000

BTC: 41.33545310

ETH: 1,537.55174453

+$200K (2025/02/02)
178 days
0 room(s)

Overview

Prime Multi-Family Development Opportunity - 5321 Maines Street This 1.81-acre lot is zoned Multi-Family Urban Fill, making it a prime investment for high-density residential development. The site comes with an approved site plan for 88 one-bedroom, one-bathroom units and 4 two-bedroom, one-bathroom units, maximizing its potential. Located in a rapidly growing urban area, this property offers excellent access to amenities and infrastructure. A rare opportunity for developers seeking a turnkey project in a strong rental market!

Location

Details

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

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $11.0M
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$6,855
2024
All facts and features
  • Lot

    • Lot: 2.52 Acres

    Other Property Information

    • Parcel Number: 00424425000005380

    • Zoning: Urban Infill

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Agriculture

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Electricity Available

    • Sewer Available

  • Other financial information

    • Annual tax amount: $6,855

  • Source details

    • MLS ID: R11058271

    Other facts

    • Lot Features: City Location / County Location / 1 To Less Than 2 Acre Lot / Cleared Land / Cleared

    • Direction Faces: West

    • Subdivision Name: None

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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: KW Innovations