426 N 5th Street, Lantana, FL 33462 (MLS# R11166195)

426 N 5th Street, Lantana, FL 33462

$1,000,000
Property Type: Land & Docks Status: Active
Current Price: $1,000,000 List Date: 2/24/2026 Last Modified: 3/03/2026

Description

A PRIME DEVELOPMENT OPPORTUNITY IN THE HEART OF LANTANA. R15 ZONING PLUS NEAR THE BEACH. Exceptional mixed-use opportunity just under ¼ mile from the Atlantic Ocean and area beaches. This unique offering includes a single-family residence plus an adjacent vacant lot, delivering immediate usability with significant redevelopment upside. Zoned R15, allowing up to 12 units, this property is ideally positioned for multifamily development in a rapidly evolving coastal corridor. The site directly abuts commercial zoning, creating strong pathway for commercial or mixed-use conversion. Great flexibility for investors and developers. Opportunities with this level of density potential, location, and zoning flexibility are increasingly rare this close to the ocean.

Supplements: Both lots are 100x150 abutting commercial use on South side and East side. Research has been done and a professional consultant outline for variance process and assurance of commercial conversion, to allow maximum flexibility for planned use.

More Information MLS# R11166195

Contract Information

Comp Sale YN: No Negotiable Seller Concessions YN: No Listing Contract Date: 2026-02-24 Status: Active Original List Price: 1000000 List Price: $1,000,000 Current Price: $1,000,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Lantana Postal Zip: 33462 Geographic Area: PB16 Country: United States Street Number: 426 Street Direction Prefix: N Street Name: 5th Street Suffix: Street State Or Province: FL Postal Code: 33462 Subdivision Name: MANTYHARJU LANTANA IN Area: 5640 Elementary School: Barton Middle Or Junior School: Lantana Community High School: Lake Worth Parcel Number: 40434434090010310 Zoning: R15 Directions: Lantana Road just East of US1 on North side.

General Property Information

Number Of Lots: 2 Property Sub Type: Unimproved Land Additional Parcels Description: 40-43-44-34-09-001-0290 Direction Faces: West

Office/Member Information

DXORIGMLSID: RML

Electric

Three Phase: 1

Short Sale Details

Short Sale Addendum: No

Documents Available

None: 1

Fencing

Fenced: 1

Current Use

Multi-Family: 1

Development Status

Recorded Plat: 1

Location of Property

Beach Access: 1 City Location: 1

Possession

Close Of Escrow: 1

Possible Use

Commercial: 1

Sewer

Public Sewer: 1

Trees

None: 1

Utilities

Cable Available: 1 Electricity Available: 1 Sewer Available: 1 Water Available: 1

Vegetation

Grassed: 1

Listing Terms

Cash: 1

Lot Features

Home: 1 Irrigated Water: 1

Road Responsibility

Public Maintained Road: 1

Road Surface Type

Paved: 1

Water Source

Public: 1

Showing Requirements

Call Listing Agent: 1 Sign On Property: 1

Acreage Description

1/2 To Less Than 1 Acre Lot: 1

Financial Information

Tax Year: 2025 Tax Annual Amount: 2070 Tax Legal Description: MANTYHARJU LTS 31 & 32 TR 1

Status Change Information

Major Change Timestamp: 2026-02-24T12:15:40Z Major Change Type: New Listing Status Change Date: 2026-02-24

Originating Details

Originating System Key: 20260221112240408064000000 Originating System ID: M00000170

Property Features

Current Use: Multi-Family Development Status: Recorded Plat Documents Available: None Electric: Three Phase Fencing: Fenced Location of Property: Beach Access; City Location Possession: Close Of Escrow Possible Use: Commercial Sewer: Public Sewer Trees: None Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Vegetation: Grassed Listing Terms: Cash Lot Features: Home; Irrigated Water Road Responsibility: Public Maintained Road Road Surface Type: Paved Water Source: Public Showing Requirements: Call Listing Agent; Sign On Property Acreage Description: 1/2 To Less Than 1 Acre Lot
Listing Office: Keller Williams Realty - Welli
IDX
Last Updated: March - 03 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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