Sold Aug 17, 2026
$700,000About this home
This prime 1.41-acre property in central Lake Worth offers two parcels zoned MR-5, ideal for multi-family development. Previously approved for 8 townhomes, it provides an excellent opportunity for investors or developers seeking to build in a highly sought-after location. With close proximity to local amenities and easy access to major roads, this parcel is perfectly positioned for residential growth. Don't miss out on this rare development opportunity in a thriving community.
Listing last checked: Listing updated:
Listed by Ahmed Ribhi Abdeldayem PA · KW Innovations · MLS #R11050321
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Details at a glance
Building1 property facts
- Style
- Unimproved Land
Land & utilities3 property facts
- Lot size
- 1.41 acres
- Water
- Public
- Zoning
- RM
Financial2 property facts
- Annual taxes
- $4,922
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $675,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,823 / monthAdjust
- Principal & interest
- $3,413
- Property tax
- $410
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $4,922. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Sld
$275,000 · Sold $265,000 · May 6, 2019
- Sld
$195,000 · Sold $195,000 · Feb 4, 2017
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About 3716 Elaine Drive
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