$1,600,000
Lake Worth, FL 33461
MLS# A12116745
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Property Description
APPROXIMATELY ONE ACRE IN LAKE WORTH BEACH! MULTIFAMILY ZONING. BUILD YOUR NEXT INVESTMENT. With no HOA, multiple development options, and an existing home offering potential rental income while you plan, 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 subdivision 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 with the potential to convert into a duplex or triplex. Features include a two-car garage with hurricane-impact-rated doors, plumbing hookup for a third bathroom, updated PVC plumbing, and a generator hookup. The roof, A/C, electrical panel, and water heater are approximately two years old. City water is available! 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
LP/Frontage: 11764.71
Listing Date: 2026-11-02
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
Multiple Offers Accepted: Yes
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
Transaction Type: Listing For Sale
Lot Size Dimensions: .99
Lot Depth: 317
Lot Frontage: 136
LP/SqFt: 37.1
Property Sub Type: Unimproved Land
Lot Size Acres: 0.99
Lot Size Square Feet: 43124
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Year: 2026
Tax Annual Amount: 1987
Tax Legal Description: PALM BEACH FARMS CO PLAT NO 7 LT C BLK 106
Office/Member Information
DXORIGMLSID: SEF
Documents Available
Survey: 1
Comprehensive Plan Use
Other: 1
Current Use
Other: 1
Environmental Audit
None: 1
Location of Property
County Location: 1
Possession
Negotiable: 1
Sewer
Septic Tank: 1
Special Information
County Jurisdiction: 1
Utilities
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Water Available: 1
Listing Terms
Cash: 1
Conventional: 1
Other: 1
Lot Features
Cleared: 1
Home: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Paved: 1
Water Source
Public: 1
Income and Expenses
Inc/Exp Statement Period: November
Showing Requirements
Call Listing Agent: 1
Tax Information
Lake Worth Drain District: 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
1 To Less Than 2 Acre Lot: 1
2 To Less Than 3 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-11-02T05:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-11-02
Originating Details
Originating System Key: 569552489
Originating System ID: M00000151
Property Features
Comprehensive Plan Use: Other
Current Use: Other
Documents Available: Survey
Environmental Audit: None
Location of Property: County Location
Possession: Negotiable
Sewer: Septic Tank
Special Information: County Jurisdiction
Utilities: Cable Available; Electricity Available; Natural Gas Available; Water Available
Listing Terms: Cash; Conventional; Other
Lot Features: Cleared; Home
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Tax Information: Lake Worth Drain District
Water Source: Public
Showing Requirements: Call Listing Agent
Acreage Description: 1/2 To Less Than 1 Acre Lot; 1 To Less Than 2 Acre Lot; 2 To Less Than 3 Acre Lot
Listing Office: LPT Realty, LLC
Last Updated: November - 03 - 2026
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