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4812 Coconut Road, Lake Worth, Florida 33461

Active For Sale
$1,600,000
  • Beds 0
  • Baths 0
  • Sq Ft 0 Sqft
  • Visits: 1 in 43 days

Description

APPROXIMATELY ONE ACRE. MULTIFAMILY ZONING. BUILD YOUR NEXT INVESTMENT. With no HOA, multiple development options, and an existing home offering potential rental income while you build, 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 divide the land into individual single-family lots. A maximum building height of 35 feet may accommodate three stories, depending on architectural design. The existing 3-bedroom, 2-bath home offers approximately 2,132 square feet of living space and a unique layout offering the potential to convert the existing home into a duplex or triplex. Plumbing hookup is ready for a third bathroom. The roof, AC Unit, Electrical panel and water heater are 2 years old. Plumbing has been updated to PVC, there is a generator hookup and a 2 car garage with impact doors. 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.

Address Map

  • Country: US
  • State: FL
  • County: Palm Beach
  • City: Lake Worth
  • Subdivision: PALM BEACH FARMS CO 7
  • Zipcode: 33461
  • Street: Coconut
  • Street Number: 4812
  • Street Suffix: Road
  • Floor Number: 0
  • Longitude: W81° 54' 2.9''
  • Latitude: N26° 36' 20.7''
  • MLS Area: 5700

MLS Addon

  • Association Fee: $0
  • Association Fee Frequency: Monthly
  • Carport Spaces:
  • Close Date:
  • Close Price: $0
  • Development Status: Other
  • Elementary School: Starlight Cove
  • Fireplaces Total: 0
  • Garage Spaces: 0
  • High School: Lake Worth
  • Insurance Expense: $0
  • Listing Terms: Cash, Other, Conventional
  • Lot Features: Oversized Lot, Other
  • Lot Size Dimensions: 0.99
  • Middle Or Junior School: Tradewinds
  • New Taxes Expense: $0
  • Stories: 0
  • Stories Total: 0
  • Tax Annual Amount: $1,919
  • Tax Year: 2025
  • Utilities: Cable Available, Electricity Available, Sewer Available, Trash Collection, Water Available, Natural Gas Available
  • Zoning: RM

Location

Listing Updated: 2026-11-13 15:00:46

  • Property Type : Land
  • Property Sub Type : Unimproved Land
  • Listing Type : For Sale
  • Listing ID : A12109975
  • Price : $1,600,000
  • View : Pond, Water
  • Bedrooms : 0
  • Bathrooms : 0
  • Full Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 0 Sqft
  • Year Built : 0
  • Lot Area : 0.99 Acre
  • Listing Status : Active
  • Days On Market : 42
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