4537 Coconut Road, Lake Worth FL 33461

Discover a rare value-add investment opportunity at 4537 Coconut Road, Lake Worth FL 33461. This residential income property is a quadruplex built in 1979, offering 3,920 square feet of living space on an oversized 34,650-square-foot lot, nearly 0.80 acres. The one-story layout includes four units, each with an additional flex room that can be used as a home office or children’s room.

Located in the PALM BEACH FARMS CO 7 subdivision, this property presents exciting potential for investors, developers, and portfolio builders. The generous land area may allow for expansion, additional units, or conversion into four starter homes for young couples, with the possibility of significantly increasing occupancy. A buried private swimming pool may also be restored, adding future value and tenant appeal. There is currently room for pool improvements, a courtyard setting, sidewalks, and no planned development on the lots directly north.

The property features central air conditioning, central heating, paved city streets, city and county-maintained roads, and excellent city access. Pets are allowed. Nearby schools include Starlight Cove Elementary, Tradewinds Middle School, and Lake Worth High School.

Enjoy the best of South Florida living with warm weather, Atlantic Ocean beaches, waterfront parks, golf, boating, fishing, shopping, dining, and vibrant entertainment. Downtown Lake Worth Beach offers art galleries, live music, breweries, restaurants, and year-round events. Convenient access to I-95, Palm Beach International Airport, Miami, major employment centers, Kennedy Hospital, and Broward Community College adds to the location’s appeal.

For more information or to schedule a showing, call or text +1 786.468.4380 by Tel/WhatsApp.