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901 S Federal Highway # 1 Lake Worth Beach, FL $ 4,989,050
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901 S Federal Highway # 1
$ 4,989,050
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901 S Federal Highway # 1

Lake Worth Beach, FL, 33460
$ 4,989,050
Baths34.0 Sq 12,696

Monthly Estimate*

$ 34,850

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Studio Commercial Property for sale in Lake Worth Beach, FL for $4,989,050 with 34 full baths. This 12,696 square foot building was built in 1983.

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.

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Commercial Active

Price

$ 4,989,050

Bedrooms

Studio

Full Bath

34

Property Type

Commercial

Taxes

$ 31,737

Style

Hotel/ Motel

Year Built

1983

Town/City

Lake Worth Beach

County/Region

PALM BEACH

MLS | Web ID

RX10915433
Features
General
Heating Electric
Cooling Wall-Win A/C
Utilities Public Sewer Public Water
Roof Other
Zoning MU-FH(
Status Active
Year Built 1983
Subdivision LAKE WORTH TOWN OF ADD 1
Stories 2.0
Type Hotel-Motel
Property Type E
Area 5610
Unit Number 1
Auction No
Tax Year 2022
Terms Considered Cash Conventional
Use Hotel/ Motel
Misc. Office Pool
Virtual Tour https://www.propertypanorama.com/901-S-Federal-Highway-1-Lake-Worth-Beach-FL-33460/unbranded
Geo Area PB16
Legal Description ADD 1 TO TOWN OF LAKE WORTH LTS 9 TO 12 INC BLK 30
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Exterior
Waterfront No
Lot Size 0.62
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Interior
Flooring Ceramic Tile
Total Number of Units 32
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Internal Only
OriginalMLSID RX-10915433
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* Excluded Features
List By
David C Joseph

Listing Agent

The Keyes Company

Broker

davidjoseph@keyes.com

Email

Affordability Calculator

$37,495
Per Month
93%
7%
0%
Monthly Principal & Interest
$34,850
Monthly Property Taxes
$2,645
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
368239 Elementary School
368240 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
1/16/2024$4,989,050 -4.97% Price Down
8/29/2023$5,250,000 Listed Price

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901 S Federal Highway # 1, Lake Worth Beach, FL, 33460 is a Commercial Property for sale at $4,989,050 with 12,696 sqft. 901 S Federal Highway # 1 is a studio with 34.0 baths and was built in 1983. The property's zip code is 33460 which is in Lake Worth Beach, FL

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