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Investment Opportunity

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5321 Maine Street Lake Worth FL 33461 MLS #RX-11058271

5321 Maine Street
Lake Worth, FL, 33461
$2,600,000
Beds
0 Bathrooms
SqFt
2.52 Acres
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$2,600,000
5321 Maine Street
Lake Worth, FL, 33461
MLS #RX-11058271 image #0MLS #RX-11058271 image #1

Project 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!

Property Details

Price:
$2,600,000
MLS #:
RX-11058271
Status:
Active Under Contract
Baths:
0
Type:
Land
Subtype:
Commercial Land
Listed Date:
Feb 2, 2025
Lot Size:
109,588 sqft / 2.52 acres (approx)
None

Schools

Interior

Exterior

Homeowners Assoc
None
Lot Description
1 to < 2 Acres

Financial

Taxes
$6,855

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Map

Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
5321 Maine Street
Lake Worth, FL