4537 Coconut Road, Lake Worth FL 33461, LAKE WORTH, FL, 33461
Active76 days on marketListed May 31, 2026MLS #B26035010
About this home
4537 Coconut Road, Lake Worth FL 33461
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.
Facts & features
The home at a glance
3,920
Sqft
0.7955 ac
Lot size
1979
Year built
1
Levels
$434
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$11,114 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$11,114/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Lake Worth actives
$434 vs $258
Days on market
76 vs 49 typical
Where $434/sqft sits among the 400 Lake Worth actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Lake Worth Corridor
Get to know Lake Worth. See the full Lake Worth guide →
Lake Worth Corridor — neighborhood snapshot
Population
18,142
Median age
34
Median income
$57,241
Median home value
$211,957
Avg household
4
Households w/ children
2,456
For the school run
Palm Beach County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Worth market
$695K → $535K
Lake Worth median sold, yr/yr
96.4%
Sale-to-list ratio (12 mo)
57 of 400
Lake Worth actives have cut their price
Median sold price, Lake Worth, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1789% above the LAKE WORTH 33461 median. See the full Lake Worth market guide →
Paper trail
This home's history
Reality check
What actually sold near 4537 Coconut Road
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’25$555,000
4447 Melvin Road, Lake Worth FL 33461 · same community
4 bd · 3 ba · 2,269 sqft · $245/sqft · 42 DOM
Sold · Sep ’25$1,552,500
4565 Coconut Road, Lake Worth FL 33461 · same community
12 bd · 6.5 ba · 5,880 sqft · $264/sqft · 0 DOM
Sold · Jan ’26$655,000
4981 Serafica Drive, Lake Worth FL 33461 · same community
2 bd · 2 ba · 1,625 sqft · $403/sqft · 46 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Nicholas Giaccone
Director of Agent Success · CENTURY 21 Edge
Tours, negotiation, and every question about 4537 Coconut Road — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4537 Coconut Road — before you fall in love.
See it in person
Schedule a tour
Live availability from Nicholas's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
4537 Coconut Road FAQs
What would the monthly payment be for 4537 Coconut Road, Lake Worth FL 33461?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $11,114/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 4537 Coconut Road, Lake Worth FL 33461?+
The most recent tax bill on record (2025) was $13,715. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 4537 Coconut Road, Lake Worth FL 33461?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lake Worth?+
At $1,700,000, this home is listed about 300% above the Lake Worth median of $425,000. The market section on this page shows how the area is trending.
Which schools are assigned to 4537 Coconut Road, Lake Worth FL 33461?+
Palm Springs Elementary School (elementary), John I. Leonard High School (high), L C Swain Middle School (middle), Glades Construction Academy At West Technical (high) — Palm Beach County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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