How much is 602 N H Street 1A?

602 N H Street 1A is listed at $1,100,000, about $1,774 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.

What is the cap rate on 602 N H Street 1A?

The listing reports net operating income of $89,189 a year, a cap rate of about 8.1% at the $1,100,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.

What is 602 N H Street 1A zoned?

The listing reports zoning of MF-20 (city). Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.

How big is 602 N H Street 1A?

The listing reports 620 square feet of building.

When was 602 N H Street 1A built?

602 N H Street 1A was built in 1971. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.

What are the property taxes on 602 N H Street 1A?

The listing reports annual property taxes of $2,338 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.

How do I tour 602 N H Street 1A?

Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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

$1,100,000 · $1,774 per sq ft · Multifamily for sale

Property type: Multi Family
Asking price: $1,100,000
Price per sq ft: $1,774
Building size: 620 sq ft
Zoning: MF-20 (city)
Year built: 1971
Units: 6
Stories: 2
Net operating income: $89,189/yr
Cap rate: 8.1%
Tenant pays: Cable TV
Buildings: 1
Parking spaces: 9
Parcel ID: 38434421210000010
MLS#: B26078626

IMG_5370 at 602 N H Street 1A, Lake Worth Beach

IMG_5369 at 602 N H Street 1A, Lake Worth Beach

IMG_5368 at 602 N H Street 1A, Lake Worth Beach

IMG_5367 at 602 N H Street 1A, Lake Worth Beach

IMG_5366 at 602 N H Street 1A, Lake Worth Beach

IMG_5365 at 602 N H Street 1A, Lake Worth Beach

IMG_5364 at 602 N H Street 1A, Lake Worth Beach

IMG_5363 at 602 N H Street 1A, Lake Worth Beach

About this property

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 See attached document for more information

Building Features and Utilities

Sewer Available
Water Available
Concrete
Stucco
Stone

Rent Roll

Unit type	Units	Beds / baths	Size	Rent per unit	Pro forma
1 Bedroom	1	1 / 1	—	$138/mo	—
1 Bedroom	2	1 / 1	—	$133/mo	—
1 Bedroom	3	1 / 1	—	$133/mo	—
1 Bedroom	5	1 / 1	—	$154/mo	—
2 Bedroom	7	2 / 1	—	$134/mo	—
1 Bedroom	8	1 / 1	—	$138/mo	—

26 units. Reported rent $43,380 a year ($3,615 a month).

Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.

Operating Statement

Gross scheduled income	$123,600/yr
Property taxes	$2,338/yr
Insurance	$790/yr
Maintenance and repairs	$3,600/yr
Management	$4,800/yr
Other	$1,000/yr
Total operating expenses	$34,410/yr
Net operating income	$89,189/yr
Cap rate at asking price	8.1%

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

About the Business at 602 N H Street 1A

Included: Building, Land

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Atlantic Florida Properties In · myflorida@bellsouth.net · Listing agent: Astrid A Paternina

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. 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 BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 602 N H Street 1A or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 602 N H Street 1A

How much is 602 N H Street 1A?: 602 N H Street 1A is listed at $1,100,000, about $1,774 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is the cap rate on 602 N H Street 1A?: The listing reports net operating income of $89,189 a year, a cap rate of about 8.1% at the $1,100,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
What is 602 N H Street 1A zoned?: The listing reports zoning of MF-20 (city). Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 602 N H Street 1A?: The listing reports 620 square feet of building.
When was 602 N H Street 1A built?: 602 N H Street 1A was built in 1971. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 602 N H Street 1A?: The listing reports annual property taxes of $2,338 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 602 N H Street 1A?: Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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