4537 Coconut Road, Lake Worth, FL 33461
Local realty services provided by:CENTURY 21 Tenace Realty
Listed by: sandro marcel herrera
Office: three palms realty
MLS#:B26035010
Source:RMLS
Price summary
- Price:$1,700,000
- Price per sq. ft.:$433.67
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 alike. Professionally managed and 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. 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....
Contact an agent
Home facts
- Year built:1979
- Listing ID #:B26035010
- Added:18 day(s) ago
- Updated:June 19, 2026 at 02:45 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.
- 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:$1,700,000
- Price per sq. ft.:$433.67
- Tax amount:$13,716 (2025)
Features and amenities
- Pool features:Concrete, Gunite
Parking
- Total parking spaces:10
New listings near 4537 Coconut Road
- New
$225,000Active2 beds 2 baths1,133 sq. ft.3315 Lucerne Park Drive, Greenacres, FL 33467
MLS# B26043082Listed by: UNITED REALTY GROUP INC. - New
$529,500Active3 beds 2 baths1,443 sq. ft.7449 Trescott Drive, Lake Worth, FL 33467
MLS# B26043112Listed by: EXCLUSIVE FLORIDA REAL ESTATE - New
$229,000Active3 beds 2 baths1,505 sq. ft.6698 10th Avenue N #109, Lake Worth, FL 33467
MLS# B26043131Listed by: BEACHCOMBER REALTY LLC - New
$459,900Active3 beds 3 baths1,748 sq. ft.4302 Windmill Palm Way, Greenacres, FL 33463
MLS# B26043146Listed by: CENTURY 21 TENACE REALTY - New
$574,000Active3 beds 2 baths1,528 sq. ft.313 Poe Drive, Palm Springs, FL 33461
MLS# B26043150Listed by: KW RESERVE PALM BEACH - New
$159,500Active2 beds 2 baths1,090 sq. ft.3593 Birdie Drive #507, Greenacres, FL 33467
MLS# B26043046Listed by: RE/MAX OCEAN PROPERTIES - New
$272,500Active2 beds 2 baths1,232 sq. ft.110 Lake Arbor Drive, Palm Springs, FL 33461
MLS# B26043034Listed by: RE/MAX DIRECT - New
$369,000Active3 beds 2 baths1,291 sq. ft.966 Sumter Road E, West Palm Beach, FL 33415
MLS# B26042964Listed by: WEST WILLIAMS REALTY LLC - New
$825,000Active5 beds 4 baths2,775 sq. ft.4901 Blistering Way, Lake Worth, FL 33467
MLS# B26042939Listed by: UNITED REALTY GROUP, INC - New
$750,000Active5 beds 3 baths3,444 sq. ft.6370 Stonehurst, Lake Worth, FL 33467
MLS# B26042949Listed by: COLDWELL BANKER REALTY