$390,000
SOLD DEC 11, 2023

602 S Federal Hwy Unit 16 Lake Worth, FL 33460

South Palm Park Neighborhood
2 Beds
2.5 Baths
1,376 Sq Ft
$195/mo HOA Fee

Recently Sold

$283 Per Sq Ft

1% Above List Price

35 Days on Market

Highlights

  • Water Views
  • Vaulted Ceiling
  • Porch
  • Gated Community
  • Breakfast Area or Nook
  • 1 Car Attached Garage

About This Home

As of December 2023

Calling all investors, first time or vacation home buyers! Dont miss out on this 2 bed, 2.5 Bath charming Key West coastal style town home, with low HOA. Located in the quaint gated, 16 unit community of Pineapple Village in Lake Worth Beach. This property has great curb appeal, tucked away on the border of the gorgeous historic district with its tree lined streets and manicured landscaping. Prime location near the Beach & Golf courses and in walking distance to the Intracoastal waterway , Bryant Park, and the shops and dining of trendy Lake Worth DOWNTOWN. This residence has plenty of natural light and a neutral decor throughout, the open plan living area has a tile flooring and designated dining area.

Last Agent to Sell the Property

Lorna Mckeith Wellington

Douglas Elliman License #3460310 Listed on: 10/25/2023

Douglas Elliman

Last Buyer's Agent

Sera Peat

RE/MAX Prestige Realty License #SL3394854

RE/MAX Prestige Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,470

Year Built

  • Built in 2005

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • On-Street Parking

Home Design

  • Metal Roof

Interior Spaces

  • 1,376 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • French Doors
  • Family Room
  • Florida or Dining Combination
  • Water Views
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Open Patio
  • Porch

Additional Features

  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 38434427590000160

Community Details

Overview

  • Association fees include common areas, ground maintenance, security
  • Pineapple Village 1 Subdivision

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,470

Year Built

Built in 2005

Lot Details

0

HOA Fees

$195 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Take S Federal Hwy to 6th Ave S, turn left and enter through on 6th Ave, property is on the left.
  • Year Built: 2005
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Closet Cabinetry, Dual Sinks, Family/Dining Room, French Door(s)/Atrium Door(s), Separate Shower, Vaulted Ceiling(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Microwave, Washer/Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Flooring: Laminate, Tile
  • Living Area: 1376.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Fence, Porch, Patio
  • View: Other, Water
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Guest, On Street

Utilities

  • Security: Security Gate
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 195.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Security

Lot Info

  • Parcel #: 38434427590000160
  • Lot Size: Sidewalks
  • Zoning Description: RES

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3470.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Dec 11, 2023
Sold by
Elkoubi Elad and Elkoubi Sharit
Bought by
Giordano Christine E
Seller's Agent
Lorna Mckeith Wellington
Douglas Elliman
Buyer's Agent
Sera Peat
RE/MAX Prestige Realty
List Price
$385,000
Sold Price
$390,000
Premium/Discount to List
$5,000
1.3%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.35%
Original Mortgage
$245,700
Outstanding Balance
$242,793
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$162,140

Purchase Details

Listed on
Dec 20, 2021
Closed on
Jan 22, 2022
Sold by
Matthew Nicoll
Bought by
Elkoubi Elad and Saffati Sharit
Seller's Agent
Jonathan Alexander
EXP Realty LLC
Buyer's Agent
Jonathan Alexander
EXP Realty LLC
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$280,500
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2018
Closed on
Mar 28, 2019
Sold by
Allison Michaell J
Bought by
Nicoll Matthew
Seller's Agent
Randy Bianchi
Paradise Properties of FL
Buyer's Agent
Mahriah Tucker
Compass Florida LLC
List Price
$239,000
Sold Price
$215,000
Premium/Discount to List
-$24,000
-10.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.51%
Original Mortgage
$204,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2005
Sold by
Best Built Construction Inc
Bought by
Allison Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,400
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $390,000 None Listed On Document
Warranty Deed $390,000 None Listed On Document
Warranty Deed $340,000 Salpeter Gitkin Llp
Warranty Deed $215,000 None Available
Special Warranty Deed $171,789 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $245,700 New Conventional
Closed $245,700 New Conventional
Previous Owner $280,500 New Conventional
Previous Owner $208,000 New Conventional
Previous Owner $204,250 New Conventional
Previous Owner $130,000 Credit Line Revolving
Previous Owner $137,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $394,999 -0.8% $287 / Sq Ft
07/11/2025 07/11/25 For Sale $398,000 +2.1% $289 / Sq Ft
12/11/2023 12/11/23 Sold $390,000 +1.3% $283 / Sq Ft
11/06/2023 11/06/23 For Sale $385,000 0.0% $280 / Sq Ft
03/08/2022 03/08/22 For Rent $3,500 0.0% --
03/08/2022 03/08/22 Rented $3,500 0.0% --
01/28/2022 01/28/22 Sold $340,000 -2.9% $247 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
12/20/2021 12/20/21 For Sale $350,000 +62.8% $254 / Sq Ft
03/27/2019 03/27/19 Sold $215,000 -10.0% $156 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
09/15/2018 09/15/18 For Sale $239,000 -- $174 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,629 $320,000 -- --
2023 $6,899 $290,000 $0 $290,000
2022 $3,470 $187,996 $0 $0
2021 $3,446 $182,520 $0 $0
2020 $3,411 $180,000 $0 $180,000
2019 $3,741 $165,000 $0 $165,000
2018 $3,668 $165,000 $0 $165,000
2017 $3,234 $165,000 $0 $0
2016 $2,902 $107,811 $0 $0
2015 $2,693 $98,010 $0 $0
2014 $2,438 $89,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sera Peat

    Seller's Agent in 2025

    Sera Peat

    RE/MAX

    1 in this area

    32 Total Sales

    Sera Peat
    Section Image
  • Lorna Mckeith Wellington

    Seller's Agent in 2023

    Lorna Mckeith Wellington

    Douglas Elliman

    (561) 699-8019

    1 in this area

    29 Total Sales

    Lorna Mckeith Wellington
    Section Image

  • K

    Seller's Agent in 2022

    Kathleen Massolio

    Houseworks Real Estate

    (813) 390-3206

    3 Total Sales

    Kathleen Massolio
    Section Image
  • Jonathan Alexander

    Seller's Agent in 2022

    Jonathan Alexander

    EXP Realty LLC

    (561) 962-2865

    3 in this area

    196 Total Sales

    Jonathan Alexander
    Section Image
  • Carol Fredericks

    Seller Co-Listing Agent in 2022

    Carol Fredericks

    Houseworks Real Estate

    (561) 703-4606

    50 Total Sales

    Carol Fredericks
    Section Image
  • Randy Bianchi

    Seller's Agent in 2019

    Randy Bianchi

    Paradise Properties of FL

    (561) 310-1679

    1 in this area

    40 Total Sales

    Randy Bianchi
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10930382

BeachesMLS

APN: 38-43-44-27-59-000-0160

Florida Palm Beach County Lake Worth 33460 South Palm Park

602 S Federal Hwy Unit 16, Lake Worth, FL

This home is located at 602 S Federal Hwy Unit 16, Lake Worth, FL 33460 and is currently priced at $390,000, approximately $283 per square foot. This property was built in 2005. 602 S Federal Hwy Unit 16 is a home located in Palm Beach County with nearby schools including South Grade Elementary School, Lake Worth High School, and Lake Worth Community Middle School.

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