4537 Coconut Road, Lake Worth, FL 33461

Lake Worth
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
4537 Coconut Road,Lake Worth, FL 33461
$1,600,000
Virtual Tour
  • - Beds
  • - Baths
  • 3,920 sq. ft.
  • Multi-family
  • Active
Listed by: sandro marcel herrera
Office: three palms realty
MLS#:B26035010
Source:RMLS

Price summary

  • Price:$1,600,000
  • Price per sq. ft.:$408.16

About this home

LAND LAND LAND - Exceptional value-add investment opportunity in the heart of Lake Worth! Situated on an oversized nearly 0.80-acre lot, this income-producing property offers tremendous upside potential for investors, developers, and portfolio builders - Ideal for easy conversion to four Starter houses for young couples. Positioned on one of the area's largest residential parcels, the property provides ample room for future expansion, additional units, or redevelopment opportunities—potentially allowing occupancy to be doubled. All units have an additional "spare or flex" room good for an office or for a kid's room! A unique feature of the property is the existing buried swimming pool, which may be restored and brought back to life, creating additional value and tenant appeal. Adding to the property's long-term desirability, there are currently no future development plans for the lots directly north of the property, helping preserve privacy and open space. Conveniently located near...

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Home facts

  • Year built:1979
  • Subdivision & Development:PALM BEACH FARMS CO 7
  • Listing ID #:B26035010
  • Added:131 day(s) ago
  • Updated:October 10, 2026 at 02:54 PM

Rooms and interior

  • Flooring:Tile
  • Living area:3,920 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1979
  • Building area:3,920 sq. ft.
  • Construction Materials:Concrete, Stucco
  • Exterior Features:Courtyard, Patio, Room for Pool
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:Lake Worth
  • Middle school:Tradewinds
  • Elementary school:Starlight Cove

Utilities

  • Water:Public, Water Available
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,600,000
  • Price per sq. ft.:$408.16
  • Tax amount:$13,716 (2025)

Features and amenities

  • Pool features:Concrete, Gunite

Parking

  • Total parking spaces:10
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. RMLS Member Broker: Gene Whiddon III <gwhiddon@bhgfirst.com>

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