4537 Coconut Road
Lake Worth, FL 33461
8
Bed
4
Bath
3,920Sqft
34,650Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: CompositionLaundry Features: None -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1979Building Area Total: 3920Construction Materials: Concrete, StuccoStories: 1Patio And Porch Features: PatioPool Features: Concrete, GunitePrivate Pool: YesWater front Features: None -
Exterior Features
Exterior Features: Courtyard, None, OutdoorLivingArea, UncoveredCourtyard, RoomForPool
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Lot Information
Main Square Feet: 34650 Lot Size Acres: 0.8 Lot Description: None,OversizedLotProperty Information
Subdivision: PALM BEACH FARMS CO 7 Source Property Type: ResidentialIncome MLS Area Minor: PB17 Postal Code Plus 4: 5153 Property SubType: Quadruplex Levels: One Property Age: 47
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Listing Price Information
Listing Price: $1600000Original Price: $1700000Cash, Conventional, Exchange1031, FHA, PrivateFinancingAvailable, UsdaLoan, VaLoan
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Tax Information
Parcel Number: 00434430010750010 Tax Year: 2025 Annual Tax: $13715.78 Tax Legal Desc: PALM BEACH FARMS CO PL 7 LT B (LESS NLY 26.14 FT) BLK 75
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Parking Information
Parking Total: 10Garage Information
Pets Allowed: NoPetRestrictions, PetRestrictions, Yes
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School Information
Elementary School: Starlight Cove Junior High School: Tradewinds Senior High School: Lake Worth -
Utility Information
ElectricityAvailable, WaterAvailable -
Location Information
Direction: I95 TO 6TH AVE - WEST TO COCONUT - NORTH ON COCONUT TO 4537 WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3382 Rudolf Road, Lake Worth, FL, 33461 | $799,000 | -- | -- | 2,520 | 10,174 Sq. Ft |
| 3088 Prince Drive, Lake Worth, FL, 33461 | $565,000 | 4 | 2 | 1,800 | -- |
| 4309 Gulfstream Road, Lake Worth, FL, 33461 | $1,995,000 | 8 | 4 | 1,836 | 43,560 Sq. Ft |
| 4301 Lakewood Road, Lake Worth, FL, 33461 | $505,000 | 4 | 2 | 1,764 | 9,309 Sq. Ft |
Similar Multifamily To 4537 Coconut Road
Nearby For Sale
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ByOwner last updated this listing 10/08/2026 @ 08:00
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