6640 Riggers Road Lake Worth FL 33462
Property Attributes
- MLS#B26021953
- TypeSingle Family
- Listing Status Active Under Contract
- CountyPalm Beach
- CityLake Worth
- Area5710
- NeighborhoodHYPOLUXO VILLAGE 2
- Zip33462
- Style
- Year Built1981
- Taxes$ 7710
- Price$ 385,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1856
- Lot Size0.41 Acres
Data Source:
Beaches MLS (FL)
Property Description
Situated on a 0.41-acre canal-front parcel in Lake Worth, this architecturally distinctive A-frame offers a compelling value-add and redevelopment opportunity. The 3BR/2BA home features vaulted ceilings, exposed beams, and an open layout with two bedrooms on the main level and a lofted primary suite above. Expansive windows and French doors lead to a large deck overlooking the canal. Property includes two HVAC systems, laundry, utility space, driveway, and carport. Zoned to allow subdivision into two single-family lots, offering multiple strategies: renovate, redevelop, or hold as a covered land play. Ideal for investors, builders, or end-users seeking a waterfront opportunity with upside. The seller is working on providing marketable tile as the property has a lien. Positioned on an oversized 0.41-acre parcel along a tranquil canal in Lake Worth, this architecturally distinctive A-frame residence presents a compelling value-add and redevelopment opportunity in a supply-constrained submarket. The existing improvements feature a 3-bedroom, 2-bath wood-frame home with a highly desirable open floor plan anchored by soaring vaulted ceilings, exposed timber trusses, and tongue-and-groove wood decking, delivering volume and character rarely found at this price point. The layout includes two bedrooms on the main level and a second-floor loft and primary suite, creating functional separation and flexible living configurations. Natural light pours into the main living area through expansive glazing, seamlessly connecting the interior to a large wood deck overlooking the canal, accessed via French doors—an ideal canvas for repositioning into a lifestyle-driven product. Operationally, the property is supported by two HVAC systems, a dedicated laundry room, utility space, concrete driveway, and carport. From an investment perspective, the true upside lies in the land. The 0.41-acre site offers sufficient density, per zoning, to subdivide into two single-family parcels, providing multiple exit strategies: Renovate and capitalize on the existing structure Redevelop into two new construction homes Hold as a covered land play with future appreciation The property is in fair condition and primed for renovation, making it well-suited for fix-and-flip investors, builders, or end-users seeking to create a custom waterfront residence. This is a rare opportunity to control a large, subdividable homesite with architectural character and waterfront exposure—a combination that continues to outperform in today's market.
| Elementary School | Middle School | High School |
|---|---|---|
| Starlight Cove Elementary School | Lantana Community Middle School | Santaluces High School |
| Price History | |
|---|---|
| 4/29/2026 | Listed $385,000 |
General Features
| Sewer | Public Sewer,Septic Tank |
|---|---|
| Heating | Central,Individual |
| Cooling | Central Air |
| Utilities | Cable Available,Water Connected |
| Possession | Close Of Escrow |
| Roof | Shingle |
| Appliances | Dryer,Dishwasher,Electric Range,Microwave,Range,Refrigerator,Washer |
| Patio/Porch Features | Deck,Patio |
| Architectural Style | Other |
| Security Features | None |
| Construction Materials | Wood Siding,Wood Frame |
| Pets Allowed | No Pet Restrictions,Yes |
| Year Built | 1981 |
| View | Canal,Garden |
| Stories Count | 2 |
| Levels | One and One Half,Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Waterfront Features | None,Other |
| Accessibility | None |
| County | Palm Beach |
| New Construction | false |
| Property Type | Residential |
| Contingency | Other |
| Subdivision Name | HYPOLUXO VILLAGE 2 |
| Facing Direction | South |
| Garage Y/N | false |
| Full Baths | 2 |
| Status | Active Under Contract |
| High School | Santaluces |
| City | Lake Worth |
| Senior Community Y/N | false |
| MLS Area | 5710 |
| Carport Spaces | 2 |
| Carport Y/N | true |
| Elementary School | Starlight Cove |
| Land Lease Y/N | false |
| Tax Annual Amount | 7710.13 |
| Middle/Junior High School | Lantana Community |
| Property Condition | Resale |
| Virtual Tour | https://www.propertypanorama.com/6640-Riggers-Road-Lake-Worth-FL-33462/unbranded |
| Standard Status | Active Under Contract |
| Occupancy Type | Vacant |
| Property Sub Type Additional | Single Family Residence |
| PostalCity | Lake Worth |
| Legal Description | HYPOLUXO VILLAGE PL 2 UNREC LTS 7 & 8 BLK 42 & W 15 FT OF GATOR CREEK LYG E OF & ADJ TO |
Interior Features
| Interior Amenities | Bedroom on Main Level,High Ceilings,Living/Dining Room,Vaulted Ceiling(s) |
|---|---|
| Flooring | Carpet,Ceramic Tile,Tile |
| Total Stories | 2 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Sliding |
| Fireplace Y/N | false |
| Laundry Features | Inside,In Carport,Outside |
| Total Bedrooms | 3 |
| Main Level Bedrooms | 1 |
| Main Level Bathrooms | 1 |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Garden,Outdoor Living Area,Storage |
|---|---|
| Parking Features | Attached Carport,Concrete,Covered,Carport,Driveway |
| Lot Features | Oversized Lot,1/4 to 1/2 Acre Lot |
| Water Source | Public |
| Total Parking | 4 |
| Lot Size Area | 17859.6 |
| Building Area Total | 1856 |
| Lot Size Acres | 0.41 |
| Road Surface Type | Gravel |
| Frontage Length | 60.00 |
| Frontage Type | Waterfront |
| Waterfront Y/N | false |
| Covered Spaces | 2 |
| Door Features | French Doors |
| Road Frontage Type | City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33462
In The Neighborhood
Lake Worth
$ 540,000
- Type
- Single Family
- Size
- 1,430 SqFt
- Rooms
- 3 Beds + 3 Baths
Lake Worth
$ 349,000
- Type
- Single Family
- Size
- 1,224 SqFt
- Rooms
- 3 Beds + 1 Baths
Lake Worth
$ 349,000
- Type
- Single Family
- Size
- 1,152 SqFt
- Rooms
- 3 Beds + 1 Baths
Lake Worth
$ 475,000
- Type
- Single Family
- Size
- 1,325 SqFt
- Rooms
- 3 Beds + 2 Baths
Lake Worth
$ 880,000
- Type
- Single Family
- Size
- 2,206 SqFt
- Rooms
- 3 Beds + 3 Baths
Lake Worth
$ 385,000
- Type
- Single Family
- Size
- 1,470 SqFt
- Rooms
- 3 Beds + 2 Baths
Lake Worth
$ 549,000
- Type
- Single Family
- Size
- 1,389 SqFt
- Rooms
- 3 Beds + 2 Baths
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