5321 Maine Street, Lake Worth, FL 33461

Listing Snapshot

Price

$2,600,000

Days on Site

178 Days

Bedrooms

0

Total Baths

0

Lot Size

2.52 Acres

Property Type

Land

MLS #

R11058271

Property Tax

$6,855 (2024)

Subdivision

None

County

Palm Beach

Status

Under Contract

About This Property

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!

General Features

Property Type

Land

Status

Under Contract

Direction Faces

West

Lot Size (Acres)

2.52

Sewer

Public Sewer

Zoning

Urban Infill

Exterior Features

Lot Features

One To Two Acres / Cleared / City Lot / Rural Lot

Community & HOA

Utilities

Electricity Available / Sewer Available

Financing Terms

Cash / Conventional

MLS Area

5730