954-573-4449
320 N Federal Hwy, Lake Worth, FL for Sale
Hospitality - FOR SALE
1/86
null | Request Cap Rate

320 N Federal Hwy
Lake Worth, FL 33460
Parrot Cove


HIGHLIGHTS

  • Walkability to the Beach, Golf Course and Restaurants
  • Great Visability on Federal Hwy
  • Motel License In Place
  • Potential Seller Financing Available

OVERVIEW

Introducing the opportunity to acquire the Holiday House Motel a rare boutique hospitality repositioning opportunity located in the heart of Lake Worth Beach. Positioned along the highly trafficked Federal Highway corridor, the property benefits from exceptional visibility and accessibility while being just minutes from the beach and neighboring the luxury hospitality market of Palm Beach Island. The property presents a compelling value-add opportunity to transform a classic South Florida motel into a modern boutique destination in one of the region’s most supply-constrained coastal sub-markets. With an existing motel license already in place, investors have the ability to capitalize on growing tourism demand and the continued evolution of Lake Worth Beach as a vibrant coastal destination. Surrounded by sought-after local amenities including beaches, golf courses, marinas, parks, and the acclaimed dining and entertainment scenes along Lucerne Avenue and Lake Avenue, the property is ideally positioned to attract both tourists and seasonal visitors seeking an authentic South Florida experience. The surrounding market continues to see substantial hospitality investment, anchored by nearby luxury resorts including Four Seasons Resort Palm Beach, Tide-line Palm Beach Ocean Resort and Spa, and Eau Palm Beach Resort & Spa, while the historic Gulfstream Hotel is currently undergoing a major redevelopment and renovation. Despite the boutique hotel boom throughout Palm Beach County’s coastal markets, there remains limited boutique hospitality inventory within immediate proximity to downtown Lake Worth Beach and the beachfront corridor. With its expansive courtyard, pool-centric layout, and irreplaceable coastal location, the Holiday House Motel offers investors a unique opportunity to create a curated boutique hospitality concept in one of South Florida’s fastest evolving beach-side communities.

FOR SALE DETAILS

PRICE

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# OF ROOMS

30

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday House Motel

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1950

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

MU-E

APN/PARCEL ID

38-43-44-21-15-096-0050

ASK ABOUT THIS PROPERTY

Alexis ShapiroONE Commercial Real EstateMore Info
954-573-4449

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Alexis ShapiroONE Commercial Real EstateMore Info
954-573-4449

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.