$1,600,000
Lake Worth, FL 33461
MLS# A12109975
1 / 36
Property Description
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.
Details
Maps
Contract Information
Comp Sale YN: No
LP/Acre: 1616161.62
Listing Date: 2026-10-04
Status: Active
Original List Price: 1600000
List Price: $1,600,000
Current Price: $1,600,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Lake Worth
Municipal Code: 0
Postal Zip: 33461
Geographic Area: PB32
Subdivision Number: 1
Flood Zone: X
Country: United States
Street Number: 4812
Street Name: Coconut
Street Suffix: Road
State Or Province: FL
Postal Code: 33461
Postal Code +4: 5406
Subdivision Name: PALM BEACH FARMS CO 7
Area: 5700
Elementary School: Starlight Cove
Middle Or Junior School: Tradewinds
High School: Lake Worth
Parcel Number: 00434430011060030
Zoning: RM
General Property Information
Number Of Lots: 1
Lot Size Dimensions: 0.99
LP/SqFt: 37.1
Property Sub Type: Unimproved Land
Lot Size Acres: 0.99
Lot Size Square Feet: 43124
Direction Faces: West
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Year: 2025
Tax Annual Amount: 1919
Tax Legal Description: PALM BEACH FARMS CO PLAT NO 7 LT C BLK 106
Office/Member Information
DXORIGMLSID: SEF
Documents Available
Other Available Information: 1
Current Use
Check Land Use Plan: 1
Residential: 1
Other: 1
Development Status
Other: 1
Possession
Negotiable: 1
Possible Use
Residential: 1
Sewer
Public Sewer: 1
Septic Tank: 1
Trees
Other: 1
Utilities
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Water Available: 1
Trash Removal: 1
Listing Terms
Cash: 1
Conventional: 1
Other: 1
Lot Features
Oversized Lot: 1
Other: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Paved: 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
Price Calculations
Current Price To SqFt: 37.1
Section Details
Parcel Number MLX: 0030
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-10-04T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-10-22
Originating Details
Originating System Key: 567811985
Originating System ID: M00000151
Property Features
Current Use: Check Land Use Plan; Residential; Other
Development Status: Other
Documents Available: Other Available Information
Possession: Negotiable
Possible Use: Residential
Sewer: Public Sewer; Septic Tank
Trees: Other
Utilities: Cable Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available; Trash Removal
Listing Terms: Cash; Conventional; Other
Lot Features: Oversized Lot; Other
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Water Source: Public
Showing Requirements: Call Listing Agent
Acreage Description: 1/2 To Less Than 1 Acre Lot
Listing Office: LPT Realty, LLC
Last Updated: November - 04 - 2026
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