Back to search
4537 Coconut Lake Worth, FL $ 1,700,000
Share Save
$ 1,700,000 Get more info
4537 Coconut
$ 1,700,000
Back to search
Share Save

4537 Coconut

Lake Worth, FL, 33461
$ 1,700,000
Bedrooms4 Baths4.0 Sq 3,920

Monthly Estimate*

$ 10,467

4537 Coconut, Lake Worth, FL 33461 - Image 1
4537 Coconut, Lake Worth, FL 33461 - Image 2
4537 Coconut, Lake Worth, FL 33461 - Image 3
4537 Coconut, Lake Worth, FL 33461 - Image 4
4537 Coconut, Lake Worth, FL 33461 - Image 5
4537 Coconut, Lake Worth, FL 33461 - Image 6
4537 Coconut, Lake Worth, FL 33461 - Image 7
4537 Coconut, Lake Worth, FL 33461 - Image 8
4537 Coconut, Lake Worth, FL 33461 - Image 9
4537 Coconut, Lake Worth, FL 33461 - Image 10
4537 Coconut, Lake Worth, FL 33461 - Image 11
4537 Coconut, Lake Worth, FL 33461 - Image 12
4537 Coconut, Lake Worth, FL 33461 - Image 13
4537 Coconut, Lake Worth, FL 33461 - Image 14
4537 Coconut, Lake Worth, FL 33461 - Image 15
4537 Coconut, Lake Worth, FL 33461 - Image 16
4537 Coconut, Lake Worth, FL 33461 - Image 17
4537 Coconut, Lake Worth, FL 33461 - Image 18
4537 Coconut, Lake Worth, FL 33461 - Image 19
4537 Coconut, Lake Worth, FL 33461 - Image 20
4537 Coconut, Lake Worth, FL 33461 - Image 21
4537 Coconut, Lake Worth, FL 33461 - Image 22
4537 Coconut, Lake Worth, FL 33461 - Image 23
4537 Coconut, Lake Worth, FL 33461 - Image 24
4537 Coconut, Lake Worth, FL 33461 - Image 25
4537 Coconut, Lake Worth, FL 33461 - Image 26
4537 Coconut, Lake Worth, FL 33461 - Image 27
4537 Coconut, Lake Worth, FL 33461 - Image 28
4537 Coconut, Lake Worth, FL 33461 - Image 29
4537 Coconut, Lake Worth, FL 33461 - Image 30
4537 Coconut, Lake Worth, FL 33461 - Image 31
4537 Coconut, Lake Worth, FL 33461 - Image 32
4537 Coconut, Lake Worth, FL 33461 - Image 33
4537 Coconut, Lake Worth, FL 33461 - Image 34
4537 Coconut, Lake Worth, FL 33461 - Image 35
4537 Coconut, Lake Worth, FL 33461 - Image 36
4537 Coconut, Lake Worth, FL 33461 - Image 37
4537 Coconut, Lake Worth, FL 33461 - Image 38
4537 Coconut, Lake Worth, FL 33461 - Image 39
4537 Coconut, Lake Worth, FL 33461 - Image 40
4537 Coconut, Lake Worth, FL 33461 - Image 41
4537 Coconut, Lake Worth, FL 33461 - Image 42
View a Virtual Tour

Multi-Family Home for sale in Lake Worth, FL

for $1,700,000 with 4 bedrooms and 4 full baths. This 3,920 square foot home was built in 1979 on a lot size of 0.7955.

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.

See more
Multi-Family Coming Soon

Price

$ 1,700,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 13,715

Style

Lot Size

0.7955

Year Built

1979

Town/City

Lake Worth

County/Region

Palm Beach

MLS | Web ID

B26035010
Features
General
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Electricity Available Water Available
Possession Close Of Escrow
Roof Composition
Patio/Porch Features Patio
Architectural Style One Story Fourplex
Pool Features Concrete Gunite Pool
Pets Allowed No Pet Restrictions
Year Built 1979
Electric 100 Amp Service
Tenant Pays Water
Stories Count 1
Levels One
Property Subtype Condominium
Tax Year 2025
Gross Income 7400
County Palm Beach
Property Type Residential Income
Association Amenities Pool
Subdivision Name PALM BEACH FARMS CO 7
Full Baths 4
Special Listing Conditions Listed As-Is
Status Coming Soon
Directions I95 TO 6TH AVE - WEST TO COCONUT - NORTH ON COCONUT TO 4537
High School Lake Worth
City Lake Worth
Association Name Three Palms Realty L
Senior Community Y/N false
Zoning Description RM
Number Of Units Total 4
MLS Area 5700
Lot Size Units Square Feet
Listing Terms Cash Conventional 1031 Exchange FHA 203(k) FHA VA Loan
Elementary School Starlight Cove
Year Built Details Resale
Tax Annual Amount 13715
Middle/Junior High School Tradewinds
MLS Area Minor Palm Beach 5670; 5680; 5700; 5710
Virtual Tour https://www.propertypanorama.com/4537-Coconut-Road-Lake-Worth-FL-33461/unbranded
Structure Type Multi Family
Standard Status Coming Soon
Tax Assessed Value 624029
Total Actual Rent 7400
Property Sub Type Additional Condominium Quadruplex
Expected Active Date 2026-05-31
Legal Description PALM BEACH FARMS CO PL 7 LT B (LESS NLY 26.14 FT) BLK 75
See more
Interior
Interior Amenities Main Living Area Entry Level
Flooring Tile
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 4
Total Baths 0
See more
Exterior
Exterior Amenities Courtyard None Patio Room For Pool Storm/Security Shutters
Lot Features <1 Acre Oversized Lot
Water Source Public
Foundation Details Slab
Spa false
Building Area Total 3920
Lot Size Acres 0.7955
Road Surface Type Paved
Waterfront Y/N false
Covered Spaces 0
Number of Separate Electric Meters 6
Road Frontage Type City Street
Road Responsibility Public Maintained Road
See more
* Excluded Features
List By
Three Palms Realty

Broker

sherrera@threepalmsrealty.com

Email

Affordability Calculator

$11,610
Per Month
90%
10%
0%
Monthly Principal & Interest
$10,467
Monthly Property Taxes
$1,143
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4709043 Elementary School
4417715 Middle School
Lake Worth High School High School
See complete school information
Pricing History
Date Price Price Change Description
6/11/2026 $1,700,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

4537 Coconut, Lake Worth, FL, 33461 is a Multi-Family Home for sale at $1,700,000 with 3,920 sqft and a lot size of 0.7955. 4537 Coconut has 4 bedrooms, 4.0 baths, and was built in 1979. The property's zip code is 33461 which is in Lake Worth, FL

Get more info