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Concrete Apartment Building with Electric Cooling
For Sale
$1,100,000

602 N H Street, Lake Worth, FL 33460

MULTI_FAMILY - Lake Worth Beach, FL

Property Size620 SF
Price / SF$1,774
Days on Market199

Property Features for 602 N H Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MF-20(
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 1, Bathroom 2, Bathroom 6, Bathroom 3, Bathroom 5, Bathroom 4
Directions 10TH Avenue N east from I95 to Dixie Highway. South to 6th Avenue N. East to building on the right.
Subdivision 5620
Standard status Active
APN 38434421210000010
Size 620 SF

Taxes and HOA fees

Tax Year 2025
Tax Description TOWNSITE APTS SIX COND APT 1-A,2A,3A,5B,7B,8B
Tax Annual Amount 13200
HOA Fee $17 Annually
Legal Description TOWNSITE APTS SIX COND APT 1-A,2A,3A,5B,7B,8B

Utilities

Sewer type Public Sewer
Cooling system Electric
Water source Public

Building Details

Year built 1971
Floors in Building 2
Number of units 6
Flooring type Tile - Ceramic
Building materials Concrete
Roof type Composition
Listing Agency: Atlantic Florida Properties Inc
Listed By: Astrid A Paternina · License #3097140
Added: Jan 20 Changed: Aug 5 Last Checked: Aug 7 at 2:06AM
MLS# R11156017

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This concrete apartment building was built in 1971 and features electric cooling, ceramic tile flooring, and a composition roof. Public water and public sewer services are in place.

The unit mix includes 1 bed / 1 bath units and a 2 bed / 1 bath unit, with listed square footages of approximately 620 SF for the 1/1 units and approximately 796 SF for the 2/1 unit. The property is described as having individual deeds and meters, and mixed-use zoning is referenced in the materials as MU-DIXIE. Zoning is also shown as MF-20( in the property data.

The offering notes solid in-place income with upside through stabilization and rent optimization, and it mentions approximately a 7.09% cap rate (as stated in the materials). The condo structure is noted as allowing future unit-by-unit resale.

Key Highlights

  • Built in 1971 with a composition roof
  • Concrete construction with electric cooling and ceramic tile flooring
  • Public water and public sewer

Property Analytics

Current Use

HERBALIFE Cambio por ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Catering Service Fish Market Veterinary Clinic Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,994
Businesses Nearby

Demographics for 33460, FL

36,409
Population
14,769
Households
2.5
Avg Household Size
36
Median Age
24%
College-Educated
72%
High-School Grad
4.7 sq mi
ZIP Area
7,747
Density / Sq Mi
$61,702
Median Household Income
$32,388
Median Earnings
$1,411
Median Rent
$333,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Concrete apartment building with electric cooling, ceramic tile flooring, and public water and sewer services.
Where is this apartment building located?
The property is located at 602 N H Street Lake Worth, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Built in 1971 with a composition roof; Concrete construction with electric cooling and ceramic tile flooring; Public water and public sewer
More about this property
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