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Informations principales sur l'investissement

  • 4160 42nd Avenue S is an approved 10-unit multifamily project, allowing developers to bypass entitlement timelines and move quickly into construction.
  • Efficient site plan includes a recreation area and parking for up to 23 vehicles, supporting strong operational performance and tenant satisfaction.
  • Infill Lake Worth Beach location benefits from dense population growth, strong renter demand, and proximity to major retail and employment centers.
  • Modern two-story design with an 80% three-bedroom unit mix is positioned to attract stable, long-term tenants, compared to standard unit mixes.
  • Flexible development profile supports strong upside potential through a build-to-rent strategy, condominium sell-out, or stabilized resale option.

Résumé analytique

Positioned at 4160 42nd Avenue S in Lake Worth Beach, this approved 10-unit multifamily project presents a rare, build-ready opportunity on approximately 0.91 acres. Zoned RM (Residential Multifamily), the site offers immediate development potential, allowing buyers to avoid entitlement delays and move straight into construction.

The approved plans feature a modern, two-story building with a clean, contemporary façade and a well-designed unit mix of two two-bedroom/two-bath units and eight three-bedroom/two-bath units. With 80 % of the units configured as three bedrooms, the project attracts a more stable, long-term tenant base compared to typical studio or one-bedroom developments. Planned site amenities include a 50-foot by 50-foot recreation area and parking for up to 23 vehicles via a single-way loop off 42nd Avenue S, supporting strong functionality while maximizing income potential for long-term cash flow or future resale.

Surrounded by a mix of single-family and multifamily neighborhoods along the highly sought-after Lake Worth Road corridor, the property benefits from excellent access to major roadways, employment centers, retail, schools, and daily necessities. Nearby amenities include Publix, The Home Depot, Walgreens, Pollo Tropical, and more, enhancing overall livability and tenant appeal. The infill site is located west of Interstate 95, within a dense, growing residential area of Palm Beach County. Over 370,000 residents live within a 5-mile radius, with population growth projected through 2030 and renters accounting for roughly 40% of the local market, underscoring sustained multifamily demand.

Note: All financial data and projections are estimates based on current market conditions. The property is offered as-is with existing approvals, and buyers are responsible for verifying site plans, impact fees, and construction requirements with the City of Lake Worth and Palm Beach County.

Informations sur l’immeuble

Prix 569 543 €
Type de vente Investissement
Nb de lots 1
Type de bien Terrain
Sous-type de bien Terrain commercial
Usage proposé Logement
Surface totale du lot 0,37 ha
Zonage RM - Multifamily Residential

1 Lot disponible

Lot

Prix 569 543 €
Prix par ha 1 546 561,96 €
Surface du lot 0,37 ha

4160 42nd Avenue S is a ±0.91-acre multifamily-zoned (RM) development site located in Lake Worth, Palm Beach County. The property includes an approved site plan for 10 residential units, offering a shovel-ready opportunity for immediate development.

Assez praticable à pied
50/100
Moyennement adapté aux voitures
70/100
Transports en commun très limités
10/100
Plutôt praticable en vélo
50/100

Taxes foncières

Taxes foncières

Numéro de parcelle
00-42-44-25-00-000-1040
Évaluation du terrain
0 €
Évaluation des aménagements
0 €
Évaluation totale
207 117 €
  • ID de l’annonce: 40149037

  • Date de mise sur le marché: 14/04/2026

  • Dernière mise à jour:

  • Adresse: 4160 42nd Avenue South, Lake Worth Beach, FL 33461

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