5321 Maine Street

Lake Worth, FL 33461

$2,600,000
Price
109,588 / 2.52
Lot Size / Acres

Description

Discover the perfect canvas for vibrant senior living in this 1.81-acre lot, boasting entitlements for 92 thoughtfully designed apartment units tailored for those aged 55 and older. Embracing diversity, the community offers 88 cozy 1-bedroom units and 4 spacious 2-bedroom residences, all meticulously crafted to provide comfort and convenience. Additionally, for those seeking none age-Restricted living, the lot permits 60 units, ensuring flexibility and inclusivity in this inviting neighborhood. With...Discover the perfect canvas for vibrant senior living in this 1.81-acre lot, boasting entitlements for 92 thoughtfully designed apartment units tailored for those aged 55 and older. Embracing diversity, the community offers 88 cozy 1-bedroom units and 4 spacious 2-bedroom residences, all meticulously crafted to provide comfort and convenience. Additionally, for those seeking none age-Restricted living, the lot permits 60 units, ensuring flexibility and inclusivity in this inviting neighborhood. With ample space for recreational amenities and serene landscapes, this development promises an enriching lifestyle for residents of all ages.
  1. Listed by Ahmed Ribhi Abdeldayem PA • KW Innovations

Property Details for 5321 Maine Street

Subdivision
None
Waterfront
No

Location

Listing Courtesy of KW Innovations
Add your commute
LISTING UPDATED: 05/17/2024 03:32 AM

Property Details for 5321 Maine Street

StatusActive
MLS #RX-10988163
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeResidential Land/Boat Docks / Commercial Land
Year Built-
Lot Size2.52 AC
CountyPalm Beach County

Location

Listing Courtesy of KW Innovations
Add your commute

Building Information for 5321 Maine Street

Lot Size2.52 AC

Payment Calculator

$15,247 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,189

Property Taxes

$1,058

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5321 Maine Street

Summary
Location and General Information
  • Directions: Lot is directly on military trail and the corner of Maine Street
  • Geo Area: Palm Beach 5730; 5740; 5760; 5770; 5790
  • Street Number: 5321
  • Subdivision Complex Bldg: None
  • Municipal Code: Lake Worth
  • State: FL
  • City Postal ID: 33461
  • MLS Area: 5730
  • MLS Sub Area: PB18
Taxes and HOA Information
  • Comm/Trans Brk: 3%
  • Tax Year: 2023
Property
Lot Information
  • Area: 5730
  • Develop Status: Recorded Plat
  • Front Exp: East
  • HOA Amenities: None
  • Improvements: Cleared, Fenced
  • Land Use: Commercial, Multi-Family High De
  • Lot Description: 2 to < 3 Acres
  • # Parcels: 1
  • Parcel ID: 00424425000005380
  • Property Group ID: 19990816212131825981000000
  • REO: No
  • Roads: City/County Maint., County Road
  • Special Assessment: No
  • Trees: None
  • Zoning: Urban Infill
  • Front Exposure: East
Property and Assessments
  • Acres: 1.81
  • Legal Desc: 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
  • Min Lv SqFt Rstrct: $7,203.00
  • 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
Utilities
  • Utilities Avail: Electric
  • Utilities On Site: Municipal Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Ground Cover: Other
Interior Features
  • Guest Accommodations: No

Property History for 5321 Maine Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5321 Maine Street

Taxable ValueLand$393,518Additions$331,777Total$725,295
Tax Record2023$12,696 ($1,058 / month)
Home Facts
Beds2Baths2.5Total Finished SqFt1,690 SqFtAbove Grade Finished SqFt1,690 SqFtStories1Lot Size78,770 SqFtStyleSingle Family ResidenceYear Built1948Year Renovated1975ZoningRMCountyPALM BEACHAPN00-42-44-25-00-000-5380Fireplace TypeHas Fireplace

Schools near 5321 Maine Street

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Charter - K to 8
Rating
School
Distance
Diamond View Elementary School
PublicPK to 5

Lake Worth High School
PublicPK to 12

Tradewinds Middle School
Public6 to 8

Somerset Academy JFK Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5321 Maine Street is a 2.52 ac of land for sale in Lake Worth, FL 33461. This property was listed for sale on May 16, 2024 by KW Innovations, it's currently listed at $2,600,000. It has been on the market for a total of 17 days and was last sold on September 30, 2020. This listing's school district is Palm Beach. Nearby schools include Diamond View Elementary School, Lake Worth High School and Tradewinds Middle School. 5321 Maine Street is a 0-bed, 0-bath, 2.52 ac of land on a 109,588 sq. ft. / 2.52 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Innovations

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.