4595 Coconut Lane, Boynton Beach, FL 33436 (MLS# R10923357)

4595 Coconut Lane, Boynton Beach, FL 33436

$6,500,000

Virtual Tour

https://www.propertypanorama.com/4595-Coconut-Lane-Boynton-Beach-FL-33436/unbranded

Property Type: Land & Docks Lot Size (sq. ft.): 201,247 Status: Closed

Current Price: $6,500,000 List Date: 9/29/2023 Last Modified: 1/11/2026

Overview

Description

Under Contract but Accepting back-up offers. New Semi-Custom Home Development property opportunity, Holiday Organization is planning to develop Colony Estates, The adjacent 4.9 Acres is included in this sale, total acres 9.6 Acres, and all development rights and plans. The plan is for 38 single-family semi-custom homes ranging from 3,300 square feet to 3,800 square feet with amenities including a pool, cabanas, and a fitness center. See attached materials and site plan.

Listing Details MLS# R10923357

General Property Information

Property Sub Type: Unimproved Land
Lot Size Acres: 4.62
Lot Size Square Feet: 201247
Minimum Livable Area: 3998
Direction Faces: South
LP/SqFt: 32.3

Property Features

Current Use: Single Family Development Status: Raw Land Documents Available: Aerial; Building Plan; Enviro. Aud-PH1; Enviro. Aud-PH2; Plans; Plat Map; Survey; Title Insurance Electric: Three Phase Location of Property: Subdivision Possession: Close Of Escrow Possible Use: Single Family Trees: Other Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Vegetation: Grassed; Other Listing Terms: Cash; Owner Will Carry; Other Lot Features: Home; Irrigated Water Road Frontage Type: County Road Road Responsibility: Public Maintained Road Traffic Type: Light Tax Information: Agricultural Exemption; Lake Worth Drain District Water Source: Public Contingencies: None Acreage Description: 5 To Less Than 10 Acre Lot

Contract Information

Comp Sale YN: No
Listing Contract Date: 2023-09-29
Original List Price: 6500000
LP/Acre: 1406926.41

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 4595
Street Name: Coconut
Street Suffix: Lane
City Name: Boynton Beach
State Or Province: FL
Postal Code: 33436
Postal Zip: 33436
Subdivision Name: To be built Semi Custom
Development Name: To Be Determined
Area: 4530
Geographic Area: PB08
Parcel Number: 00424601000007060
Zoning: AR

Financial Information

Tax Year: 2022
Tax Annual Amount: 9062.93
Tax Legal Description: 1-46-42, W 1/2 OF SE 1/4 OF NE1/4 OF SW 1/4 (LESS S 25 FT RD R/W)

Status Change Information

Major Change Timestamp: 2024-03-08T17:09:00Z
Major Change Type: Status Change
Status Change Date: 2024-03-08
Under Contract Date: 2023-10-24
Close Date: 2024-03-07
Close Price: 6500000
Buyer Financing: Cash
SP/Acre: 1406926.41

More Information

Short Sale Details

Short Sale Addendum: No

Price Calculations

Original List Price To Close Price: Yes

Originating Details

Originating System Key: 20230929131303993190000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Electric

Three Phase: Yes

Documents Available

Aerial: Yes
Building Plan: Yes
Enviro. Aud-PH1: Yes
Enviro. Aud-PH2: Yes
Plans: Yes
Plat Map: Yes
Survey: Yes
Title Insurance: Yes

Current Use

Single Family: Yes

Development Status

Raw Land: Yes

Location of Property

Subdivision: Yes

Possession

Close Of Escrow: Yes

Possible Use

Single Family: Yes

Trees

Other: Yes

Utilities

Cable Available: Yes
Electricity Available: Yes
Sewer Available: Yes
Water Available: Yes

Vegetation

Grassed: Yes
Other: Yes

Listing Terms

Cash: Yes
Owner Will Carry: Yes
Other: Yes

Lot Features

Home: Yes
Irrigated Water: Yes

Road Frontage Type

County Road: Yes

Road Responsibility

Public Maintained Road: Yes

Water Source

Public: Yes

Traffic Type

Light: Yes

Tax Information

Agricultural Exemption: Yes
Lake Worth Drain District: Yes

Contingencies

None: Yes

Acreage Description

5 To Less Than 10 Acre Lot: Yes

Documents

Colony_Estates_Draft_Market_Study ›

Colony Estates Final_Site_Plan ›

4595 Coconut Lane Phase 1 ESA - Reduced ›

Survey ›

Listing Office: 920 Real Inc.

Last Updated: January - 11 - 2026

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