CENTURY 21 Edge
$119,900$129,0001 bd1 ba528 sqft$227 /sqft$1,504 /mo all-in ↓

702 N Federal Highway # A8, FL 33460, FL, 33460

Active116 days on marketListed Apr 19, 2026MLS #B26017524

Reduced $9KCondominiumCARIBE CO OP APTS INC

About this home

702 N Federal Highway # A8, FL 33460

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 freshly painted 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.

Facts & features

The home at a glance

1

Bedrooms

1

Bathrooms

528

Sqft

0 ac

Lot size

1959

Year built

1

Levels

$227

Per sqft

Garden view55+ communityPets allowed

Inside

FlooringCeramic Floor · Tile
AppliancesElectric Water Heater · Microwave · Electric Range · Refrigerator
InteriorCloset Cabinetry · Storage
LaundryCommon Area
CoolingCeiling Fan(s) · Central Individual A/C · Central Air
HeatingCentral Individual A/C · Central

Outside & construction

RoofComposition Roll · Flat Tile · Flat Roof With Facade Front
ConstructionCBS Construction
ViewGarden
FacesWest
ParkingAssigned · Open
ExteriorEast Of Us1 · Exterior Cat Walk · Courtyard · Exterior Lights

Community & fees

HOA fee$399/mo
Taxes (2025)$2,233/yr
PetsYes
CommunityBuyer Approval Required · Laundry Facilities · Mandatory Hoa

Utilities & systems

UtilitiesCable Connected · Electricity Connected · Sewer Connected · Water Connected · Cable Available · Electricity Available · Sewer Available · Water Available
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$1,504 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$706
FHA mortgage insurance (est.)$53
Property tax — 2025 actual bill$186
Condo fee — from the listing$399
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $4,197Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $4,197
Interest rate6.00%
Loan term

Estimated payment

$1,504/mo

Principal & interest$706
FHA mortgage insurance (est.)$53
Property taxes (actual bill)$186
HOA / condo fee$399
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Reality check

What actually sold near 702 N Federal Highway # A8

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

702 N Federal Highway # A5, FL 33460Sold · Feb ’26

$130,000

702 N Federal Highway # A5, FL 33460 · same community

1 bd · 1 ba · 528 sqft · $246/sqft · 5 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Kevin Johnson

Your agent

Kevin Johnson

CEO & Managing Broker · CENTURY 21 Edge

Tours, negotiation, and every question about 702 N Federal Highway # A8 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 702 N Federal Highway # A8 — before you fall in love.

See it in person

Schedule a tour

Live availability from Kevin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

702 N Federal Highway # A8 FAQs

What would the monthly payment be for 702 N Federal Highway # A8, FL 33460?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,504/mo — principal and interest, the actual property-tax bill, the $399/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at 702 N Federal Highway # A8, FL 33460?+

The association fee works out to $399 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 702 N Federal Highway # A8, FL 33460?+

The most recent tax bill on record (2025) was $2,233. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 702 N Federal Highway # A8, FL 33460?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

IDX 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. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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702 N Federal Highway # A8, FL 33460, FL — 1 Bed, 1 Bath — $119,900 | CENTURY 21 Edge