702 N Federal Highway A8, Lake Worth Beach, FL 33460

$124,900
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 528 Status: Active
Current Price: $124,900 List Date: 4/19/2026 Last Modified: 5/31/2026

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.

Supplements: 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.

More Information MLS# B26017524

Contract Information

Comp Sale YN: No Negotiable Seller Concessions YN: Yes Occupant Type: Owner Seller Represented YN: Yes Listing Date: 2026-04-19 Status: Active Original List Price: 129000 List Price: $124,900 Current Price: $124,900 Listing Service: Full Service

Location and Legal

County Or Parish: Palm Beach Municipality Type: Incorporated Municipal Code: 38 Geographic Area: PB16 Subdivision Number: 30 Multiple Offers Accepted: Yes Special Assessment YN: No Flood Zone: X Building Name: Caribe Country: United States Street Number: 702 Street Direction Prefix: N Street Name: Federal Street Suffix: Highway Unit Number: A8 State Or Province: FL Postal Code: 33460 Postal Code +4: 2655 Subdivision Name: CARIBE CO OP APTS INC Area: 5600 Elementary School: North Grade K-8 Middle Or Junior School: Lake Worth High School: Lake Worth Parcel Number: 38434422300001080 Zoning: PO/MF-20 (city) Directions: Take Federal Highway North of Lake Avenue 7 blocks, building on right.

General Property Information

Number Of Units In Community: 21 Total Units In Building: 21 Unit Floor #: 1 Adjusted Area Main: 528 Living Area Main: 528 Living Area Source: Public Records Accessibility Features YN: Yes Gated Community YN: No Lot Size Area: 0 Senior Community YN: Yes Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 2 Stories: 1 Fireplace YN: No Pool Private YN: No Guest House YN: No Green Verification YN: No Washer/Dryer Allowed YN: Yes Year Roof Installed: 2020 LP/Assessed Value: 1.4 Property Sub Type: Condominium Bedrooms Total: 1 Bathrooms Total: 1 Bathrooms Full: 1 Building Area Main: 528 Building Area Source: Public Records Year Built: 1959 Parking Total: 21 Direction Faces: West

Financial Information

Association Deposit YN: No Application Required YN: Yes Association Membership: Mandatory Association Reserves YN: Yes Association Name: Caribe Condominium Apartments Association Phone: 802-384-0298 Association Email: caribecoop702@gmail.com Master Association YN: No Estimated Monthly Assoc Recurring Fee: 399 Membership Fee Required YN: No Tax Assessed/SOH Value: 89443 Assessor Market Value: 100000 Association YN: 1 Association Fee: 399 Association Fee Frequency: Monthly Tax Annual Amount: 2233.94 Tax Year: 2025 Tax Legal Description: CARIBE CO-OP APTS INC APT A-8

Office/Member Information

DXORIGMLSID: RML

Accessibility Features

Accessible Bedroom: 1 Accessible Full Bath: 1

Application Fee Details

Application Fee Required: Yes Application Fee: 150

Application Information

Personal Interview Required: 1

Amenities

Laundry: 1 Storage: 1

Association Fee Includes

Common Areas: 1 Insurance: 1 Maintenance Grounds: 1 Water: 1

Dining Area

Dining/Living Room: 1 Kitchen Dining: 1

Exterior Features

Courtyard: 1 Garden: 1 Lighting: 1

Flooring

Ceramic Tile: 1 Tile: 1

Foundation Details

Concrete Perimeter: 1

Parking Features

Assigned: 1 Open: 1

Parking Information

Parking Space Number: A8

Property Condition

Resale: 1

Special Listing Conditions

Standard: 1

Structure Type

Multi Family: 1

Possession

Negotiable: 1

Qualifying Requirements

Minimum Credit Score YN: No

Sewer

Public Sewer: 1

Special Information

Sold As-Is: 1

Utilities

Cable Available: 1 Electricity Available: 1 Sewer Available: 1 Water Available: 1

View

Garden: 1

Heating

Central: 1 Central Individual: 1

Sprinkler Description

Auto Sprinkler: 1

Unit Description

Corner/End Unit: 1 Exterior Catwalk: 1 Garden Apartment: 1

Water Access

None: 1

Window Features

Jalousie: 1 Plantation Shutters: 1 Sliding: 1

Appliances

Electric Range: 1 Microwave: 1 Refrigerator: 1 Water Heater: 1 Cooktop: 1

Construction Materials

CBS: 1

Interior Features

Closet Cabinetry: 1 Storage: 1

Laundry Features

None: 1

Levels

Multi/Split: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Corner Lot: 1 Sidewalks: 1

Road Frontage Type

City Street: 1 East of US-1: 1

Road Responsibility

Public Maintained Road: 1

Road Surface Type

Asphalt: 1

Roof

Composition: 1 Flat: 1

Security Features

None: 1

Water Source

Public: 1

Water Heater Details

Electric Water Heater: 1

Architectural Style

Art Deco: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Central Individual: 1

Ceiling Fan Details

Number Of Ceiling Fans: 2

Association Type

Co-Op: 1

Showing Requirements

Schedule Online: 1 Text Listing Agent: 1

Main Level Rooms

Main Level Bathrooms: 1 Main Level Bedrooms: 1

Main Living Area

Entry Level: 1

Master Bedroom/Bath

Separate Shower: 1

Membership

No Membership Available: 1

Pets Allowed YN

Yes: 1

Pets Allowed

Breed Restrictions: 1 Number Limit: 1 Size Limit: 1

Pet Details

Maximum Number Of Pets: 1 Pet Fee YN: No Total Weight Limit (Pets): 40

Restrictions

Buyer Approval Required: 1 Historic Designation: 1

Storm Protection

Accordian Shutters: Complete

Storm Protection Details

Storm Shutters: 1

Tax Information

City/County: 1

Outdoor Living Spaces

Porch: 1

Porch Details

Porch - Open: 1

Room Types

Kitchen: 1 Kitchen Level: First Living Room: 1 Living Room Level: First Master Bedroom: 1 Master Bedroom Level: First

Price Calculations

Current Price To SqFt: 244.31

Status Change Information

Major Change Timestamp: 2026-05-18T14:50:26Z Major Change Type: Price Reduced Price Change Timestamp: 2026-05-18T14:50:26Z Status Change Date: 2026-04-19

Originating Details

Originating System Key: 20260419160146528753000000 Originating System ID: M00000170

Property Features

Accessibility Features: Accessible Bedroom; Accessible Full Bath Application Information: Personal Interview Required Association Fee Includes: Common Areas; Insurance; Maintenance Grounds; Water Dining Area: Dining/Living Room; Kitchen Dining Exterior Features: Courtyard; Garden; Lighting Flooring: Ceramic Tile; Tile Foundation Details: Concrete Perimeter Parking Features: Assigned; Open Property Condition: Resale Special Listing Conditions: Standard Appliances: Electric Range; Microwave; Refrigerator; Water Heater; Cooktop Water Heater Details: Electric Water Heater Architectural Style: Art Deco Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air; Central Individual Association Type: Co-Op Heating: Central; Central Individual Interior Features: Closet Cabinetry; Storage Laundry Features: None Levels: Multi/Split Listing Terms: Cash; Conventional Lot Features: Corner Lot; Sidewalks Main Living Area: Entry Level Membership: No Membership Available Pets Allowed YN: Yes Pets Allowed: Breed Restrictions; Number Limit; Size Limit Possession: Negotiable Restrictions: Buyer Approval Required; Historic Designation Road Frontage Type: City Street; East of US-1 Road Responsibility: Public Maintained Road Road Surface Type: Asphalt Roof: Composition; Flat Security Features: None Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler Storm Protection Details: Storm Shutters Structure Type: Multi Family Tax Information: City/County Unit Description: Corner/End Unit; Exterior Catwalk; Garden Apartment Utilities: Cable Available; Electricity Available; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Window Features: Jalousie; Plantation Shutters; Sliding Showing Requirements: Schedule Online; Text Listing Agent Outdoor Living Spaces: Porch Porch Details: Porch - Open Room Types: Kitchen; Living Room; Master Bedroom

Room Information

Living Room Length: 18.00 Length: 18.00 Width: 16.00 Width: 16.00 Level: First Remarks: New Plantation Shutters Kitchen Length: 11.00 Length: 11.00 Width: 7.00 Width: 7.00 Level: First Remarks: Extended Counter Master Bedroom Length: 16.00 Length: 16.00 Width: 16.00 Width: 16.00 Level: First Remarks: Mirrored Double Closet
Listing Office: William Raveis Real Estate
IDX
Last Updated: May - 31 - 2026
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