Basic Information

  • MLS # B26021953
  • Type Single Family Residence
  • Status Active
  • Subdivision/Complex Hypoluxo Village 2
  • Year Built 1981
  • Total Sqft 1,856
  • Date Listed 04/29/2026
  • Days on Market 186
Description

Situated on a 0.41-acre canal-front parcel in Lake Worth, this opportunity 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 or three 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 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 possibly three 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.

Exterior Features

  • Waterfront Yes
  • Parking Spaces 0
  • Pool No
  • View Canal, Garden
  • Construction Type Wood Siding
  • Waterfront Description Other
  • Parking Description Attached, Covered, Driveway, Garage, Two Or More Spaces
  • Exterior Features Patio
  • Roof Description Composition, Shingle
  • Style Single Family Residence

Interior Features

  • Adjusted Sqft 1,856Sq.Ft
  • Cooling Description Central Air
  • Equipment Appliances Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Floor Description Carpet, Ceramic Tile, Tile
  • Heating Description Central
  • Interior Features Bedroom On Main Level, French Doors Atrium Doors, High Ceilings, Living Dining Room, Main Living Area Entry Level, Vaulted Ceilings
  • Sqft 1,856Sq.Ft

Property Features

  • Address 6640 Riggers Rd
  • Aprox. Lot Size 1,856
  • Architectural Style Other, Two Story
  • Attached Garage 1
  • City Lake Worth
  • Construction Materials Wood Siding
  • County Palm Beach
  • Covered Spaces 2
  • Direction Faces South
  • Frontage Length 60
  • Furnished Info no
  • Levels Two
  • Listing Terms Cash, Conventional, Fha203k, F H A
  • Lot Features Less Than One Acre, Oversized Lot, Quarter To Half Acre Lot
  • Occupant Type Vacant
  • Parking Features Attached, Covered, Driveway, Garage, Two Or More Spaces
  • Patio And Porch Features Patio
  • Pets Allowed No
  • Pool Features None
  • Possession Close Of Escrow
  • Postal City Lake Worth
  • Public Survey Section Two
  • Roof Composition, Shingle
  • Sewer Description Public Sewer, Septic Tank
  • Stories 2
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Hypoluxo Village 2
  • Tax Amount $7,710
  • Tax Legal desc HYPOLUXO VILLAGE PL 2 UNREC LTS 7 & 8 BLK 42 & W 15 FT OF GATOR CREEK LYG E OF & ADJ TO
  • Tax Year 2025
  • Terms Considered Cash, Conventional, Fha203k, F H A
  • Type of Property Single Family Residence
  • View Canal, Garden
  • Water Source Public
  • Window Features Sliding
  • Year Built Details Resale
  • Waterfront Description Other

6640 Riggers Rd

Lake Worth, FL 33462

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