USAFLLake WorthPalm Beach Farms Co 74537 Coconut Rd

4537 Coconut Rd, Lake Worth, FL

House

For Sale

Listed price in listed location currency (USD).

$1,700,000

0010

MLS® B26035010

Overview

Key Facts

Type Quadruplex

Levels Residential Income

Size 3920 sqft

Garage

Taxes $13,716

Days Active 24

Lot Size 0.8 Acres

Approx. Age 1979

Avg. Price Per Sqft $433

MLS® Number B26035010

Property Address: 4537 Coconut Rd, Lake Worth, FL, 33461-5153

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® NumberB26035010

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1979

Basement

Driveway

Garage Spaces

HeatCentral

A/CCentral Air

Extras

Map

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