320 Federal Hwy Lake Worth Beach, FL 33460
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Beachfront Motel, 30 Units, High ROI
Property size:
11,810 SFProperty Features for 320 Federal Hwy
General Information
- Property type
- Specialty properties
- Square Feet
- 11,810 SF
Building Details
- Year Built
- 1950
- Units
- 30
Listing Agency: The Keyes Company Listing Agent: David Joseph
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Prime investment opportunity: The Holiday House Motel, located at 320 N Federal Highway in Lake Worth Beach, Florida (zip code 33460), presents a compelling opportunity. This meticulously maintained property encompasses 11,810 square feet across three buildings on approximately 0.5971 acres. Built in 1950, the motel features 30 well-appointed rooms, catering to a diverse clientele including weekly and long-term renters. Adding to the income potential are four residential units: one one-bedroom apartment and three two-bedroom apartments. The property's strategic location near the beach and downtown district ensures high occupancy rates and strong rental demand. The asking price for this exceptional commercial property is $4,950,000. This is a rare chance to acquire a well-established, income-generating motel in a thriving Florida coastal community. The property is situated in Palm Beach County and offers significant potential for future growth and appreciation. The two-story buildings provide ample space for both guest accommodations and residential units, maximizing revenue streams. This is an excellent opportunity for investors seeking a strong return on investment in a desirable location.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Holiday House Motel
Hotel & Motel
Location Insight
- Map
- Local Demand
- City
- Lake Worth Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0519942
- Latitude
- 26.6197256
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FAQs
What type of property is this?
Specialty property - Beachfront Motel, 30 Units, High ROI
Where is this specialty property located?
The property is located at 320 Federal Hwy Lake Worth Beach, FL.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Prime investment opportunity: The Holiday House Motel, a 30-room motel with four residential units (one 1BR, three 2BR) on 0.59 acres in Lake Worth Beach, FL.; 11,810 SF across three buildings, built in 1950.; Located at 320 N Federal Highway, Lake Worth Beach, FL 33460, near the beach and downtown.
