6640 Riggers Road, Lake Worth, FL 33462 - AmbassadorRealEstate&Mortgage

$385,000

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… Read More 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. Read Less

Courtesy of Media Realty, Peter Dacko III, 954-923-2325.

Listing Snapshot

Days Online

Last Updated

May 1, 2026

Property Type

Single Family Residence

Beds

Full Baths

Square Ft.

1,856

Lot Size

0.41 Acres

Year Built

1981

MLS Number

B26021953

30 Days Snapshot Of 33462

$328k

-12%

(avg) sold price

-7%

homes sold

122

+20%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road frontage type: "City Street"

Appliances & Equipment

"Range", "Dishwasher", "Dryer", "Electric Range", "Microwave", "Refrigerator", "Washer"

Building

Built in 1981, Architectural style: "Other", Living area: 1856, Construction materials: "Wood Frame", "Wood Siding", Toal building area: 1856

Cooling

"Central Air"

Doors

"French Doors"

Exterior Features

"Garden", "Storage"

Floors

"Carpet", "Ceramic Tile", "Tile"

Water Features

Waterfront features: "None", "Other"

Heating

"Central Individual"

Interior Features

"High Ceilings", "Upstairs Living Area", "Vaulted Ceiling(s)"

Laundry

"In Carport", "Inside", "Outside"

Lot

0.41 acres, "Oversized Lot"

Parking

"Attached Carport", "Carport", "Concrete", "Covered", "Driveway", 4 total parkings

Pets Policy

Pets allowed: "No Restrictions", "Yes"

Property

Patio and porch features: "Patio - Open", "Patio", "Deck", View: "Canal", "Garden", Zoning: RS

Roof

"Shingle"

Security Features

"None"

Sewer

"Public Sewer", "Septic Tank"

Taxes

Annual amount: $7,710

Utilities

"Cable Available", "Water Connected"

Windows

"Sliding"

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