Rare 1.32-acre multifamily development site in the Lake Worth corridor — one of the few RM-zoned parcels of this size still available in unincorporated Palm Beach County. Approximately 57,499 SF with direct frontage on Gulfstream Road, this parcel carries RM Residential Multi-Family zoning and an MR-5 future land use designation (5 units per acre base) — a true blank canvas for developers, owner-builders, and build-to-rent investors.
The L-12 Drainage Canal along the north boundary creates a permanent buffer and eliminates a rear neighbor, an advantage for site layout and unit orientation. With entitled and pending development land in this submarket trading well above raw-land pricing, a buyer can absorb the entitlement process and still compete on an all-in basis. Nearby approvals have supported 10-unit projects through the county's site-plan and TDR process.
Persistent South Florida construction demand and thin supply of developable multifamily land continue to define this corridor. With convenient access to I-95 and greater West Palm Beach, 4137 Gulfstream Road offers scale and flexibility. Sold as vacant land, no site plan or permits..
Property Details
- Lot Features
- 1 To Less Than 2 Acre Lot, No Misc/Improvements
- Lot Description
- 1 To Less Than 2 Acre Lot, No Misc/Improvements
- Acres
- 1.32
- Lot Size (sqft)
- 57499.0
- Property Type
- Purchase
- Subdivision
- PALM BEACH FARMS CO 7
- County
- Palm Beach County
- Region
- Lake Worth
- Zoning
- RM
- Original List Price
- $625,000
- Taxes Annual
- $7,668
- MLS #
- A12067069
- Property Subtype
- Residential
- Parcel Number
- 00434430010200011
- MLS #
- A12067069
- Structure Type
- Residential
- Date Listed
- August 06, 2026
- Address
- 4137 Gulfstream Rd
Location
Legal
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Provided By
Listed by Asher Abadi (#3215108)
Listing Office: Onecore Realty, Inc. (#OCRI01)
