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    Property profile & analytics
    OFF-MARKET Estimated value $635,000
    Hotels

    704 Dixie Hwy, Lantana, FL 33462-1802

    2,742 SF 0.4 ac lot Built 1947
    Entity Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US18-1221656
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a charming motel situated on a 0.41-acre lot at 704 N Dixie Highway in Lantana, Florida. Priced at $1,680,000, this property offers significant potential for growth within the thriving hospitality sector. Its strategic location provides easy access to major attractions, pristine beaches, and bustling business centers, ensuring a consistent stream of guests. The motel benefits from its proximity to I-95 (approximately one mile from the Lantana Road exit), enhancing accessibility for both tourists and business travelers. Lantana itself is a vibrant community known for its unique blend of coastal charm and friendly atmosphere, creating a desirable destination for visitors. This presents a compelling opportunity for both seasoned investors seeking a strong return and first-time entrepreneurs entering the hospitality market. The property's size and location make it an ideal base for a successful and profitable hospitality business. The established presence within a popular tourist area ensures a steady flow of potential customers, minimizing the risk associated with new ventures. This is a rare chance to acquire a well-positioned motel in a flourishing coastal community. The property's square footage is not currently available.

    Property profile
    Verified
    Property type Hotels
    Use group HOTEL/MOTEL
    Year built 1947
    Construction WOOD
    Total area 2,742 SF
    Lot 0.4 ac (17,542 SF)
    Zoning code C1
    APN 40-43-44-34-07-001-0010
    UPID US18-1221656
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $635k
    Owner & transaction history
    The Lords Place INC · 9 yrs held
    The Lords Place INC
    since 2017
    3 recorded transactions
    2017
    2007
    1969
    Zoning & alternative use
    C1 · Lantana, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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