4537 Coconut Road, Lake Worth, FL 33461
$1,600,000 · Active
- 0 baths
- 3,920 sq ft
- Quadruplex
- Built 1979
- Lot 34,651.98 sq ft
- Palm Beach County
- MLS# B26035010
- Palm Beach Farms Co 7








About this home
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 - Ideal for easy conversion to four Starter houses for young couples. 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. Walk to Kennedy Hospital and Broward Community College. 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.
Features
- Courtyard
- Gunite
- Concrete
Schools
- Elementary: Starlight Cove
- Middle: Tradewinds
- High: Lake Worth
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Three Palms Realty · info@threepalmsrealty.com · Listing agent: Sandro Marcel Herrera
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Schedule a showing
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 4537 Coconut Road.
Questions About 4537 Coconut Road
- How much is 4537 Coconut Road?
- 4537 Coconut Road is listed at $1,600,000, which is about $408 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
- What are the property taxes on 4537 Coconut Road?
- The listing reports annual property taxes of $13,716 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
- When was 4537 Coconut Road built?
- 4537 Coconut Road was built in 1979 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
- How long has 4537 Coconut Road been on the market?
- 4537 Coconut Road has been listed for 61 days, and the asking price has been reduced from $1,700,000. Days on market and price changes are the first signals of how much room there is to negotiate.
- Which schools serve 4537 Coconut Road?
- The MLS lists Starlight Cove (elementary), Tradewinds (middle), Lake Worth (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
- How do I see 4537 Coconut Road?
- Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.
Explore
Explore Nearby
Nearby Cities
- Lake Worth Beach real estate
- Boynton Beach real estate
- Palm Beach real estate
- West Palm Beach real estate
- Delray Beach real estate
- Wellington real estate
- North Palm Beach real estate
- Palm Beach Gardens real estate
Nearby ZIP Codes
- 33460 homes for sale
- 33426 homes for sale
- 33435 homes for sale
- 33436 homes for sale
- 33437 homes for sale
- 33472 homes for sale
- 33473 homes for sale
- 33480 homes for sale
Nearby ZIP codes include 33460 and 33426. This property also neighbors Lake Worth Beach, Boynton Beach, and Palm Beach.