Atlantic Luxury Advisors
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5313 Colbright

Lake Worth, FL 33467

$1,790,000
6
3.5
2,564 sq ft
153,076 sq ft
1973
4 car
Single Family Residence
Yes
Yes
61
Active

Listing courtesy of RE/MAX Prestige Realty/LW (Ashley Quintano). Contact: [email protected].

About this home

Amazing investment opportunity! Currently leased for $6,000 per month through July 2027, this nearly 4-acre property offers income potential and future development possibilities. The main residence features 4 bedrooms, 2.5 bathrooms, and a 2-car garage, while the detached guest home includes 2 bedrooms, 1 bathroom, and a 1.5-car garage. Enjoy an in-ground pool and a 2-stall barn, all within a Residential Agricultural zoning designation with NO HOA. The property meets the requirements to be divided into three separate parcels, presenting a unique opportunity for investors, developers, or those seeking multi-generational living. Conveniently located near shopping, dining, and entertainment, and zoned for highly rated schools. Please do not disturb the tenants.

What it costs to own
Estimated monthly payment
$12,718/mo
Principal and interest
$9,051
Property tax
$2,550
Homeowners insurance
$1,117
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$30,594/yr

Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Not in a designated evacuation zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.