4812 Coconut Road, Lake Worth, FL 33461

$1,600,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12116745

Property Type: Land & Docks Lot Size (sq. ft.): 43,124 Status: Active

Current Price: $1,600,000 List Date: 11/02/2026 Last Modified: 11/12/2026

Overview

Description

APPROXIMATELY ONE ACRE IN LAKE WORTH BEACH! 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. The existing 3-bedroom, 2-bath home offers approximately 2,132 square feet of living space and a unique layout with the potential to convert into a duplex or triplex. Features include a two-car garage with hurricane-impact-rated doors, plumbing hookup for a third bathroom, updated PVC plumbing, and a generator h ... (Read more)

Listing Details MLS# A12116745

General Property Information

Transaction Type: Listing For Sale
Property Sub Type: Unimproved Land
Lot Size Acres: 0.99
Lot Size Square Feet: 43124
Lot Size Dimensions: .99
Lot Depth: 317
Lot Frontage: 136
LP/SqFt: 37.1

Property Features

Comprehensive Plan Use: Other Current Use: Other Documents Available: Survey Environmental Audit: None Location of Property: County Location Possession: Negotiable Sewer: Septic Tank Special Information: County Jurisdiction Utilities: Cable Available; Electricity Available; Natural Gas Available; Water Available Listing Terms: Cash; Conventional; Other Lot Features: Cleared; Home Road Responsibility: Public Maintained Road Road Surface Type: Paved Tax Information: Lake Worth Drain District Water Source: Public Showing Requirements: Call Listing Agent Acreage Description: 1/2 To Less Than 1 Acre Lot; 1 To Less Than 2 Acre Lot; 2 To Less Than 3 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 1600000
LP/Acre: 1616161.62
LP/Frontage: 11764.71

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: PB17
Elementary School: Starlight Cove
Middle Or Junior School: Tradewinds
High School: Lake Worth
Parcel Number: 00434430011060030
Subdivision Number: Yes
Multiple Offers Accepted: Yes
Zoning: RM
Flood Zone: X

Financial Information

Tax Year: 2026
Tax Annual Amount: 1987
Tax Legal Description: PALM BEACH FARMS CO PLAT NO 7 LT C BLK 106

Status Change Information

Major Change Timestamp: 2026-11-02T05:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-11-02

More Information

Income and Expenses

Inc/Exp Statement Period: November

Price Calculations

Current Price To SqFt: 37.1

Section Details

Parcel Number MLX: 0030

Originating Details

Originating System Key: 569552489
Originating System ID: M00000151

Listing Office: LPT Realty, LLC

Last Updated: November - 12 - 2026

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4812 Coconut Road, Lake Worth, FL 33461 (MLS# A12116745)