702 N Federal Highway #A8, Lake Worth Beach, FL 33460 - Photo 1

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$129,000 Just Listed

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Active
Condo
1 Bed
1 Full Bath
528 Sq. Ft.
Updated 3 days ago

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Property Description

Charming 1-Bedroom 55+ Co-op in the Desirable Caribe Community - Parrott Cove in East Lake Worth Beach. Discover an incredible opportunity in one of Lake Worth Beach's most sought-after 55+ communities. This charming one-bedroom co-op in the Caribe community offers a prime location with an unbeatable walkable coastal lifestyle. This downstairs unit has a newer central air-conditioning system, a brand new water heater, new electric panel and is located in the rear northeast corner of the building, arguably the best unit location in the building away from traffic and a corner unit. Just blocks from the Intracoastal Waterway and an easy 20-minute walk to the beach and pier, this residence places you at the heart of everything Lake Worth Beach has to offer. The community features lush, tropical landscaping that captures the true essence of South Florida living, while the very low HOA fees make ownership even more appealing. Enjoy effortless access to a variety of waterfront activities: a nearby boat and jet ski launch, a kayak/canoe/paddleboard launch just a few blocks away, and Bryant Park for dog owners. World-class shops, cafés, and waterfront dining are only minutes away on foot. Golf enthusiasts will appreciate the Lake Worth Beach Golf Club just .3 miles away (1/3 of a mile), offering walkable access to an Intracoastal-front 18-hole course with clubhouse dining. This vibrant downtown area is experiencing significant revitalization, including the historic restoration of the 1925 Gulfstream Hotel (90 restored rooms + 50 new rooms, 85 apartments, rooftop restaurant, pool, spa/fitness center, and 273-space parking garage). Additional excitement comes from Vanilla Ice's upcoming multi-concept venue at 1000 Lake Ave - featuring a brewery, rooftop bar, speakeasy, and pop-culture museum - slated for a 2026 opening. The Wiener Museum of Decorative Arts (WMODA) is also planning a major mixed-use cultural complex with expanded museum space, arts programming, and new residential condos, all of which are expected to further enhance long-term property values in the area. This turnkey residence offers the perfect blend of comfortable living and is just blocks away from the best that Lake Worth Beach has to offer. Interior photos have been virtually staged and roof photos have been enhanced. All information is deemed reliable but not guaranteed.

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Full Property Details

Full Property Details for 702 N Federal Hwy #A8

General

Price: $129,000
HOA FEE: $399/month
Taxes: $2,233 (2025)
Status: Active
Type: Condo
Source: Regional
MLS ID: B26017524
Updated: 4/20/2026
Added to Site: 5 day(s) ago

Interior

Number of Rooms: 3
Interior Features: Closet Cabinetry, Kitchen/Dining Combo, Living/Dining Room, Storage, Separate Shower
Appliances: Cooktop, Electric Range, Electric Water Heater, Microwave, Refrigerator, Water Heater
Furnishings: Unfurnished
Flooring: Ceramic Tile, Tile

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1
Main Floor Baths: 1

Bedrooms

Total Bedrooms: 1
Bedrooms Main: 1

Other Rooms

Laundry: None, Washer Dryer Install Allowed

Additional Information

Shared Amenities: Laundry, Storage
Security/Safety: None

Exterior

Exterior Features: Courtyard, Garden, Lighting, Outdoor Living Area
Porch/Patio/Deck: Porch

Parking

Total Spaces: 21
Parking Features: Assigned, Open

Location

County: Palm Beach
Subdivision: CARIBE CO OP APTS INC
Building Name: Caribe
Driving Directions: Take Federal Highway North of Lake Avenue 7 blocks, building on right.
Direction Faces: West

School Information

Elementary School: North Grade K-8
Middle School: Lake Worth
High School: Lake Worth

Community

Community Name: 5600
Association: Yes
Assoc. Name: Caribe Condominium Apartments
Assoc. Fees Include: Common Areas, Insurance, Maintenance Grounds, Water
Units Assoc/Comm: 21
Pets Allowed: Yes
Adult Community: Yes

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Central, Individual

Utilities

Sewer: Public Sewer
Water: Public
Cable Available: Yes
Utility Description: Cable Available, Electricity Available, Sewer Available, Water Available

Structural Information

Architectural Style: Art Deco
Structure Type: Multi Family
Construction: Block
Roof: Composition, Flat
Windows: Jalousie, Plantation Shutters, Sliding
Stories/Levels: 1
Building Size: 528
Square Feet: 528
Sq. Ft. Source: Public Records
Living Area: 528 Sq. Ft.
Year Built: 1959
Property Condition: Resale

Lot Features

Property View: Garden
Frontage: City Street, Asphalt
Road Maintenance: Public Maintained Road
Sidewalks: Yes
Lot Features: Corner Lot, Sprinklers Automatic
Zoning: PO/MF-20 (city)

Water Features

Water Front View: None

Financial Considerations

Association Fee: $399
Assoc Fee Freq.: Monthly
Assessment Amount: $89,443
Tax Amount: $2,233.94
Tax Year: 2025
Terms: Cash, Conventional

Disclosures and Reports

Special Conditions: Standard, Listed As-Is
Legal Description: CARIBE CO-OP APTS INC APT A-8
Property ID: 38434422300001080

Listed by William Raveis Real Estate

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Schools

Schools serving 702 N Federal Hwy #A8

School District:Palm Beach County School District

Name	Grades	Distance
North Grade Elementary School 824 N K St, Lake Worth Beach, FL 33460	K-8	0.2 mi
Lake Worth High School 1701 Lake Worth Rd, Lake Worth Beach, FL 33460	9-12	1.1 mi
Lake Worth Community Middle School 1300 Barnett Dr, Lake Worth Beach, FL 33461	6-8	1.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 702 N Federal Hwy #A8 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/19/2026

Listed

$129,000

108.06%

MLS

6/27/2017

Sold

$62,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 702 N Federal Hwy #A8

Year

Property Taxes

Change

Tax Assessment

Change

2024

$2,142

—

$89,443

-11%

2024

$2,142

6%

$100,000

-3%

2023

$2,016

-1%

$103,000

29%

2021

$2,046

20%

$80,000

19%

2022

$1,702

-17%

$67,200

17%

2021

$2,046

151%

$57,288

2%

2019

$814

-36%

$56,000

19%

2018

$1,267

351%

$47,000

59%

2017

$281

-50%

$29,646

34%

2016

$557

2%

$22,154

7%

2015

$545

151%

$20,659

7%

2014

$217

23%

$19,290

7%

2013

$176

—

$18,000

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 702 N Federal Hwy #A8

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Closed

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Listed by Real Estate Connect Llc
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Total Bath
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702 N Federal Highway #A8, Lake Worth Beach, FL 33460 (MLS# B26017524) is a Condo property with 1 bedroom and 1 full bathroom. 702 N Federal Highway #A8 is currently listed for $129,000 and was received on April 19, 2026. Want to learn more about 702 N Federal Highway #A8? Do you have questions about finding other Condo real estate for sale in Lake Worth Beach? You can browse all Lake Worth Beach real estate or contact a Coldwell Banker agent to request more information.

702 N Federal Hwy #A8 Lake Worth Beach, FL 33460