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    4537 Coconut Road, Lake Worth, FL 33461

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    Oversized multifamily land with a buried pool and units featuring flex rooms for office or additional living space.

    Type:Multifamily
    Property size:
    3,920 SF
    Lot size:
    0.80 Acres
    Price / SF:
    $433/SF
    Added:
    Jun 9, 2026
    Days on Market:
    16
    Last Refresh:
    Jun 20 at 8:40 am

    Property Features for 4537 Coconut Road

    General Information

    Standard status
    Active
    Size
    3,920 SF
    Lot size
    0.80 Acres
    Property subtype
    Multifamily

    Building Details

    Year Built
    1979

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    Listing Contact
    Sandro Herrera
    Sandro Herrera

    Listing agent Sandro Herrera License #3285502

    Listing office Three Palms Realty

    Listing date Jun 9, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Three Palms Realty

    HighLights

    • Year built: 1979
    • Situated on an oversized nearly 0.80‑acre lot
    • Income‑producing multifamily property with an existing buried swimming pool
    • Each unit includes an additional “spare or flex” room for an office or a kid’s room
    • No future development plans reported for the lots directly north of the property
    • Convenient to I‑95, Palm Beach International Airport, and downtown Lake Worth Beach

    Overview

    This offering is a multifamily residential income property on an oversized, nearly 0.80-acre lot. The existing configuration includes units where each has an additional “spare or flex” room that can be used as an office or an additional room. A distinctive feature is an existing buried swimming pool, which the current information notes may be restored. The property is described as professionally managed.

    The property is located at 4537 Coconut Road in Lake Worth, FL, with access described as convenient to I-95, Palm Beach International Airport, downtown Lake Worth Beach, and major employment centers. The surrounding area is characterized by nearby beaches and outdoor recreation, along with shopping, dining, and entertainment options, including John Prince Park and the Lake Worth Beach Municipal Golf Course.

    For investors or operators, the combination of an income-producing multifamily asset, on-site flex rooms, and room for future expansion or redevelopment provides a practical foundation for value-add planning. The information also states there are currently no future development plans for lots directly north of the property, which may help preserve privacy and open space. This property is being presented as an opportunity for buyers seeking a managed multifamily landholding with redevelopment flexibility in the Lake Worth area.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Worth
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.10012
    Latitude
    26.609846

    FAQs

    What type of property is this?
    Multifamily property - Oversized multifamily land with a buried pool and units featuring flex rooms for office or additional living space.
    Where is this multifamily property located?
    The property is located at 4537 Coconut Road Lake Worth, FL.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: Year built: 1979; Situated on an oversized nearly 0.80‑acre lot; Income‑producing multifamily property with an existing buried swimming pool
    (561) 316-9691 Call to check price and availability
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