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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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4160 42nd Ave S , Lake Worth, FL 33461
$650,000
Est. Payment: $3,470.06/mo
0.91 Acres
Status: active | Days on site: 42
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FLL404692 - FLL276660353
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Pedro Casanova, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Pedro Casanova
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House 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.
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Highlights

Listed by Julian Prieto Avila , 561-631-4297 Partnership Realty Inc. , 561-355-0270. REALTOR Association of Greater Miami and the Beach

Property Type

Vacant Land
Lot/Acreage
0.91

County

Palm Beach

Area

5700

 Neighborhood

N/A

Listing ID

B26078789

Questions about this listing?

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Interior Features

Water:Public

Exterior Features

Lot:<1 Acre
Lot Dimensions:262x151
Zoning:RM-5
Sewer:Not Connected (at lot),Public Sewer,Other
Principal Interest
$3,470
Taxes
$324

Home Price

$650,000

Loan Details

30 yrs
7.03%

Down Payment

20%
$130,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,470.06

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,470.06 $324.42 $0.00 $3,794.47
Yearly $41,640.67 $3,893.00 $0.00 $45,533.67
Total $1,249,220.24 $116,790.00 $0.00 $1,366,010.24

Today's Rates

30 Year

7.03%

20 Year

6.92%

15 Year

6.45%

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Market insight data is pulled from the same city as the listing being viewed (Lake Worth, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-03T15:08:43.000Z

© 2026 REALTOR Association of Greater Miami and the Beach