Rare opportunity to own a vacant RM-zoned multifamily lot in the heart of Lake Worth! This 4,000 SF parcel offers excellent development potential for investors, builders, and developers seeking a prime infill location. Situated in the established Ridge Grove community, the property is conveniently located east of I-95 and just minutes from downtown Lake Worth, the Intracoastal Waterway, beaches, shopping, dining, and major transportation routes. Flood Zone X for added peace of mind. Multifamily zoning provides flexibility and future upside in a growing area. Don't miss the chance to secure land in one of Palm Beach County's most desirable redevelopment corridors. Buyer to verify all zoning, density, and development requirements.
Vacant landProperty Type
4,000 sq ftLot Size
$40Price/Sq.Ft.
Listed by Ana Johnston• Century 21 Tenace Realty Inc
Great Lot to built a House Residential Area Walking to the Beach I95 / Hypoluxo / US 1 View Map here : http://maps.co.palm-beach.fl.us/cwgis/papa.html?qvalue=00434509090002620
Beaches MLS #R10199213
Aug 7, 2017
Listing Removed
—
Mar 15, 2016
Contingent
—
Jan 16, 2016
Listed
$20,000
Beaches MLS #R10167993
Jan 1, 2016
Listing Removed
—
Dec 8, 2015
Price Changed
$20,000
Sep 15, 2015
Listed
$30,000
Beaches MLS #R10167992
Sep 15, 2015
Listed
$30,000
Sep 15, 2015
Listing Removed
—
Beaches MLS #R3366306
Mar 10, 2014
Listing Removed
—
Nov 29, 2013
Pending
—
Nov 14, 2013
Price Changed
$17,000
Nov 13, 2013
Relisted
—
Nov 8, 2013
Listing Removed
—
Aug 2, 2013
Price Changed
$20,000
Jun 21, 2013
Price Changed
$39,900
May 9, 2013
Listed
$49,000
Public Records
Nov 22, 2005
Sold
$56,000
Public Records
Jun 1, 1987
Sold
$24,800
Public Records
Sep 1, 1985
Sold
$21,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,067 (+22.1%)
2024
$874 (+1.9%)
2023
$858 (+2.6%)
2022
$835 (+30.2%)
2021
$642 (−14.1%)
2020
$747 (+29.9%)
2019
$575 (+49.8%)
2018
$384 (+85.6%)
$22,315
2017
$207 (+63.7%)
2012
$126 (+7.6%)
2011
$117
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
40 ft.
Lot depth
—
Lot size
4,000 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Palm Beach County
APN
00434509090002620
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 1, 2026.
RM
Multifamily Residential District
The RM district is intended primarily for the development of multiple family dwelling units.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Other
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 27 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Lantana, FL • 33462
Average low and high temperatures (°F)
74
57
78
60
81
65
83
71
89
75
90
77
91
77
93
77
90
77
85
74
82
67
78
64
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1141 Peak Rd
$144,655
$15K under list price of $160K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $150K to $385K.