- MLS® #: B26035010
- 4537 Coconut Road
- Lake Worth, FL 33461-5153
- $1,700,000
- 3,920 SqFt
- Income
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 alike. Professionally managed and 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 the property's long-term desirability, there are currently no future development plans for the lots directly north of the property, helping preserve privacy and open space. Conveniently located near I-95, Palm Beach International Airport, downtown Lake Worth Beach, and major employment centers, this property offers strong rental demand and excellent accessibility. Residents enjoy proximity to beautiful beaches, John Prince Park, golf courses, boating, shopping, dining, and entertainment. Just minutes away, downtown Lake Worth Beach features vibrant restaurants, art galleries, live music venues, breweries, and year-round community events. The nearby Lake Worth Beach Municipal Golf Course, waterfront parks, fishing piers, and Atlantic Ocean beaches provide endless outdoor recreation opportunities. Whether you're seeking immediate cash flow, future redevelopment potential, or a long-term hold in a rapidly growing Palm Beach County market, this property presents a rare opportunity with significant upside.
View Virtual TourEssential Information
- MLS® #B26035010
- Price$1,700,000
- CAD Dollar$2,409,325
- UK Pound£1,268,467
- Euro€1,488,756
- Bathrooms0.00
- Square Footage3,920
- Year Built1979
- TypeIncome
- Sub-TypeCondominium
- StyleOne Story, Fourplex
- StatusActive
Community Information
- Address4537 Coconut Road
- Area5700
- SubdivisionPALM BEACH FARMS CO 7
- CityLake Worth
- CountyPalm Beach
- StateFL
- Zip Code33461-5153
Amenities
- AmenitiesPool
- Pets AllowedNoPetRestrictions
Utilities
Electricity Available, Water Available
Interior
- InteriorTile
- Interior FeaturesMain Living Area Entry Level
- HeatingCentral
- CoolingCentral Air
- # of Stories1
- StoriesOne
Exterior
- RoofComposition
- FoundationSlab
Exterior Features
Courtyard, None, Patio, Room For Pool, Storm/Security Shutters
School Information
- ElementaryStarlight Cove
- MiddleTradewinds
- HighLake Worth
- Office: Three Palms Realty
4537 Coconut Road on www.jupiteroceanfronthomes.us
Offered at the current list price of $1,700,000, this home for sale at 4537 Coconut Road features bedrooms and 0 bathrooms. This real estate listing is located in PALM BEACH FARMS CO 7 of Lake Worth, FL 33461-5153 and is approximately 3,920 square feet. 4537 Coconut Road is listed under the MLS ID of B26035010 and has been on the Lake Worth real estate market for 11 days.The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of July 11th, 2026 at 3:11pm CDT (date/time).
All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Waterfront Properties and Club Communities shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 MLS of RAMB.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing