4537 Coconut Rd, Lake Worth, FL 33461
- Sqft
- 3,920
- Pool
- Yes
Sign in to view any offers or make an offer. View property features, location on map, relevant school information and overview from seller's agent.
- 0
- 0
Overview
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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 1
- Square feet
- 3,920
- Lot size (acres)
- 0.80
- Year built
- 1979
Interior features
- Laundry
- None
Exterior features
- Pool
- Yes
- Waterfront
- None
Utilities
- Heating
- Central
- Cooling
- Central Air
- Sewer
- Septic System
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $13,715.78
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Beaches MLS MLS®#: B26035010 Last checked: …

All listings featuring the BMLS logo are provided by Beaches MLS, 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. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.