Drea Mize - Logo
$1,600,000
 $8,589 est/mo Sourced by Back At You

4812 Coconut Road,Lake Worth, FL 33461

Lake Worth, FL 33461

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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.

Details

MLS #A12109975
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site12
Listing Provided ByLPT Realty, LLC | Yasmeen Alexandria Davis

Features

ZoningRM
Acreage0.99

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:
$2,488
100% of Average
On site:
12
low | high
Med:
56.5
21.238938053097% of Average
Sourced by Back At You

Market Activity 33461

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Learn More About This Property

Drea Mize

Drea Mize

Premier Florida Realty

 (317) 850-9320dreatakesonswfl@gmail.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:
$2,488
100% of Average
On site:
12
low | high
Med:
56.5
21.238938053097% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.2M - $2M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
4812 Coconut Road Property Photo 1
$1,600,000
4812 Coconut Road
Lake Worth, FL 33461
4812 Coconut RD Property Photo 1
$1,600,000
4812 Coconut Rd
Lake Worth, FL 33461
4812 Coconut Rd Property Photo 1
$1,600,000
4812 Coconut Rd
Lake Worth, FL 33461
Listing Updated: November 3, 2026 at 8:43:26 PM PST

Drea Mize -