Premier Brokers International
4160 42ND Avenue S, Lake Worth, FL 33461
ActiveBeachesMLS
ActiveMLS® B26078789
$650,000

4160 42ND Avenue S, Lake Worth, FL 33461

Beds
—
Baths
0
Sqft
—
Est. payment$4,022/mo
Home type
Unimproved Land
Year built
—
Lot size
39,640 sqft
Price / sqft
—
HOA
$0/mo
Community
N/A

Property description

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.

Listing activity

Days on market
8
Listed
Sep 21, 2026
MLS listing updated
5 hours ago
Feed last checked
4 minutes ago

Listed by Julian Prieto Avila · Partnership Realty Inc.

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

Fencing
None
Waterfront property
Yes

Lot

Lot size
39,640 sqft
Lot size (acres)
0.91 acres
Zoning
RM-5
Road surface
Paved
Road frontage
City Street
Construction

Type & style

Home type
Unimproved Land
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Electricity Available, Sewer Available, Water Available
Community & HOA

Community

Subdivision
N/A
MLS area
5700
MLS subarea
PB17

Association

Has association
No
Estimated monthly dues
$0
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
B26078789
Possession
Close Of Escrow
Original list price
$650,000
Parcel number
00424425000001040
Annual property tax
$3,893.19
Tax year
2025
Tax legal description
25-44-42~ E 1/2 OF W 1/2 OF SW1/4 OF NE 1/4 OF NE 1/4 (LESS S 340 FT~ N 70 FT CNL & W 15 FT 42ND AVE S R/W)
Special listing conditions
Standard
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
8
Elementary School
Diamond View
High School
Lake Worth
List Price
650000
Listing Contract Date
2026-09-21
Lot Size Acres
0.91
MLSArea Major
5700
MLSArea Minor
PB17
Middle Or Junior School
Tradewinds
Mls Status
Active
On Market Date
2026-09-21
Photos Count
7
Postal Code
33461
Property Sub Type
Unimproved Land
Property Type
Land & Docks
Road Frontage Type
City Street
Road Surface Type
Paved
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-09-21T18:27:57Z
Subdivision Name
N/A
Water Source
Public
Tax Annual Amount
3893.19
Waterfront
Yes

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Sep 21, 2026ListedBeachesMLS$650,000

Public tax history

YearProperty taxesAssessment
2025$3,893—

Payment calculator

Estimated monthly payment$4,022/moIllustrative estimate, not a loan offer.
Principal & interest
$3,373
Property taxes
$324
Insurance
$325
Association dues
$0

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

N/A

Lake Worth · Palm Beach County · 33461

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Diamond ViewElementary
—
TradewindsMiddle
—
Lake WorthHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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12 homes

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BeachesMLS

BeachesMLS · Listing courtesy of Partnership Realty Inc.. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.