320 N Federal HWY Active

Lake Worth Beach,FL 33460

$ 4950000

- Bed

31 Baths

11810 SqFt


Key Details

Property Type Commercial

Sub Type Hotel-Motel

Listing Status Active

Purchase Type For Sale

Square Footage 11,810 sqft

Price per Sqft $419

Subdivision Lake Worth Town Of

MLS Listing ID RX-11003143

Year Built 1950

Annual Tax Amount $29,692

Tax Year 2023

Lot Size 0.600 Acres

Property Description

Investment Opportunity: Holiday House Motel in Lake Worth Beach, FL.Welcome to the Holiday House Motel, a prime commercial real estate opportunity nestledin the heart of Lake Worth Beach, FL. Located at 320 N. Federal Highway, thismeticulously maintained property spans approximately 0.5971 acres and boasts astrategic location near the beach and downtown district. The three buildings are 11,810sq. ft. on two floors.Property Overview:Motel Features: The Holiday House Motel offers 30 well-appointed rooms spread acrosstwo floors, catering to a diverse range of guests from weekly renters to long-termtenants.Residential Units: In addition to the motel rooms, the property includes a one-bedroomapartment and three two-bedroom apartments, providing additional income.

Location

State FL

County Palm Beach

Area 5600

Zoning MU-E(c

Interior

Heating Electric

Cooling Electric

Flooring Ceramic Tile

Fireplaces Type Smoke Alarm,Smoke Detector

Exterior

Utilities Available Cable,Public Sewer,Public Water

Roof Type Other

Building

Story 100.00

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

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