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Pinnacle Real Estate Group – FL

602 N H Street 1A, Lake Worth Beach, FL 33460 (MLS# B26078626)

602 N H Street 1A, Lake Worth Beach, FL 33460

New Listing
$1,100,000
Property Type: Commercial Sale Square Footage: 620 Status: Active
Current Price: $1,100,000 List Date: 9/21/2026 Last Modified: 9/21/2026

Overview

Description

PRICE CASH $998.000 several key advantages that make it an attractive investment and ownership opportunity. Two-Story Structure: The building is only two stories, which means it is not subject to Florida's 40-year recertification requirements—reducing potential future compliance costs and administrative burden. Association Control & Governance: The current seller controls approximately 95% of the Association voting interest, providing strong decision-making authority and streamlined governance. This level of control may allow for strategic adjustments to association policies or fees, if deemed necessary for the building's long-term stability and maintenance. On-Site Oversight: The owner of Unit 6B serves as an in-house supervisor who actively oversees the property. See attached document

Supplements: See attached document for more information

Listing Details MLS# B26078626

General Property Information

Number Of Buildings
Yes
Property Sub Type
Multi Family
Number Of Units Total
6
Price Per Unit
183
Occupant Type
Call Listing Agent
Building Area Main
620
Building Area Source
Public Records
Adjusted Area Main
620
Year Built
1971
Year Built Details
The property was built in the year 1971
Parking Total
9
Accessibility Features YN
No
Stories Total
2
Stories
2

Property Features

Building Features: Laundry Facilities Business Type: Rental Documents Available: Copy Of Lease(s); Existing Survey; Financial Statement Electric: Three Phase Flooring: Ceramic Tile; Tile; Vinyl Heating: Window/Wall Parking Features: Assigned Possession: Close Of Escrow Property Condition: Resale Sale Includes: Building; Land Special Licenses: Other Special Listing Conditions: Standard Source Of Expenses: Other Tenant Pays: Cable TV Construction Materials: Concrete; Stone; Stucco Cooling: Wall/Window Unit(s) Listing Terms: Cash Roof: Composition Security Features: Smoke Detector(s) Sewer: Public Sewer Utilities: Sewer Available; Water Available Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Occupied; Text Listing Agent

Contract Information

Comp Sale YN
No
Original List Price
1100000
Owner Phone
N/A
Negotiable Seller Concessions YN
No
Listing Service
Full Service
Seller Represented YN
No

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
602
Street Direction Prefix
N
Street Name
H
Street Suffix
Street
Unit Number
1A
City Name
Lake Worth Beach
Municipality Type
Incorporated
Municipal Code
38
State Or Province
FL
Postal Code
33460
Postal Code +4
2901
Area
5620
Geographic Area
PB16
Parcel Number
38434421210000010
Subdivision Number
21
Multiple Offers Accepted
Yes
Zoning
MF-20 (city)
Flood Zone
X
Directions
Turn right onto S State Road 7 (US-441 N), Turn right onto Forest Hill Blvd (SR-882 E). Turn right onto Florida Mango Rd. Turn left onto 10th Ave N. Turn right onto N Dixie Hwy (US-1) Turn right onto N Dixie Hwy (US-1) Turn right onto N H St.
Building Name
602
Property Description
CONDOMINIUM

Financial Information

Association Fee Frequency
Monthly
Tax Annual Amount
2337.56
Tax Year
2025
Tax Assessed/SOH Value
88579
Tax Legal Description
TOWNSITE APTS SIX COND APT 1-A
Assessor Market Value
100000

Status Change Information

Major Change Timestamp
2026-09-21T14:20:13Z
Major Change Type
New Listing
Status Change Date
2026-09-21

More Information

Building and Property Details

# Of Toilets
6
% Air Conditioned
6

Distance To Information

Miles to Beach
3
Miles to Expressway
3

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
8
Separate Gas Meters YN
No
Separate Water Meters YN
No
Number Of Meters Total
2

Income and Expenses

Gross Scheduled Income
123600
Insurance Expense
790
Maintenance Expense
3600
Net Operating Income
89189.14
Operating Expense
34410
Other Expense
1000
Professional Management Expense
4800
Real Estate Taxes
17000
Utilities Expense
9400

Description of Unit Type 1

Unit Type
1 Bedroom
Units Total
Yes
Full Baths
Yes
Annual Rent
1650

Description of Unit Type 2

Unit Type
1 Bedroom
Units Total
2
Full Baths
Yes
Annual Rent
1600

Description of Unit Type 3

Unit Type
1 Bedroom
Units Total
3
Full Baths
Yes
Annual Rent
1600

Description of Unit Type 4

Unit Type
1 Bedroom
Units Total
5
Full Baths
Yes
Annual Rent
1850

Description of Unit Type 5

Unit Type
2 Bedroom
Units Total
7
Full Baths
Yes
Annual Rent
1607

Description of Unit Type 6

Unit Type
1 Bedroom
Units Total
8
Full Baths
Yes
Annual Rent
1650

Originating Details

Originating System Key
20260902143106959261000000
Originating System ID
M00000170
IDX
Listing Office: Atlantic Florida Properties In
Last Updated: September - 21 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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