How do I schedule a tour of 4537 Coconut Road, Lake Worth, FL 33461?

Use the Tour button on this listing to request a showing of 4537 Coconut Road, Lake Worth, FL 33461. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 4537 Coconut Road, Lake Worth, FL 33461 still available?

4537 Coconut Road, Lake Worth, FL 33461 is currently listed as Active, and has been on the market 48 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 4537 Coconut Road, Lake Worth, FL 33461?

With 20% down ($320,000) on the $1,600,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 4537 Coconut Road, Lake Worth, FL 33461 is about $8,409/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 4537 Coconut Road, Lake Worth, FL 33461?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 4537 Coconut Road, Lake Worth, FL 33461. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

What schools serve 4537 Coconut Road, Lake Worth, FL 33461?

4537 Coconut Road, Lake Worth, FL 33461 is zoned for Starlight Cove (elementary), Tradewinds (middle), Lake Worth (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 4537 Coconut Road, Lake Worth, FL 33461?

Often, yes. The right offer on 4537 Coconut Road, Lake Worth, FL 33461 depends on how it's priced against comparable multi-family sales in Lake Worth, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Active

48 Days on Market

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$1,600,000

4537 Coconut Road

Lake Worth, FL 33461

PALM BEACH FARMS CO 7

Explore the area: Lake Worth homes for sale · Palm Beach County real estate

Price Check

How this price compares

List price: $1,600,000
Price per sq ft: $408
Original price: $1,700,000
Days on market: 48

This multi-family property in Palm Beach Farms Co 7 is listed at $1,600,000, or $408 per square foot. The asking price has come down 5.9% from its original $1,700,000. It has been on the market for 48 days.

Bedrooms

Bathrooms

3,920

Living Sq Ft

1979

Year Built

Estimated monthly payment

$8,409 /mo

Principal and interest only, based on $320,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price: $1,600,000
Days on Site: 48 Days
Bedrooms: 0
Total Baths: 0
Living Area: 3,920 sqft
Total Sq Ft: 3,920 sqft
Lot Size: 0.8 Acres
Year Built: 1979
Property Type: Multi-Family
MLS #: B26035010
Property Tax: $13,716 (2025)
Subdivision: PALM BEACH FARMS CO 7
County: Palm Beach
Status: Active
Special Conditions: Standard / Listed As Is

About This Property

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.

MLS media link

General Features

Property Type: Multi-Family
Status: Active
Year Built: 1979
Property Condition: Resale
Number of Stories: 1
Levels: One
Lot Size (Acres): 0.8
Living Sq Ft: 3,920
Total Sq Ft: 3,920
Structure Type: Multi Family / Quadruplex
Sewer: Septic Tank
Water Source: Public
Zoning: RM

Interior Features

Cooling: Central Air
Heating: Central
Flooring: Tile
Laundry: None

Exterior Features

Construction: Concrete / Stucco
Roof: Composition
Exterior Features: Courtyard / None / Outdoor Living Area / Uncovered Courtyard / Room For Pool
Private Pool: Yes
Pool Features: Concrete / Gunite
Patio & Porch: Patio
Lot Features: None / Oversized Lot
Waterfront Features: None

Community & HOA

Community Features: Sidewalks
Utilities: Electricity Available / Water Available
Pets Allowed: No Pet Restrictions / Pet Restrictions / Yes
Financing Terms: Cash / Conventional / Exchange1031 / FHA / Private Financing Available / Usda Loan / Va Loan
Restrictions: No Restrictions / Ok To Lease
MLS Area: 5700

Schools

Elementary School: Starlight Cove
Middle School: Tradewinds
High School: Lake Worth

About the Community

Palm Beach Farms Co

View Community Details →

Homes for Sale: 20
Under Contract: 4
Median List Price: $1,267,500
Median $/Sq Ft: $434
Avg Days on Market: 200

View all 20 homes for sale in Palm Beach Farms Co →

Frequently Asked Questions

How do I schedule a tour of 4537 Coconut Road, Lake Worth, FL 33461?: Use the Tour button on this listing to request a showing of 4537 Coconut Road, Lake Worth, FL 33461. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 4537 Coconut Road, Lake Worth, FL 33461 still available?: 4537 Coconut Road, Lake Worth, FL 33461 is currently listed as Active, and has been on the market 48 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 4537 Coconut Road, Lake Worth, FL 33461?: With 20% down ($320,000) on the $1,600,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 4537 Coconut Road, Lake Worth, FL 33461 is about $8,409/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 4537 Coconut Road, Lake Worth, FL 33461?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 4537 Coconut Road, Lake Worth, FL 33461. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 4537 Coconut Road, Lake Worth, FL 33461?: 4537 Coconut Road, Lake Worth, FL 33461 is zoned for Starlight Cove (elementary), Tradewinds (middle), Lake Worth (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 4537 Coconut Road, Lake Worth, FL 33461?: Often, yes. The right offer on 4537 Coconut Road, Lake Worth, FL 33461 depends on how it's priced against comparable multi-family sales in Lake Worth, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Three Palms Realty

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$1,600,000

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Listed by Sandro Marcel Herrera, Three Palms Realty

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Recently sold homes in Palm Beach Farms Co 7

These are the last 6 recorded closings in Palm Beach Farms Co 7, with the price each home actually sold for rather than what it was listed at. They closed at a median of $349 per square foot. The most recent closed on October 2, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.