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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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4812 Coconut Rd , Lake Worth, FL 33461
$1,600,000
Est. Payment: $8,541.68/mo
0.98 Acres
Status: active | Days on site: 29
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LPTR01 - 3513941
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House 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.

Highlights

Listed by Yasmeen Davis , 305-416-8718 LPT Realty, LLC , 877-366-2213. REALTOR Association of Greater Miami and the Beach

Property Type

Vacant Land

Lot/Acreage
0.98

County

Palm Beach

Area

5700

Neighborhood

Palm Beach Farms Co 7

Listing ID

A12109975

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Interior Features

Water:Public

Exterior Features

Lot:<1 Acre,Oversized Lot
Zoning:RM
Sewer:Public Sewer,Septic Tank
Principal Interest
$8,542
Taxes
$160

Home Price

$1,600,000

Loan Details

30 yrs
7.03%

Down Payment

20%
$320,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,541.68

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,541.68 $159.92 $0.00 $8,701.59
Yearly $102,500.12 $1,919.00 $0.00 $104,419.12
Total $3,075,003.66 $57,570.00 $0.00 $3,132,573.66

Today's Rates

30 Year

7.03%

20 Year

6.92%

15 Year

6.45%

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Market insight data is pulled from the same city as the listing being viewed (Lake Worth, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-03T01:08:00.000Z

© 2026 REALTOR Association of Greater Miami and the Beach