New Listing
$1,600,000
 $8,589 est/mo Sourced by Back At You

4812 Coconut Road,Lake Worth, FL 33461

Lake Worth, FL 33461

Share:

PreviousNext

Description

NEARLY ONE ACRE. MULTIFAMILY ZONING. BUILD YOUR NEXT INVESTMENT. With no HOA, multiple development options, and an existing home offering potential rental income while you plan, this property gives investors flexibility to pursue their next project.Per the County Planning Division, MF zoning permits 8 dwelling units per acre, with the opportunity to increase density to 12 units per acre through the purchase of additional transferable development rights (TDRs). Explore duplexes, triplexes, quadplexes, or subdivision into individual single-family lots. A maximum building height of 35 feet may accommodate three stories, depending on architectural design. Final unit count and configuration are subject to exact acreage, site requirements, and applicable approvals.The existing 3-bedroom, 2-bath home offers approximately 2,132 square feet of living space and a unique layout with rental possibilities. Features include a two-car garage with hurricane-impact-rated doors, a plumbing hookup for a third bathroom, updated PVC plumbing, and a generator hookup. Per seller, the roof, A/C, electrical panel, and water heater are approximately two years old. City water is available.Offered for its land and development value and location. Located minutes from Lake Worth Beach and Pier, Downtown Lake Worth Beach for dining, arts and festivals, near Palm Beach International Airport, JFK Medical Center, Palm Beach College, John Prince Park, Lake Osborne and Wellington Equestrian Area.

Details

MLS #A12109975
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site4
Listing Provided ByLPT Realty, LLC | Yasmeen Alexandria Davis

Features

ZoningRM
Acreage0.10

Exterior

Lot FeaturesOversized Lot, Other

Taxes

Tax Annual Amount1919

Area Information

StateFL
CountyPalm Beach
CityLake Worth
Zip Code33461
Area5700
SubareaPB32
Community NamePALM BEACH FARMS CO 7
Listing VS Median (in PALM BEACH FARMS CO 7)
Price:
$1,600,000
low | high
Med:
$2,325
100% of Average
On site:
4
low | high
Med:
69
5.797101449275% of Average
Sourced by Back At You

Market Activity 33461

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Premium at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
The information is being provided by Beaches MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Beaches MLS. All Rights Reserved.

Contact

Learn More About This Property

Candace Hubbard Crum

Candace Hubbard Hubbard Crum

Coldwell Banker Premium Realty

SL3507223 (561) 701-3993candace@cbfloridarealty.com
StateFL
CountyPalm Beach
CityLake Worth
Zip Code33461
Area5700
SubareaPB32
Community NamePALM BEACH FARMS CO 7
Listing VS Median (in PALM BEACH FARMS CO 7)
Price:
$1,600,000
low | high
Med:
$2,325
100% of Average
On site:
4
low | high
Med:
69
5.797101449275% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.2M - $2M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
4614 Gulfstream Road Property Photo 1
$1,250,000
4614 Gulfstream Road
Lake Worth, FL 33461
Listing Updated: October 23, 2026 at 8:15:23 PM PDT
Candace Hubbard Crum
License #: SL3507223
(561) 701-3993
Coldwell Banker Premium Realty
406 Lucerne Ave
Lake Worth Beach, FL 33460

Candace Hubbard - Coldwell Banker Premium Realty