4812 Coconut Road, Lake Worth, FL 33461

$1,600,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12109975

Expansive lot featuring a gravel driveway, mature trees, and open green space

Expansive parcel featuring a large grass lawn, mature trees, and a gravel driveway

Property Type: Land & Docks Lot Size (sq. ft.): 42,689 Status: Active

Current Price: $1,600,000 List Date: 10/04/2026 Last Modified: 10/24/2026

Overview

Description

NEARLY ONE ACRE. MULTIFAMILY ZONING. BUILD YOUR NEXT INVESTMENT. With no HOA, multiple development options, and an existing home offering potential rental income while you plan, 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 subdivision into individual single-family lots. A maximum building height of 35 feet may accommodate three stories, depending on architectural design. Final unit count and configuration are subject to exact acreage, site requirements, and applicable approvals.The existing 3-bedroom, 2-bath home offers approximately 2,132 square feet of living space and a unique layout with rental possibilities. Features include a two-car garage with hurricane-impact-rated doors, a plumbing hookup for a ... (Read more)

Listing Details MLS# A12109975

General Property Information

Property Sub Type: Unimproved Land
Number Of Lots: Yes
Lot Size Acres: 0.1
Lot Size Square Feet: 42689
Lot Size Dimensions: 0.98
Direction Faces: West
LP/SqFt: 37.48

Property Features

Current Use: Check Land Use Plan; Residential; Other Development Status: Other Documents Available: Other Available Information Possession: Negotiable Possible Use: Residential Sewer: Public Sewer; Septic Tank Trees: Other Utilities: Cable Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available; Trash Removal Listing Terms: Cash; Conventional; Other Lot Features: Oversized Lot; Other Road Responsibility: Public Maintained Road Road Surface Type: Paved Water Source: Public Showing Requirements: Call Listing Agent Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 1600000
LP/Acre: 16326530.61

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 4812
Street Name: Coconut
Street Suffix: Road
City Name: Lake Worth
State Or Province: FL
Postal Code: 33461
Postal Code +4: 5406
Postal Zip: 33461
Subdivision Name: PALM BEACH FARMS CO 7
Area: 5700
Geographic Area: PB32
Elementary School: Starlight Cove
Middle Or Junior School: Tradewinds
High School: Lake Worth
Parcel Number: 00434430011060030
Subdivision Number: Yes
Zoning: RM
Flood Zone: X

Financial Information

Tax Year: 2025
Tax Annual Amount: 1919
Tax Legal Description: PALM BEACH FARMS CO PLAT NO 7 LT C BLK 106

Status Change Information

Major Change Timestamp: 2026-10-04T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-10-22

More Information

Price Calculations

Current Price To SqFt: 374.8

Section Details

Parcel Number MLX: 0030

Originating Details

Originating System Key: 567811985
Originating System ID: M00000151

Listing Office: LPT Realty, LLC

Last Updated: October - 24 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

4812 Coconut Road, Lake Worth, FL 33461 (MLS# A12109975)