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4812 Coconut RD Lake Worth, FL 33461
0.99 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226040103
HOA Y/N No
Annual Tax Amount $1,919
Tax Year 2025
Lot Size 0.990 Acres
Acres 0.99
Source Bonita Springs
Property Description
One or more photo(s) has been virtually staged, AI generated or rendered. 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.
Location
State FL
County Palm Beach
Community Non-Gated
Area Not Applicable
Interior
Fireplace No
Exterior
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Amenities Available None
Waterfront Description None
View Y/N Yes
Present Use 03-Multi-Family-10 Units Or More
Garage No
Building
Lot Description Oversize, See Remarks
Sewer Septic Tank
Water Central
New Construction No
Others
Senior Community No
Tax ID 00434430011060030
Listed by LPT Realty, LLC • Yasmeen Davis