What is the asking price and what does it include?

The list price for 4537 Coconut Road, Lake Worth FL 33461 is $1,700,000. The property is a property with — bedrooms, — bathrooms, approximately 3920 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 4537 Coconut Road, Lake Worth FL 33461 in Lake Worth, 33461. Coordinates are approximately 26.6098514, -80.1001585. Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Lake Worth — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 1,700,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 4537 Coconut Road, Lake Worth FL 33461.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

4537 Coconut Road, Lake Worth FL 33461 | Palm Beach County

0
Bathroom

3920 Sq Ft
Area Size

Active

4537 Coconut Road, Lake Worth FL 33461 | Palm Beach County | B26035010

$1,700,000

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.

Address

Open on Google Maps

Address: Coconut
City: Lake Worth
Zip/Postal Code: 33461

Details

Updated on June 11, 2026 at 4:38 pm

Property ID B26035010
Price $1,700,000
Property Size 3920 Sq Ft
Bathroom 0
Year Built 1979
Property Status Active

Additional details

MIAMIRE_YearInstalled 1979
LivingAreaUnits Square Feet
MIAMIRE_SeparateMeterYN No
Flooring Tile
PhotosCount 56
MIAMIRE_SubdivisionNumber 1
ViewYN No
Cooling Central Air
MIAMIRE_EnvironmentalAudit None
DocumentsCount 1
MIAMIRE_NumMeters 6
TaxExemptions Tax Reflects No Homestead Exemption
HeatingYN Yes
MIAMIRE_ApproxSqftTotalArea 34650
ListingKeyNumeric 502256790
MIAMIRE_GeographicArea Palm Beach 5670; 5680; 5700; 5710
MLSAreaMajor Palm Beach Farms Co 7
TaxAnnualAmount 13715
AssociationYN No
MlsStatus Active
StreetNumber 4537
ListingKey ddaeeb55a75fbb61f73665a9a92544d9
MIAMIRE_PoolYN Yes
MIAMIRE_MainLivingArea Entry Level
ElementarySchool Starlight Cove
Directions I95 TO 6TH AVE - WEST TO COCONUT - NORTH ON COCONUT TO 4537
Roof Composition Roll
PoolPrivateYN Yes
ListingTerms All Cash, Conventional, Exchange, FHA, FHA 203K, VA Loan
WaterfrontYN No
SubdivisionName PALM BEACH FARMS CO 7
InternetAddressDisplayYN Yes
WaterSource Public
StoriesTotal 1
ElectricOnPropertyYN Yes
MIAMIRE_NumTimesLeasedYear 12
MIAMIRE_Restrictions No Restrictions
PetsAllowed Yes
AssociationAmenities Private Pool
MIAMIRE_NumFloors 1
MIAMIRE_EfficiencyYN No
StreetNumberNumeric 4537
PostalCodePlus4 5153
PoolFeatures Concrete, Gunite
NumberOfUnitsInCommunity 4
Heating Central
MIAMIRE_Area 5700
StructureType Fourplex
ListingAgreement Exclusive Right To Sell
RoadResponsibility Public Maintained Road
ListingId B26035010
CommunityFeatures Paved Road
BuildingAreaUnits Square Feet
InternetEntireListingDisplayYN Yes
InternetAutomatedValuationDisplayYN Yes
TaxYear 2025
ConstructionMaterials Slab Construction
MIAMIRE_SubdivisionInformation Paved Road
InternetConsumerCommentYN Yes
BuildingAreaTotal 3920
CoolingYN Yes
LotSizeUnits Square Feet
MIAMIRE_SpecialAssessmentYN No
RoadSurfaceType Paved Road, Paved
ListingContractDate 2026-05-31
Zoning RM
MIAMIRE_NumLeasesYear 12
MIAMIRE_AcreageDescription 1/2+ To 3/4 Acre
BusinessType Condominium, Residential-Multi-Family
RoadFrontageType City Street, City/County Maintained, Paved Road, City
StateOrProvince FL
MiddleOrJuniorSchool Tradewinds
MIAMIRE_DadeMarketAmtAssessedAmt 624029
Stories 1
SignOnPropertyYN No
YearBuiltDetails Resale
HighSchool Lake Worth
Levels 1
IDXParticipationYN Yes
StreetSuffix Road
HorseYN No
LeasableAreaUnits Square Feet
SpaYN No
Sewer Septic Tank
SyndicationRemarks 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.
MIAMIRE_LPAmtSqFt 433.6735
PatioAndPorchFeatures Patio
Utilities Electricity Connected, Septic, Water Connected, Electricity Available, Water Available
WindowFeatures Partial Accordian Shutters
NewConstructionYN No
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BuildingFeatures Room For Pool, Sidewalk
LotFeatures 1/2 To Less Than 3/4 Acre Lot, Less Than 1 Acre, Oversized Lot, Septic, Sidewalk
MIAMIRE_OkToAdvertiseList Yes - Attribution Required (Agent and Office)
DocumentsAvailable Copies Of Lease(S)
NumberOfUnitsTotal 4
LotSizeSquareFeet 0
TenantPays Water
MIAMIRE_DockInformation None
Electric 101-200 Amps
ArchitecturalStyle One Story
UnparsedAddress 4537 Coconut Road, Lake Worth FL 33461
MIAMIRE_Blogging Yes
FeedTypes IDX