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!
| MLS # | R11058271 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Days On Site | 570 |
| Listing Provided By | KW Innovations | Ahmed Ribhi Abdeldayem PA |
| Zoning | Urban Infill |
|---|---|
| Acreage | 2.52 |
| Lot Features | One To Two Acres, Cleared, City Lot, Rural Lot |
|---|
| Tax Annual Amount | 6855.01 |
|---|
| State | FL |
|---|---|
| County | Palm Beach |
| City | Lake Worth |
| Zip Code | 33461 |
| Area | 5730 |
| Listing VS Median (in 33461) | |
Price: $2,600,000 low | high Med: $85,000 On site: 570 low | high Med: 113 | |
| State | FL |
|---|---|
| County | Palm Beach |
| City | Lake Worth |
| Zip Code | 33461 |
| Area | 5730 |
| Listing VS Median (in 33461) | |
Price: $2,600,000 low | high Med: $85,000 On site: 570 low | high Med: 113 | |