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$ 2,600,000
Est. payment /mo
Active Under Contract
5321 Maine ST Lake Worth, FL 33461
2.52 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID R11058271
HOA Y/N No
Annual Tax Amount $6,855
Tax Year 2024
Contingent 3rd Party Approval
Lot Size 2.520 Acres
Acres 2.52
Property Sub-Type Unimproved Land
Property Description
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!
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!
Location
State FL
County Palm Beach
Area 5730
Zoning Urban Infill
Direction West
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available Electricity Available, Sewer Available
Present Use Multi-Family
Road Frontage County Road
Building
Lot Description 1-2 Acres, Cleared, City Lot, Rural Lot
Faces West
Sewer Public Sewer
Others
Tax ID 00424425000005380
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Ahmed Ribhi Abdeldayem PA KW Innovations
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