4537 Coconut Road
Lake Worth, FL, 33461
$1,600,000
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 I-95, Palm Beach International Airport, downtown Lake Worth Beach, and major employment centers, this property offers strong rental demand and excellent accessibility. Residents enjoy proximity to beautiful beaches, John Prince Park, golf courses, boating, shopping, dining, and entertainment. Walk to Kennedy Hospital and Broward Community College. Just minutes away, downtown Lake Worth Beach features vibrant restaurants, art galleries, live music venues, breweries, and year-round community events. The nearby Lake Worth Beach Municipal Golf Course, waterfront parks, fishing piers, and Atlantic Ocean beaches provide endless outdoor recreation opportunities. Whether you’re seeking immediate cash flow, future redevelopment potential, or a long-term hold in a rapidly growing Palm Beach County market, this property presents a rare opportunity with significant upside.
Current real estate data for Multi Family in Lake Worth as of Nov 02, 2026
16
Multi Family Listed
109
Avg DOM
381
Avg $ / SqFt
$937,362
Avg List Price
Listing Provided Courtesy of Three Palms Realty at 561-316-8711
Property Details
Price:
$1,600,000
MLS #:
B26035010
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
PALM BEACH FARMS CO 7
Neighborhood:
5700
Listed Date:
Oct 5, 2026
Finished Sq Ft:
3,920
Total Sq Ft:
3,920
Lot Size:
1,509,354,000 sqft / 0.80 acres (approx)
Year Built:
1979
Units:
4
Schools
Elementary School:
Starlight Cove
Middle School:
Tradewinds
High School:
Lake Worth
Interior
Cooling
Central Air
Flooring
Tile
Heating
Central
Laundry Features
None
Levels
One
Exterior
Construction Materials
Concrete Block – With Stucco
Exterior Features
Courtyard, None
Fencing
None
Lot Features
Oversized Lot, Room for Pool, Sidewalks
Patio And Porch Features
Patio, Patio – Open
Roof
Composition
Stories
1
Waterfront Features
None
Financial
Tax Year
2025
Taxes
$13,716
Map
Contact Us
Mortgage Calculator
Community
- Address4537 Coconut Road Lake Worth FL
- SubdivisionPALM BEACH FARMS CO 7
- CityLake Worth
- CountyPalm Beach
- Zip Code33461
Property Summary
- Located in the PALM BEACH FARMS CO 7 subdivision, 4537 Coconut Road Lake Worth FL is a Multi Family for sale in Lake Worth, FL, 33461. It is listed for $1,600,000 To schedule a showing of MLS#b26035010 at 4537 Coconut Road in Lake Worth, FL, contact your Trust House Realty agent at 9543362003.
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