For saleActiveListed May 31, 2026 · 64 days
$1,600,000

4537 Coconut Rd, Lake Worth, FL 33461

– baths3,920 sq ft$408 per sq ftBuilt 1979

As of , this condo is for sale at $1,600,000 ($408 per sq ft). It was listed on .

MLS data updated .

Key facts

Type
Condo
Year built
1979
Property tax
$13,715 (2025)
Waterfront
No
Pets
No pets
Cooling
Central Air
Heating
Central
MLS number
B26035010

Listing information

Listing courtesy of Three Palms Realty, 561-316-8711, info@threepalmsrealty.com

Listing agent: Sandro Marcel Herrera, sherrera@threepalmsrealty.com

BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.

MIAMI MLS. Listing data from MIAMI MLS (South East Florida Regional MLS). Information is deemed reliable but not guaranteed.

Listing information is provided for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify homes consumers may want to buy or rent.

Listing last changed .

From the listing

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 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. Walk to Kennedy Hospital and Broward Community College. 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.

The text above is the listing description from the MLS, as written by the listing agent.

The Lake Worth market

As of , the median asking price in Lake Worth is $385,000, or $240 per sq ft, across 866 listings for sale. The median listing for sale there has been on the market for 62 days.

Price and status history

Listing date
Days on market
64
Original list price
$1,700,000
Price changes
1
DateEventPrice
Price changed$1,700,000 → $1,600,000
Listed$1,700,000

From the MLS. RealVista does not show sold prices.

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