525 N Federal Hwy - Hospitality FOR SALE


Lake Worth Beach, FL 33460
$2,950,000 USD
954-573-4449
525 N Federal Hwy, Lake Worth Beach, FL for Sale
$2,950,000 USD
Hospitality - FOR SALE
1/27
null | 8.24% Cap Rate

525 N Federal Hwy
Lake Worth Beach, FL 33460


HIGHLIGHTS

  • 100% RENOVATED, FURNISHED AND TURNKEY WITH PROVEN TRACK RECORD
  • GREAT WALKABILITY TO BEACHES, GOLF, AND RESTAURANTS OF DOWNTOWN
  • FLEXIBLE USE, CURRENTLY STR NO LEASES IN PLACE
  • DOUBLE MACINE LAUNDRY FACILITY
  • OUTDOOR SUMMER KITCHEN AND LOUNGE
  • IMPACT WINDOWS

OVERVIEW

One Commercial Real Estate is pleased to present M Lake Worth Beach, a fully renovated, ten-unit boutique short-term rental property offering a unique and stylish retreat just one mile from the pristine shores of Lake Worth Beach, Florida. The property has been thoughtfully designed with a blend of retro charm and modern upgrades, capturing the nostalgic vibes of mid-century design while providing guests with all the contemporary comforts they expect. Each of the ten units; a mix of studios, one bedroom, two bedroom apartments that has been meticulously renovated with brand new flooring, cabinetry, appliances, fixtures, and furniture, creating a fresh and inviting atmosphere. The design incorporates warm wood tones, neutral palettes, and modern touches that deliver a welcoming, vibrant space for both short-term visitors and longer stays. Guests will enjoy a curated and comfortable experience, with memory foam beds, fully equipped kitchens or kitchenettes, blackout shades, and chic furnishings throughout. In addition, the property features an expansive outdoor amenity space, including a custom-built BBQ area, outdoor dining and lounge seating, and a serene environment enhanced by ambient lighting and lush landscaping , perfect for gatherings or moments of relaxationIdeally located within walking distance to downtown Lake Worth Beach’s vibrant dining, arts, and shopping scene, and just minutes from Palm Beach International Airport, Brightline, Tri-Rail, and West Palm Beach, M Lake Worth Beach attracts both leisure and business travelers looking for a unique and well-connected destination. This boutique property’s prime location, along with its distinctive design and high guest satisfaction, ensures consistent demand and strong rental performance. Offered as a fully operational and turnkey short-term rental asset, M Lake Worth Beach presents a compelling investment opportunity. With proven income, favorable zoning, and a modern aesthetic that sets it apart from other properties in the area, this building provides investors with a chance to capitalize on the growing demand for unique, high-quality hospitality experiences in South Florida.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$573 USD /SF

# OF ROOMS

10

PRICE/ROOM

$295,000 {currency}

CAP RATE

8.24%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

M Lake Worth Beach

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel, undefined

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1953

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

MIXED USE FEDERAL HWY

APN/PARCEL ID

38-43-44-21-15-158-0090

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.