Basic Information

  • MLS # A12109975
  • Type Other
  • Status Active
  • Subdivision/Complex Palm Beach Farms Co 7
  • Total Size 42,689 Sq.Ft / 0.98 Acre
  • Date Listed 10/22/2026
  • Days on Market 0
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 third bathroom, updated PVC plumbing, and a generator hookup. Per seller, the roof, A/C, electrical panel, and water heater are approximately two years old. City water is available. 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.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Other

Interior Features

  • Adjusted Sqft 0.98 AcreSq.Ft
  • Sqft 0.98 AcreSq.Ft

Property Features

  • Address 4812 Coconut Rd
  • Aprox. Lot Size 42,689
  • City Lake Worth
  • County Palm Beach
  • Direction Faces West
  • Furnished Info no
  • Listing Terms Cash, Conventional, Other
  • Lot Features Less Than One Acre, Oversized Lot
  • Occupant Type Call Agent
  • Possession Closing And Funding
  • Postal City Lake Worth
  • Sewer Description Public Sewer, Septic Tank
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Palm Beach Farms Co 7
  • Tax Amount $1,919
  • Tax Legal desc PALM BEACH FARMS CO PLAT NO 7 LT C BLK 106
  • Tax Year 2025
  • Terms Considered Cash, Conventional, Other
  • Type of Property Other
  • Water Source Public

4812 Coconut Rd

Lake Worth, FL 33461

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