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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
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.