320 Federal HwyLake Worth Beach, FL 33460

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.