Unimproved Land in 4812 Coconut Road, Lake Worth, FL 33461 for sale with MLS# A12109975

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.

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4812 Coconut Road, Lake Worth, FL 33461

Price
Price:
$1,600,000.00
Original List Price:
$1,600,000.00
List Price per Sq Ft (Calculated, Approx.):
$374.8
List Price per Sq Ft (Calculated, Approx.):
$37.48
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
New Listing
Last Major Update on:
October 4, 2026 4:00 am
Measures
Lot Size Dimensions and Info:
0.98
Lot Features:
Other, Oversized Lot
Lot Size Acres:
0.098
Number of Lots:
1
Property Features
Waterfront:
No
Current Use:
Other, Residential, Check Land Use Plan
Vegetation and Trees:
Other
Property Entrance Faces:
West
Road Responsibility:
Public Maintained Road
Construction
Possible Use:
Residential
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$1,919.00
Tax Year:
2025
Utilities
Sewer:
Septic Tank, Public Sewer
Utilities Available:
Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Trash Removal
Water Source:
Public
Community
Subdivision Name:
PALM BEACH FARMS CO 7
Senior Community:
No
Development Status:
Other
Terms
Documents Available:
Other Available Information
Listing Terms Considered by Seller:
Cash, Conventional, Other
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
PALM BEACH FARMS CO PLAT NO 7 LT C BLK 106
Real Estate Folio Number (Parcel Number):
00434430011060030
Zoning:
RM
Public Schools Assigned
Elementary School:
Starlight Cove
High School:
Lake Worth
Middle Or Junior School:
Tradewinds
Listing History
Active on the market since:
October 4, 2026
Listing Agreement executed on:
October 4, 2026
Listing Status Last Changed On:
October 4, 2026 4:00 am
Photos updated on:
October 24, 2026 1:04 am
Last Modified:
October 24, 2026 1:05 am
Additional Information
Courtesy of:
LPT Realty, LLC
Attribution:
Not provided
Road Surface Type:
Paved
Location
Street Name:
Coconut
Street Number:
4812
City:
Lake Worth
State:
Florida
Zip Code:
33461
County:
Palm Beach
Latitude:
N26° 36' 20.7''
Longitude:
W81° 54' 2.9''
Street Suffix:
Road
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $61,218
Median Home Value $263,400
Median Rent $1,615/mo
Median Age 36
Population 49,245
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Association of REALTORS®
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