Address
901 S Federal Highway # 1, Lake Worth Beach, FL
Price
$ 4,989,050
Property Attributes
  • MLS#RX-10915433
  • TypeCommercial
  • CountyPALM BEACH
  • CityLake Worth Beach
  • Area5610
  • NeighborhoodLake Worth Town Of Add 1
  • Zip33460
  • StyleHotel/ Motel
  • Year Built1983
  • Taxes$ 31737
  • Price$ 4,989,050
  • Bedrooms0
  • Full Bathrooms34
  • Half Bathrooms0
  • Sqr Footage12696
Data Source:
Beaches MLS
Property Description

Thriving Lake Worth, Florida Motel for Sale: Your Dream Investment Opportunity!Discover a rare and lucrative chance to own a flourishing motel nestled in the heart of picturesque Lake Worth, Florida. This meticulously maintained property boasts 32 charming motel rooms, each offering a comfortable retreat for guests seeking relaxation and adventure. With an inviting pool, a delectable on-site restaurant, and a convenient sales office, this motel presents a comprehensive package that promises both a memorable stay for visitors and an exceptional investment for you.Key Features: 32 Thoughtfully Designed Motel Rooms: Each room has been thoughtfully designed to ensure comfort and relaxation for your guests. Modern amenities, cozy furnishings, and attention to detail.

Price History
8/29/2023 Listed $5,250,000
1/16/2024 5% - $4,989,050

General Features

Heating Electric
Cooling Wall-Win A/C
Utilities Public Sewer,Public Water
Roof Other
Zoning MU-FH(
Status Active
Year Built 1983
Tenant Pays None
Subdivision LAKE WORTH TOWN OF ADD 1
Stories 2.0
Type Hotel-Motel
Property Type E
Area 5610
Unit Number 1
Auction No
For Lease No
Tax Year 2022
Terms Considered Cash,Conventional
Type of Building Commercial,Free Standing
Use Hotel/ Motel
Misc. Office,Pool
Geo Lat 26.604508
Built Desc Resale
Virtual Tour https://www.propertypanorama.com/901-S-Federal-Highway-1-Lake-Worth-Beach-FL-33460/unbranded
Geo Area PB16
Geo Lon -80.05255
Legal Description ADD 1 TO TOWN OF LAKE WORTH LTS 9 TO 12 INC BLK 30

Interior Features

Flooring Ceramic Tile
Total Number of Units 32

Exterior Features

Waterfront No
Lot Size 0.62
Property Desc Hotel / Motel

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33460

Price
AVG $1.14M
$4.99M
Taxes
AVG $18,162
$31,737
Visits
AVG 274
958
Data Provided by Inside Real Estate®
Year Built
AVG 1958
1983
Walkscore
AVG 72
49
Data Provided by Walkscore® not using MLS data

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