Home›4812 Coconut Road

Land in Lake Worth

APPROXIMATELY ONE ACRE. MULTIFAMILY ZONING. BUILD YOUR NEXT INVESTMENT. With no HOA, multiple development options, and an existing home offering potential rental income while you build, 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 divide the land into individual single-family lots. A maximum building height of 35 feet may accommodate three stories, depending on architectural design. The existing 3-bedroom, 2-bath home offers approximately 2,132 square feet of living space and a unique layout offering the potential to convert the existing home into a duplex or triplex. Plumbing hookup is ready for a third bathroom. The roof, AC Unit, Electrical panel and water heater are 2 years old. Plumbing has been updated to PVC, there is a generator hookup and a 2 car garage with impact doors. 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.

Property Highlights

Sewer

  • Public Sewer
  • Septic Tank

Trees

  • Other

Utilities

  • Cable Available
  • Electricity Available
  • Natural Gas Available
  • Sewer Available
  • Water Available
  • Trash Removal

Possession

  • Negotiable

Current Use

  • Check Land Use Plan
  • Residential
  • Other

LotFeatures

  • Oversized Lot
  • Other

WaterSource

  • Public

Lot Features

  • Oversized Lot
  • Other

Possible Use

  • Residential

Water Source

  • Public

Listing Terms

  • Cash
  • Conventional
  • Other

Road Surface Type

  • Paved

Development Status

  • Other

Acreage Description

  • 12 To Less Than 1 Acre Lot

Documents Available

  • Other Available Information

Road Responsibility

  • Public Maintained Road

Showing Requirements

  • Call Listing Agent

Property Details

Property TypeLand
StyleUnimproved Land
CountyPalm Beach
SubdivisionPALM BEACH FARMS CO 7
Baths0
Lot Size43,124 sq ft
Annual Tax$1,919 (2025)
Listing OfficeLPT Realty, LLC
Listing AgentYasmeen Alexandria Davis
Office Phone877-366-2213

4812 Coconut Road, Lake Worth, FL 33461