# 4537 Coconut Road, Lake Worth, FL 33461 > **TL;DR:** 8bd/0ba multi-family, $1,600,000 ($408/sqft), built 1979, 3,920 sqft. > Pool, A/C. Est. $8,557/mo. Listed 150 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,600,000 | | Price/sqft | $408 | | Bedrooms | 8 | | Square Feet | 3,920 | | Year Built | 1979 | | Lot Size | 34,848 sqft (0.80 acres) | | Stories | 1 | | Property Type | Multi-Family (Quadruplex) | | Status | Active | | Days on Market | 150 | ## Why This Home Stands Out - **Pool** - Patio ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $8,090 | | Estimated Insurance | $467 | | **Total** | **$8,557** | ## Nearby Schools - **Elementary:** Starlight Cove - **Middle:** Tradewinds - **High:** Lake Worth ## Key Amenities - Pool - A/C ## Property Highlights - Built in 1979 - 0.80 acre lot - Private pool ## Description ### Agent Description 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. ## Location - **Address:** 4537 Coconut Road, Lake Worth, FL 33461 - **County:** Palm Beach - **Neighborhood:** PALM BEACH FARMS CO 7 - **Coordinates:** 26.609845, -80.100118 - **Google Maps:** https://www.google.com/maps?q=26.609845,-80.100118 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/4537-Coconut-Road-Lake-Worth-FL-33461/unbranded ## Listing Agent - **Name:** Sandro Marcel Herrera · **License:** 3285502 - **Brokerage:** Three Palms Realty LLC - **Broker Phone:** (561) 316-8711 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/4537-Coconut-Rd_Lake-Worth_FL_33461_M64530-56333?f=listhub&s=RMLSFL&m=B26035010&c=propsimple) ## Photos ![4537 Coconut Road - Photo 1](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f1728742181r.jpg) ![4537 Coconut Road - Photo 2](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f2187229824r.jpg) ![4537 Coconut Road - Photo 3](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f4284776421r.jpg) ![4537 Coconut Road - Photo 4](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f1260833445r.jpg) ![4537 Coconut Road - Photo 5](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f3476853153r.jpg) ![4537 Coconut Road - Photo 6](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f1378213071r.jpg) ![4537 Coconut Road - Photo 7](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f621469291r.jpg) ![4537 Coconut Road - Photo 8](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f3432719501r.jpg) ![4537 Coconut Road - Photo 9](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f2693867361r.jpg) ![4537 Coconut Road - Photo 10](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f4163294613r.jpg) ![4537 Coconut Road - Photo 11](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f1695486650r.jpg) ![4537 Coconut Road - Photo 12](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f4278747974r.jpg) ![4537 Coconut Road - Photo 13](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f492953216r.jpg) ![4537 Coconut Road - Photo 14](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f4189854563r.jpg) ![4537 Coconut Road - Photo 15](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f2729063348r.jpg) ![4537 Coconut Road - Photo 16](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f903175709r.jpg) ![4537 Coconut Road - Photo 17](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f758103677r.jpg) ![4537 Coconut Road - Photo 18](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f2742367655r.jpg) ![4537 Coconut Road - Photo 19](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f3473587193r.jpg) ![4537 Coconut Road - Photo 20](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f758103677r.jpg) ![4537 Coconut Road - Photo 21](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f2197563356r.jpg) ![4537 Coconut Road - Photo 22](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f1000856725r.jpg) ![4537 Coconut Road - Photo 23](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f417984672r.jpg) ![4537 Coconut Road - Photo 24](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f2994408673r.jpg) ![4537 Coconut Road - Photo 25](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f1550472605r.jpg) ![4537 Coconut Road - Photo 26](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f3837395204r.jpg) ![4537 Coconut Road - Photo 27](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f3283309566r.jpg) ![4537 Coconut Road - Photo 28](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f2870182475r.jpg) ![4537 Coconut Road - Photo 29](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f3373151312r.jpg) ![4537 Coconut Road - Photo 30](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f3667683837r.jpg) ![4537 Coconut Road - Photo 31](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f2151493857r.jpg) ![4537 Coconut Road - Photo 32](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f1806449067r.jpg) ![4537 Coconut Road - Photo 33](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f543480198r.jpg) ![4537 Coconut Road - Photo 34](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f3804974721r.jpg) ![4537 Coconut Road - Photo 35](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f1023466791r.jpg) ![4537 Coconut Road - Photo 36](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f1056950152r.jpg) ![4537 Coconut Road - Photo 37](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f2084667684r.jpg) ![4537 Coconut Road - Photo 38](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f84762811r.jpg) ![4537 Coconut Road - Photo 39](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f4210917099r.jpg) ![4537 Coconut Road - Photo 40](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f1866327078r.jpg) ![4537 Coconut Road - Photo 41](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f3784879091r.jpg) ![4537 Coconut Road - Photo 42](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f2888829719r.jpg) ![4537 Coconut Road - Photo 43](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f3375004735r.jpg) ![4537 Coconut Road - Photo 44](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f2387010324r.jpg) ![4537 Coconut Road - Photo 45](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f445749515r.jpg) ![4537 Coconut Road - Photo 46](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f873594503r.jpg) ![4537 Coconut Road - Photo 47](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f2688476578r.jpg) ![4537 Coconut Road - Photo 48](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f1161797006r.jpg) ![4537 Coconut Road - Photo 49](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f4060051486r.jpg) ![4537 Coconut Road - Photo 50](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f2970554624r.jpg) ![4537 Coconut Road - Photo 51](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f514654904r.jpg) ![4537 Coconut Road - Photo 52](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f826711241r.jpg) ![4537 Coconut Road - Photo 53](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f3409406192r.jpg) ![4537 Coconut Road - Photo 54](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f1896507193r.jpg) ![4537 Coconut Road - Photo 55](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f2966928726r.jpg) ![4537 Coconut Road - Photo 56](http://lh.rdcpix.com/9f0a52df23c1f1a5a3ea0b7f8417decfl-f89691762r.jpg) --- **MLS#:** B26035010 | **Updated:** 2026-10-22 **Source:** listhub *Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/4537-coconut-road-lake-worth-fl-33461-e3e7d25551e94ae9b63357b3dc2e307a) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/4537-coconut-road-lake-worth-fl-33461-e3e7d25551e94ae9b63357b3dc2e307a#listing", "url": "https://staging.propertysimple.ai/listing/4537-coconut-road-lake-worth-fl-33461-e3e7d25551e94ae9b63357b3dc2e307a", "name": "4537 Coconut Road, Lake Worth, FL 33461", "description": "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. 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