REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 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 2.516 Acres
Acres 2.5158
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
Direction North on Military until Maine street.
Exterior
Utilities Available Electricity Available, Sewer Available
Private Pool Yes
Building
Lot Description 1-2 Acres
Faces West
Sewer Not Connected (at lot), Public Sewer, Other
Others
Senior Community No
Tax ID 00424425000005380
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by KW Innovations
GET MORE INFORMATION