Address

4812 Coconut Rd, LAKE WORTH, FL

Listing Type

Active

Price

$ 1,600,000

Property Attributes

MLS#226040103
TypeSingle Family
Listing Status Active
CountyPalm Beach
CityLAKE WORTH
AreaOA01 - Out of Area
NeighborhoodNOT APPLICABLE
Zip33461
Style
Taxes$ 1919
Price$ 1,600,000
Bedrooms0
Full Bathrooms0
Half Bathrooms0
Lot Size0.99 Acres

Data Source:

Bonita Springs-Estero AOR

Property Description

One or more photo(s) has been virtually staged, AI generated or rendered. 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.

Price History
11/4/2026	Listed $1,600,000

General Features

Gulf Access	false
Sewer	Septic Tank
Utilities	Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Water Available
Possession	Close Of Escrow
Association Fee Includes	None
View	None/Other
Property Subtype	Unimproved Land
Tax Year	2025
Current Use	Commercial,Multi_MF,Multi_SF,Other/See Remarks
Waterfront Features	None
Community Features	None,Non-Gated
Building Name	NOT APPLICABLE
County	Palm Beach
Property Type	Land
Subdivision Name	NOT APPLICABLE
Facing Direction	West
Possible Use	See Remarks
Status	Active
Directions	From I-95, Take Lantana Road Exit and head West. Turn North onto S Coconut Road, The property is on the left.
City	LAKE WORTH
MLS Area	OA01 - Out of Area
Lot Size Units	Acres
Lot Size Square Feet	43124.4
Land Lease Y/N	false
Tax Annual Amount	1919
Showing Instructions	Call Listing Agent
Building Area Units	Square Feet
Living Area Units	Square Feet
Standard Status	Active
Legal Description	PALM BEACH FARMS CO PLAT NO 7 LT C BLK 106

Exterior Features

Lot Features	Oversize,See Remarks,Cleared,Home
Water Source	Central
Lot Size Area	0.99
Spa	false
Lot Dimensions	135 x 135 x 318 x 318
Lot Size Acres	0.99
Frontage Length	135
Lot Size Source	Survey
Waterfront Y/N	false
Road Responsibility	County Maintained
LotDimensionsSource	Survey