5321 Maine ,Agriculture, Unimproved Multi Family (5+units), None for Sale & Rent

5321 Maine for Sale & Rent

Price $2,600,000.00

• Lot size 109588
• Year Build
• Waterfront
• Zip 33461
• Style
• Parking Description
• Pool Yes
• Status Active With Contract

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!

25-44-42~ E 385 FT OF W 420 FTOF S 224.06 FT OF N 672.18 FT OF W 3/4 OF N 1/4 OF SE 1/4 (LESS N 10 FT RD R/W & WLY 13 FT

City Location, County Location, 1 To Less Than 2 Acre Lot, Cleared Land, Cleared

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!

City:Lake Worth,Sewer:1:Public Sewer,2:Other,3:Public Sanitation,4:Sewer,Zoning:Urban Infill,Country:United States,List A O R:BeachesMLS,Tax Year:2024,Latitude:26.6096168,List Price:2600000,Listing Id:R11058271,Longitude:-80.1133843,Mls Status:Active With Contract,Utilities:1:Sewer Connected,2:Electricity Available,3:Sewer Available,Directions:North on Military until Maine street.,Possession:1:Long Closing Preferred,2:Negotiable,Postal Code:33461,Street Name:Maine,Vegetation:1:No Trees,Contingency:3rd Party Approval,Coordinates:1:26.6096168,Lot Features:1:County Location,2:1 To Less Than 2 Acre Lot,3:Cleared Land,4:Cleared,Photos Count:2,Days On Market:178,Listing Terms:1:Conventional,Lot Size Acres:2.5158,Lot Size Units:Square Feet,M I A M I R E_ Area:5730,M L S Area Major:None,On Market Date:2025-02-02,Parcel Number:00424425000005380,Property Type:Commercial Land,Street Number:5321,Street Suffix:Street,Off Market Date:2025-07-30,Public Remarks: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!,County Or Parish:Palm Beach County,Direction Faces:West,Documents Count:2,Expiration Date:2026-09-30,List Office Name:KW Innovations,Standard Status:Active Under Contract,Living Area Units:Square Feet,Major Change Type:Active Under Contract,Property Sub Type:Agriculture,State Or Province:FL,Subdivision Name:None,Tax Annual Amount:6855,Unparsed Address:5321 Maine Street, Lake Worth FL 33461,Listing Agreement:Exclusive Agency,M I A M I R E_ Blogging:1,Road Frontage Type:1:City/County Maintained,2:County,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:109588,M I A M I R E_ L P Amt Sq Ft:23.73,M I A M I R E_ Price Acre:1033468,Original List Price:2400000,Previous List Price:2400000,Documents Available:1:Survey Available,I D X Participation Y N:1,M I A M I R E_ Last Status:Active,M I A M I R E_ Sub Board I D:Palm Beach,Syndication Remarks: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!,Listing Contract Date:2025-02-02,Originating System I D:miamire,Showing Instructions:Call Listing Agent,Elect Lockbox-Call List Agent,Street Number Numeric:5321,Tax Legal Description:25-44-42~ E 385 FT OF W 420 FTOF S 224.06 FT OF N 672.18 FT OF W 3/4 OF N 1/4 OF SE 1/4 (LESS N 10 FT RD R/W & WLY 13 FT,Electric On Property Y N:1,M I A M I R E_ Current Price:2600000,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Geographic Area:Palm Beach 5730; 5740; 5760; 5770; 5790,M I A M I R E_ Parcel Number M L X:0042,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-07-30,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Acreage Description:1+ To 2 Acres,M I A M I R E_ Environmental Audit:None,M I A M I R E_ Agent Alternate Phone:305-801-5871,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,