Don Todorich - Commercial Real Estate Showcase

Don Todorich Property Listings
The Corcoran Group
340-350 Royal Poinciana Way
Suite 302
Palm Beach, FL 33480


DetailMap
109 N Golfview Road

Lake Worth, FL 33460-3526 - West Palm Beach Submarket


Property Type:Hospitality Number of Rooms:8 Status:Existing Year Built:1936
Stories:2 Building Size:6,500 SF Land Area:.16 AC (6,752 SF)
For Sale Price:$1,395,000 Price/Room:$174,375 Cap Rate:7.00 %

Parking:-


The Sabal Palm House is located a half mile from the beach with views of the Intracostal waterway and golf course located across the street from the inn. The location of this inn makes it ideal for guests who want to enjoy the beach, golf courses, antique shops, art galleries, regional theater, unique restaurants and cafes. Travel ten minutes and you are at Palm Beach's famous Worth Avenue and world renowned shopping and dining or West Palm Beach's newly-built City Place where you can surround yourself with European style shops and restaurants.

Sale Notes:
SABAL PALM BED & BREAKFAST LOCATED ACROSS FROM THE INTRACOASTAL IN DOWNTOWN LAKE WORTH. 8 BEDROOM SUITES, AND 8 1/2 BATHS, WITH A LARGE COMMON LIVING AREA, INDOOR DINING ROOMS, AND MANICURED COURTYARD. ALL OF THE ROOMS ARE DECORATED AROUND THE NAME OF A MASTER ARTIST, FROM SALVADOR DALI, TO CHAGALL, AND NORMAN ROCKWELL. RENOVATED IN THE 1997 AND OPERATING AS ONE OF THE MOST POPULAR INNS IN SOUTH FLORIDA. TRIPLE A RATED, 4 DIAMOND, AND NO.1 RATED INN ON TRIP ADVISOR. 1/2 MILE TO THE BEACH, RESTAURANTS, AND SHOPPING DISTRICTS OF LAKE WORTH. A COMPLETE INVENTORY, AND FINANCIAL STATEMENT ARE AVAILABLE UPON REQUEST. THE INN IS A TURN-KEY BUSINESS READY FOR THE NEW OWNERS. THE ENTIRE PROPERTY IS IN GREAT CONDITION. BREAKFAST IS SERVED IN 2 LARGE INDOOR DINING ALONG WITH THE OPEN COURTYARD. LAUNDRY IS DONE ON SITE IN A LARGE DOUBLE LAUNDRY ROOM. THE CURRENT OWNERS WILL HELP IN THE TRASITION OF OWNERSHIP.

" Financially viable
" Turn-key property
" A 12-year notable and Four Diamond AAA award-winning reputation
" Waterfront neighborhood close to beaches & historic downtown with wonderful

DOWNTOWN LAKE WORTH, ACROSS FORM THE INTRACOASTAL, AND BRIDGE TO THE BEACH.


The Corcoran Group
Don Todorich
(561) 655-9081




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