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320 Federal Hwy Lake Worth Beach, FL 33460

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For Sale
Contact for pricing

Beachfront Motel, 30 Units, High ROI

Property size:
11,810 SF

Property Features for 320 Federal Hwy

General Information

Property type
Specialty properties
Square Feet
11,810 SF

Building Details

Year Built
1950
Units
30

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Listing Contact
David Joseph
David Joseph

Listing Agency: The Keyes Company Listing Agent: David Joseph

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

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

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Daycare Center Building Supply

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lake Worth Beach
County
Palm Beach
State
Florida
Longitude
-80.0519942
Latitude
26.6197256

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.
(561) 405-4960 Call to check price and availability
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