Basic Information

  • MLS # RX-11058271
  • Type Commercial
  • Status Active
  • Subdivision/Complex None
  • Total Size 109,588 Sq.Ft / 2.52 Acre
  • Date Listed 02/02/2025
  • Days on Market 95
Description

Prime Multi-Family Development Opportunity - 5321 Maines StreetThis 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!

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Commercial

Interior Features

  • Adjusted Sqft 2.52 AcreSq.Ft
  • Sqft 2.52 Acre Sq.Ft

Property Features

  • Address 5321 Maine St
  • Aprox. Lot Size 109,588
  • City Lake Worth
  • County Palm Beach
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • Lot Features City Lot
  • Possession Closing And Funding, Close Of Escrow
  • Postal City Lake Worth
  • HOA Fees $0
  • Subdivision Complex None
  • Subdivision Info None
  • Tax Amount $6,855
  • Tax Legal desc 25-44-42~ E385 F T O F W420 F T O F S224.06 F T O F N672.18 F T O F W3/4 O F N1/4 O F S E1/4( L E S S N10 F T R D R/ W& W L Y13 F T
  • Tax Year 2024
  • Terms Considered Cash, Conventional
  • Type of Property Commercial

5321 Maine St

Lake Worth, FL 33461

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