4537 Coconut ,One Story, Quadruplex, Fourplex, Palm Beach Farms Co 7 for Sale

4537 Coconut for Sale

Price $1,700,000.00

• Lot size 3920
• Year Build 1979
• Waterfront
• Zip 33461
• Style One Story
• Parking Description
• Pool Yes Concrete, Gunite
• Status Active

Description

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.

PALM BEACH FARMS CO PL 7 LT B (LESS NLY 26.14 FT) BLK 75

1/2 To Less Than 3/4 Acre Lot, Less Than 1 Acre, Oversized Lot, Septic, Sidewalk

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.

City:Lake Worth,Zoning:RM,Country:United States,List A O R:BeachesMLS,Stories:1,Tax Year:2025,Latitude:26.6098514,Cooling Y N:1,Heating Y N:1,List Price:1700000,Listing Id:B26035010,Longitude:-80.1001585,Mls Status:Active,Utilities:1:Septic,2:Water Connected,3:Electricity Available,4:Water Available,Year Built:1979,Directions:I95 TO 6TH AVE - WEST TO COCONUT - NORTH ON COCONUT TO 4537,High School:Lake Worth,Living Area:3920,Postal Code:33461,Street Name:Coconut,Coordinates:1:26.6098514,Gross Income:7400,Lot Features:1:Less Than 1 Acre,2:Oversized Lot,3:Septic,4:Sidewalk,Photos Count:56,Business Type:1:Residential-Multi-Family,Listing Terms:1:Conventional,2:Exchange,3:FHA,4:FHA 203K,5:VA Loan,Lot Size Acres:0.7955,Lot Size Units:Square Feet,M I A M I R E_ Area:5700,M L S Area Major:Palm Beach Farms Co 7,On Market Date:2026-05-31,Parcel Number:00434430010750010,Pool Features:1:Gunite,Property Type:Residential Income,Stories Total:1,Street Number:4537,Street Suffix:Road,Pool Private Y N:1,Public Remarks: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.,County Or Parish:Palm Beach County,Documents Count:1,Expiration Date:2026-11-30,List Office Name:Three Palms Realty,M I A M I R E_ Pool Y N:1,Standard Status:Active,Living Area Units:Square Feet,Postal Code Plus4:5153,Property Sub Type:Quadruplex,Road Surface Type:1:Paved,State Or Province:FL,Subdivision Name:PALM BEACH FARMS CO 7,Tax Annual Amount:13715,Total Actual Rent:7400,Unparsed Address:4537 Coconut Road, Lake Worth FL 33461,Building Features:1:Sidewalk,Elementary School:Starlight Cove,Exterior Features:1:None,2:Room For Pool,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Road Frontage Type:1:City/County Maintained,2:Paved Road,3:City,Year Built Details:Resale,Building Area Total:3920,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:433.6735,M I A M I R E_ Num Floors:1,M I A M I R E_ Num Meters:6,Original List Price:1700000,I D X Participation Y N:1,M I A M I R E_ Last Status:Coming Soon,Number Of Units Total:4,Syndication Remarks: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.,Listing Contract Date:2026-05-31,Originating System I D:miamire,Showing Instructions:Go Directly,List Agent Must Accompany,Lockbox-No Appointment,Text Agent Phone Number,Street Number Numeric:4537,Tax Legal Description:PALM BEACH FARMS CO PL 7 LT B (LESS NLY 26.14 FT) BLK 75,Electric On Property Y N:1,M I A M I R E_ Current Price:1700000,Middle Or Junior School:Tradewinds,M I A M I R E_ Num Leases Year:12,M I A M I R E_ Year Installed:1979,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Geographic Area:Palm Beach 5670; 5680; 5700; 5710,M I A M I R E_ Main Living Area:Entry Level,M I A M I R E_ Parcel Number M L X:0043,Contract Status Change Date:2026-05-31,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Management Company:Three Palms Realty L,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),M I A M I R E_ Subdivision Number:1,M I A M I R E_ Acreage Description:1/2+ To 3/4 Acre,M I A M I R E_ Environmental Audit:None,M I A M I R E_ Num Times Leased Year:12,M I A M I R E_ Agent Alternate Phone:561-316-9691,M I A M I R E_ Approx Sqft Total Area:34650,Internet Entire Listing Display Y N:1,M I A M I R E_ Management Company Phone:561--316-8711,M I A M I R E_ Dade Market Amt Assessed Amt:624029,M I A M I R E_ Multiple Offers Accepted Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:433.67,Internet Automated Valuation Display Y N:1,