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6650 Riggers Road, 
Lake Worth, FL 33462

$700,000


Bed


Bath


-

Sq Ft


0.82

Acres (Lot)


Land


Virtual Tour

Active

Listed by

Peter Dacko Iii

Media Realty

Last updated:

May 1, 2026, 02:52 PM

MLS#

F10549887

Source:

RMLS

About This Land

6650 Riggers Road

Estate Sale | Covered Land Play | Two Lots 35,730 SF lot zoned RS (Single-Family Residential) with an unfinished A-frame structure and a SFR. Typical neighborhood land values range from $15-$20/SF, presenting strong redevelopment or tear-down potential. Seller to address existing liens and satisfy all outstanding balances at or prior to closing. Existing neighborhood supports $500,000+. The 2 parcels can be subdivided into 6 homesites subject to zoning verification. Parcels include 6040 and 6050 Rigger Rd. Three additional contiguous sites available across the street from the subject property. Economic Drivers, Demand, and the Scarcity of Buildable LandAtlantis, Florida represents one of the most supply-constrained residential submarkets in Palm Beach County — a fully established, low-density community where true buildable vacant lots are increasingly rare. Unlike expanding fringe markets where new land can be readily entitled and delivered, Atlantis is largely built-out, placing a premium on infill opportunities and creating a market dynamic driven less by volume and more by scarcity and substitution.The local economy benefits from its strategic positioning within the Central Palm Beach County employment corridor, offering immediate access to regional healthcare, professional services, and coastal tourism employment nodes in Lake Worth Beach, Boynton Beach, and West Palm Beach. This proximity supports steady household formation, relocation demand, and end-user interest in new construction, particularly among buyers seeking custom homes in established, non-transitional neighborhoods.From a land-use perspective, demand for vacant lots in Atlantis is shaped by a limited buyer universe These groups are not competing across dozens of interchangeable sites — they are competing for one-off opportunities that surface infrequently. As a result, when a clean, buildable lot enters the market, it often attracts disproportionate attention relative to its size, reflecting both the lack of available alternatives and the high replacement cost of acquiring and entitling similar sites.Just beyond Atlantis, Lake Worth Beach functions as the active infill and redevelopment market, where a steady cadence of small-lot construction, tear-downs, and urban redevelopment reinforces the broader regional demand for buildable land. This adjacent activity serves as a demand spillover mechanism, capturing builders and buyers who would otherwise pursue Atlantis directly, but remain motivated by proximity, neighborhood stability, and access to the same employment and lifestyle drivers.At the county level, continued residential permitting activity — even amid higher interest rates and construction cost pressures — underscores an enduring appetite for new housing delivery. However, the primary constraint is not builder interest; it is land availability, particularly in established communities with existing infrastructure, zoning clarity, and neighborhood continuity. This imbalance between consistent demand and structurally limited supply positions well-located vacant lots as strategic, long-duration assets rather than short-cycle commodities.In practical terms, the value proposition for a vacant lot in Atlantis is not merely its entitlement for residential use — it is its irreplaceability within a mature, built-out market. Future supply is largely dependent on property assemblage or tear-down scenarios, both of which introduce higher acquisition costs, entitlement risk, and extended development timelines. By contrast, a build-ready lot offers immediate execution potential, reduced regulatory friction, and a clearer path to vertical construction.For investors and builders alike, this dynamic supports a thesis centered on capital preservation, optionality, and asymmetric upside. Whether deployed for near-term custom home construction or held as a strategic land position in a tightening infill market, vacant lots in Atlantis benefit from the same fundamental driver: demand remains durable, while supply remains structurally finite.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.82

MLS #:

F10549887

Last Updated:

May 1, 2026, 02:52 PM

Added:

3 month(s) ago


Finances & Disclosures

Finances

Price:

$700,000

Source:RMLS
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.