Active Under ContractMLS® R11058271
$2,600,000
5321 Maine Street, Lake Worth, FL 33461
- Beds
- —
- Baths
- 0
- Sqft
- —
- Home type
- Unimproved Land
- Year built
- —
- Lot size
- 109,771 sqft
- Price / sqft
- —
- HOA
- —
- Community
- None
Property description
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!
Listing activity
- Days on market
- 178
- Listed
- Feb 2, 2025
- MLS listing updated
- Sep 20, 2026
- Feed last checked
- 8 minutes ago
Listed by Ahmed Ribhi Abdeldayem PA · KW Innovations
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms
- 0
- Bathrooms (decimal)
- 0
Property
Exterior
- Waterfront property
- No
Lot
- Lot size
- 109,771 sqft
- Lot size (acres)
- 2.52 acres
- Lot features
- Cleared
- Zoning
- Urban Infill
- Road frontage
- County Road
- Road responsibility
- Public Maintained Road
Construction
Type & style
- Home type
- Unimproved Land
Materials
- Faces
- West
Utilities & green energy
Utilities
- Electric
- Three Phase
- Sewer
- Public Sewer
- Utilities
- Electricity Available, Sewer Available
Community & HOA
Community
- Subdivision
- None
- MLS area
- 5730
- MLS subarea
- PB18
Association
- Has association
- No
Lease details
Not reported by the listing source.
Location
Area details
- City
- Lake Worth
- County
- Palm Beach
- ZIP code
- 33461
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- R11058271
- Possession
- Close Of Escrow, Negotiable
- Original list price
- $2,400,000
- Parcel number
- 00424425000005380
- Annual property tax
- $6,855.01
- Tax year
- 2024
- Tax legal description
- 25-44-42~ E 385 FT OF W 420 FTOF S 224.06 FT OF N 672.18 FT OF W 3/4 OF N 1/4 OF SE 1/4 (LESS N 10 FT RD R/W & WLY 13 FT
Additional MLS details
Reported by the listing source
- Association
- No
- Bathrooms Total Decimal
- 0
- Bathrooms Total Integer
- 0
- County Or Parish
- Palm Beach
- Days On Market
- 178
- Direction Faces
- West
- List Price
- 2600000
- Listing Contract Date
- 2025-02-02
- Lot Size Acres
- 2.52
- MLSArea Major
- 5730
- MLSArea Minor
- PB18
- Mls Status
- Active Under Contract
- On Market Date
- 2025-02-02
- Photos Count
- 2
- Postal Code
- 33461
- Price Change Timestamp
- 2025-02-02T13:00:51Z
- Property Sub Type
- Unimproved Land
- Property Type
- Land & Docks
- Road Frontage Type
- County Road
- Standard Status
- Active Under Contract
- State Or Province
- FL
- Status Change Timestamp
- 2025-07-30T12:54:14Z
- Subdivision Name
- None
- Tax Annual Amount
- 6855.01
- Waterfront
- No
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Feb 2, 2025 | ListedBeachesMLS | $2,400,000 |
| Sep 20, 2026 | Price updatedBeachesMLS | $2,600,000 |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2024 | $6,855 | — |
Payment calculator
Estimated monthly payment$15,362/moIllustrative estimate, not a loan offer.
- Principal & interest
- $13,491
- Property taxes
- $571
- Insurance
- $1,300
- Association dues
- —
Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.
Neighborhood
Area
NoneLake Worth · Palm Beach County · 33461
Climate risk
—No licensed climate-risk source is connected.
Nearby schools
Not reported by the listing source.
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.Nearby homes
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