logo
Properties
Explore our listings
Buy
Listings for sale
Rent
Listings for rent
Explore
Neighborhoods, buildings & trends
Neighborhoods
Check neighborhoods information
Buildings
Check buildings information
Pre-Construction
New developments on sale
Market Trends
Monthly market data & analysis
Resources
Blog, tools & guides
Blog
Articles & guides
Tax Calculator
Compare tax savings
Property Tax Calculator
Estimate your annual tax
Sell Your Home
Get a free home valuation
Contact
Tell us about your needs
Language
Change website language
English
Русский
Español
中文(简体)
Sign In
Sign in or register

4160 42nd Avenue S, Lake Worth FL 33463

Commercial For Sale
$650,000

BTC: 10.08142691

ETH: 341.63057646

-$39K (2026/03/17)
268 days
0 room(s)

Overview

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.

Location

Florida • Lake Worth • 33463 • Commercial • For Sale

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$385,000
$175K – $2.1M
Confidence Low
List vs. estimate
$265K above estimate
List $650,000 · +68.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
15 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $11.0M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,890
2025
All facts and features

  • Lot

    • Lot: 0.91 Acres

    Other Property Information

    • Parcel Number: 00424425000001040

    • Zoning: RM—MULTI-FAMILY

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Agriculture

  • Utility

    • Sewer Connected

    • Water Connected

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $3,890

  • Source details

    • MLS ID: R11137083

    Other facts

    • Lot Features: County Location / 1/2 To Less Than 3/4 Acre Lot / Less Than 1 Acre / Cleared Land / Cleared

    • Direction Faces: South

    • Water Source: Public

    • Lot Size Dimensions: 262x151

    • Subdivision Name: N/A

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.

More like this

For Sale
$498,000
House
3 bds · 2 ba · 1,218 sqft
LAKE OSBORNE ESTATES, Lake Worth
1427 Crest Dr, Lake Worth FL 33461
For Sale
$469,900
House
4 bds · 2 ba · 1,453 sqft
LEE ESTATES 4, Lake Worth
5584 Priscilla Lane, Lake Worth FL 33463
New
For Sale
$495,000
House
3 bds · 2 ba
Lees Crossing 01, Green Acres
5511 BARNSTEAD CIR, Green Acres FL 33463
New
For Sale
$459,000
House
3 bds · 2 ba · 1,622 sqft
WINSTON TRAILS PAR 11, Lake Worth
5655 LA QUINTA Court, Lake Worth FL 33463
New
For Sale
$509,000
House
2 bds · 2 ba · 1,750 sqft
ATLANTIS,YORKTOWNE VILLAS, Atlantis
362 Yorktowne Circle, Atlantis FL 33462
New
For Sale
$460,000
House
3 bds · 2 ba · 1,417 sqft
HOMES OF LEES CROSSING 4, Lake Worth
6134 E Wauconda Way E, Lake Worth FL 33463
New
For Sale
$635,000
House
3 bds · 2 ba · 1,417 sqft
EDGEWATER PARK, West Palm Beach
2395 Edgewater Drive, West Palm Beach FL 33406
New
For Sale
$690,000
House
2 bds · 2 ba · 1,152 sqft
ERIE TERR, Palm Springs
1672 ERIE Terrace, Palm Springs FL 33406

Market around this address

Live counts in the same area.
View all
This zip
33463
257
median $335K
Active
Same city
Lake Worth
664
median $449K
Active
Same type
Commercial
19
median $2.6M
Active
Similar price
$455K – $845K
220
median $580K
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: Partnership Realty Inc.