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$650,000

  • For Sale
  • Active
  • Vacant Land
  • 0.91 Acres
  • Updated 4 days ago
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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.

Full Property Details for 4160 42nd Ave S

General

  • Price: $650,000
  • Taxes: $3,890 (2025)
  • Status: Active
  • Type: Vacant Land
  • Source: Regional
  • MLS ID: R11137083
  • Updated: 3/17/2026
  • Added to Site: 69 day(s) ago

Location

  • County: Palm Beach
  • Subdivision: N/A
  • Driving Directions: From I-95, take the 10th Avenue North exit and head west.Turn left (south) onto Kirk Road. Turn right onto 42nd Avenue South — the property will be on your right-hand side, just west of Kirk Road
  • Direction Faces: South

School Information

  • Elementary School: Diamond View
  • Middle School: Tradewinds
  • High School: Lake Worth

Community

  • Community Name: 5700

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Sewer Available, Water Available

Structural Information

  • Current Bldg. Use: Multi-Family

Lot Features

  • Lot Size (Acres): 0.91
  • Lot Size (Sq. Ft.): 39,795
  • Lot Dimensions: 262 x 151
  • Road Maintenance: Public Maintained Road
  • Lot Features: Cleared, Rural Lot
  • Development Status: Raw Land
  • Potential Use: Commercial
  • Trees/Vegetation: Grassed, None, Pine
  • Zoning: RM—MULTI-FAMILY

Financial Considerations

  • Tax Amount: $3,890
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Building Plans, Soil Test, Survey
  • 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)
  • Disclosures/Rstr.: Owner Is Listing Agent
  • Property ID: 424425000001040

Listed by Partnership Realty Inc.

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Listing agent

— 4160 42nd Ave S —

  • Partnership Realty Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4160 42nd Ave S

School District:Palm Beach County School District
NameGradesDistance
Diamond View Elementary School
5300 Haverhill Road, Greenacres, FL 33463
PK-51.3 mi
Lake Worth High School
1701 Lake Worth Rd, Lake Worth Beach, FL 33460
9-122.6 mi
Tradewinds Middle School
5090 Haverhill Road, Greenacres, FL 33463
6-81.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4160 42nd Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/17/2026
Price Reduced
$650,000
-2.99%
MLS
3/16/2026
Price Reduced
$670,000
-2.76%
MLS
10/29/2025
Listed
$689,000
199.57%
MLS
7/09/2021
Sold
$230,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4160 42nd Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,894
—
$236,376
—
2024
$3,896
-1%
$236,376
—
2023
$3,931
52%
$236,376
6%
2021
$2,594
-30%
$223,845
3%
2022
$3,706
43%
$217,141
36%
2021
$2,594
28%
$160,000
102%
2019
$2,034
8%
$79,153
10%
2018
$1,881
2%
$71,957
10%
2017
$1,848
60%
$65,415
10%
2016
$1,154
10%
$59,468
10%
2015
$1,050
27%
$54,062
30%
2014
$827
—
$41,586
—
2013
$826
—
$41,586
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Partnership Realty Inc.

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4160 42nd Avenue S, Lake Worth, FL 33463 (MLS# R11137083) is a Vacant Land property with a lot size of 0.91 acres. 4160 42nd Avenue S is currently listed for $650,000 and was received on January 30, 2026. Want to learn more about 4160 42nd Avenue S? Do you have questions about finding other Vacant Land real estate for sale in Lake Worth? You can browse all Lake Worth real estate or contact a Coldwell Banker agent to request more information.

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