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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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4137 Gulfstream Rd , Lake Worth, FL 33461
$625,000
Est. Payment: $1,388.89/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 15
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OCRI01 - 3215108
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House Description

Rare 1.46-acre multifamily development site in the Lake Worth corridor — one of the few RM-zoned parcels of this size still available in unincorporated Palm Beach County. Approximately 57,499 SF with direct frontage on Gulfstream Road, this parcel carries RM Residential Multi-Family zoning and an MR-5 future land use designation (5 units per acre base) — a true blank canvas for developers, owner-builders, and build-to-rent investors. The L-12 Drainage Canal along the north boundary creates a permanent buffer and eliminates a rear neighbor, an advantage for site layout and unit orientation. With entitled and pending development land in this submarket trading well above raw-land pricing, a buyer can absorb the entitlement process and still compete on an all-in basis. Nearby approvals have supported 10-unit projects through the county's site-plan and TDR process. Persistent South Florida construction demand and thin supply of developable multifamily land continue to define this corridor. With convenient access to I-95 and greater West Palm Beach, 4137 Gulfstream Road offers scale and flexibility. Sold as vacant land, no site plan or permits..

Highlights

Listed by Asher Abadi , 305-807-5223 Onecore Realty, Inc. , 305-807-5223.

Property Type

Vacant Land

Lot/Acreage
1.32

County

Palm Beach

Area

5710

Neighborhood

Palm Beach Farms Co 7

Listing ID

A12067069

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:1-2 Acres
Zoning:RM
Principal Interest
$1,389
Taxes
$639

Home Price

$625,000

Loan Details

30 yrs
%

Down Payment

20%
$125,000
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Monthly Price:
$1,388.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,388.89 $639.00 $0.00 $2,027.89
Yearly $16,666.67 $7,668.00 $0.00 $24,334.67
Total $500,000.00 $230,040.00 $0.00 $730,040.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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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.