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.
Lot/land
$650,000
4160 42nd Avenue S, Lake Worth, FL 33463
--beds
--baths
0.91Acres
Unimproved Land
Built in ----
0.91 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 194 days |
- 65 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Julian Prieto Avila 561-631-4297,
Partnership Realty Inc.
Source: BeachesMLS,MLS#: R11137083
Originating MLS: BeachesMLS
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 0.91 Acres
- Dimensions: 262 x 151
- Features: Cleared, Rural Lot
- Residential vegetation: Grassed, None, Pine
Details
- Parcel number: 00424425000001040
- Zoning: RM—MULTI-FAMILY
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lake Worth
Financial & listing details
- Tax assessed value: $236,376
- Annual tax amount: $3,890
- Date on market: 1/30/2026
- Cumulative days on market: 255 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,416/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/17/2026 | Price change | $650,000-3% |
Source: | ||
| 3/16/2026 | Price change | $670,000-2.8% |
Source: | ||
| 3/11/2026 | Listed for sale | $689,000+199.6% |
Source: | ||
| 3/18/2022 | Sold | $230,000 |
Source: eXp Realty #74761950 Report a problem | ||
| 7/1/2021 | Sold | $230,000+7% |
Source: | ||
| 10/4/2005 | Sold | $215,000+168.8% |
Source: Public Record Report a problem | ||
| 11/25/2003 | Sold | $80,000+79.8% |
Source: Public Record Report a problem | ||
| 6/3/2003 | Sold | $44,500+790% |
Source: Public Record Report a problem | ||
| 7/21/1998 | Sold | $5,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,893 -0.1% | $236,376 |
| 2024 | $3,895 -0.9% | $236,376 |
| 2023 | $3,930 +6.1% | $236,376 +8.9% |
| 2022 | $3,705 +42.9% | $217,141 +126.7% |
| 2021 | $2,593 +24.2% | $95,775 +10% |
| 2020 | $2,088 +2.6% | $87,068 +10% |
| 2019 | $2,034 | $79,153 -51.2% |
| 2018 | $2,034 +8.1% | $162,186 |
| 2017 | $1,881 +1.8% | $162,186 +172.7% |
| 2016 | $1,848 +60.1% | $59,468 +10% |
| 2015 | $1,154 +39.6% | $54,062 +30% |
| 2014 | $827 +0% | $41,586 |
| 2013 | $826 -0.9% | $41,586 |
| 2012 | $834 -2.1% | $41,586 |
| 2011 | $852 -0.9% | $41,586 |
| 2010 | $860 -42.8% | $41,586 -46% |
| 2009 | $1,505 -4.5% | $77,011 -15% |
| 2008 | $1,575 -0.9% | $90,601 -2.3% |
| 2007 | $1,589 +45.8% | $92,687 +60% |
| 2006 | $1,090 | $57,929 +10% |
| 2005 | -- | $52,663 |
| 2004 | $546 +1553.4% | $52,663 +8% |
| 2003 | $33 -95.1% | $48,762 +50% |
| 2002 | $672 +17.4% | $32,508 +20% |
| 2001 | $573 -8% | $27,090 -10% |
| 2000 | $623 +6% | $30,100 |
| 1999 | $587 | $30,100 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Lake Worth Corridor
Nearby schools
GreatSchools rating
- 5/10Diamond View Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 5/10Tradewinds Middle SchoolGrades: 6-8Distance: 1.2 mi
- 2/10Lake Worth High SchoolGrades: PK,9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Diamond View
- Middle: Tradewinds
- High: Lake Worth
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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