Holiday House Motel | 320 N Federal Hwy
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Holiday House Motel 320 N Federal Hwy
30 Room Hotel Lake Worth, FL 33460 $4,950,000 ($165,000/Room)
Investment Highlights
- Holiday House Motel / Multi - Family
- Zoning MU-E
- Thirty Rooms (30) consisting of 1 - 2 bedroom apartments and 3- 1 bedroom apartments & 26 motel rooms
Executive Summary
Investment Opportunity: Holiday House Motel in Lake Worth Beach, FL.
Welcome to the Holiday House Motel, a prime commercial real estate opportunity nestled
in the heart of Lake Worth Beach, FL. Located at 320 N. Federal Highway, this
meticulously maintained property spans approximately 0.5971 acres and boasts a
strategic location near the beach and downtown district. The three buildings are 11,810
sq. ft. on two floors.
Property Overview:
Motel Features: The Holiday House Motel offers 30 well-appointed rooms spread across
two floors, catering to a diverse range of guests from weekly renters to long-term
tenants.
Residential Units: In addition to the motel rooms, the property includes a one-bedroom
apartment and three two-bedroom apartments, providing additional income potential or
owner/manager accommodation.
Amenities: Guests and residents alike enjoy the lush, landscaped grounds, complete with
an inviting inground pool and two outdoor grill stations, perfect for relaxation and social
gatherings.
Parking: Convenience is key with onsite parking for up to 15 vehicles, ensuring ease of
access for guests and tenants.
PROPERTY DESCRIPTION
Potential for Development:
Adaptive Reuse Opportunity: Ideal for investors seeking a versatile
property, the Holiday House Motel presents significant potential for
conversion into multi-family residences. Explore the possibility of
transforming the existing structures into upscale apartments or
condominiums, capitalizing on the burgeoning demand for
residential housing in the area.
Operational Flexibility: Alternatively, continue operations as a
charming resort motel, leveraging the property's established
reputation and loyal customer base. The choice is yours to
maintain and enhance this gem of Lake Worth Beach's hospitality
landscape.
Location Advantage:
Proximity to Amenities: Situated just moments from the pristine
beaches and vibrant downtown area, residents and guests enjoy
easy access to local dining, shopping, and entertainment options.
Community Appeal: Lake Worth Beach offers a dynamic blend of
cultural attractions and recreational activities, making it an
attractive destination for both tourists and residents alike.
Investment Details:
Offering Price: Priced competitively at $4,950,000, this investment
opportunity represents exceptional value in the Lake Worth Beach
real estate market.
Schedule Your Visit Today:
Don't miss out on this rare opportunity to acquire the Holiday
House Motel. Whether you envision a thriving hospitality business
or a transformative residential development, contact us today to
schedule a private tour and explore the endless possibilities
awaiting you at 320 N. Federal Highway, Lake Worth Beach, FL.
LOCATION DESCRIPTION
Discover the vibrant and diverse community surrounding the
location in Lake Worth Beach, FL, where culture and commerce
converge. Located minutes away from the picturesque Lake Worth
Beach, this area offers a blend of urban amenities and beach-town
charm. Enjoy an array of dining options, eclectic boutiques, and art
galleries along Lake Avenue and Lucerne Avenue. The property is
also in proximity to the Lake Worth Playhouse and the Intracoastal
Waterway,
LOCATION DESCRIPTION
Discover the vibrant and diverse community surrounding the
location in Lake Worth Beach, FL, where culture and commerce
converge. Located minutes away from the picturesque Lake Worth
Beach, this area offers a blend of urban amenities and beach-town
charm. Enjoy an array of dining options, eclectic boutiques, and art
galleries along Lake Avenue and Lucerne Avenue. The property is
also in proximity to the Lake Worth Playhouse and the Intracoastal
Waterway, providing a plethora of recreational and entertainment
opportunities for employees and visitors alike. With its rich history
and vibrant atmosphere, Lake Worth Beach is an ideal setting for
commercial investment and growth.
SITE DESCRIPTION
Discover Lake Worth Beach, FL: Where Vibrancy Meets Serenity
Nestled along the southeastern coast of Florida, Lake Worth Beach
embodies a unique blend of historic charm and modern allure.
Known for its artistic flair, pristine beaches, and vibrant community
spirit, this coastal gem offers an unparalleled lifestyle for residents
and visitors alike.
Cultural and Artistic Hub:
Artistic Enclave: Embrace a rich cultural tapestry with an array of
galleries, studios, and public art installations scattered throughout
the city. Lake Worth Beach has long been a haven for artists,
fostering creativity and cultural diversity.
Lake Worth Playhouse: Delight in theatrical performances and live
entertainment at the historic Lake Worth Playhouse, a cornerstone
of the city's cultural scene since 1924.
Outdoor Recreation and Natural Beauty:
Sandy Shores: Experience sun-kissed bliss on Lake Worth Beach's
pristine coastline. Whether you're lounging on the sand, strolling
along the iconic pier, or partaking in water sports, the beach offers
endless opportunities for relaxation and recreation.
Breathtaking Parks: Discover lush green spaces such as Bryant
Park and the Lake Worth Beach Park, ideal for picnicking, jogging,
and enjoying panoramic views of the Intracoastal Waterway.
Dining and Entertainment:
Eclectic Dining: Savor a culinary journey through diverse eateries,
from cozy cafes serving freshly brewed coffee to waterfront
restaurants offering delectable seafood dishes. Lake Worth
Beach's dining scene reflects its vibrant community and
international influences.
Nightlife: As the sun sets, explore a vibrant nightlife scene with
trendy bars, live music venues, and cultural events that showcase
the city's dynamic energy and local talent.
Community Spirit and Events:
Festivals and Markets:
Immerse yourself in local culture through annual festivals like the
Street Painting Festival and the Lake Worth Beach Pride Fest.
Explore bustling farmers' markets and community events that
foster connections and celebrate diversity.
Historic Architecture and Quaint Neighborhoods:
Architectural Heritage:
Wander through historic neighborhoods adorned with colorful
cottages and Mediterranean Revival-style homes, reflecting Lake
Worth Beach's rich architectural heritage.
Downtown District:
Experience the pulse of the city in Downtown Lake Worth Beach,
where eclectic shops, art galleries, and lively street scenes create a
vibrant urban atmosphere.
Convenient Location:
Accessibility: Located just minutes from major highways and Palm
Beach International Airport, Lake Worth Beach provides easy
access to nearby attractions in Palm Beach County and beyond.
MU-E land use category is intended to provide for a mixture of residential, office, service, and commercial retail uses within specific areas east of I-95, near or adjacent to the central commercial core and major thoroughfares of the City.
Welcome to the Holiday House Motel, a prime commercial real estate opportunity nestled
in the heart of Lake Worth Beach, FL. Located at 320 N. Federal Highway, this
meticulously maintained property spans approximately 0.5971 acres and boasts a
strategic location near the beach and downtown district. The three buildings are 11,810
sq. ft. on two floors.
Property Overview:
Motel Features: The Holiday House Motel offers 30 well-appointed rooms spread across
two floors, catering to a diverse range of guests from weekly renters to long-term
tenants.
Residential Units: In addition to the motel rooms, the property includes a one-bedroom
apartment and three two-bedroom apartments, providing additional income potential or
owner/manager accommodation.
Amenities: Guests and residents alike enjoy the lush, landscaped grounds, complete with
an inviting inground pool and two outdoor grill stations, perfect for relaxation and social
gatherings.
Parking: Convenience is key with onsite parking for up to 15 vehicles, ensuring ease of
access for guests and tenants.
PROPERTY DESCRIPTION
Potential for Development:
Adaptive Reuse Opportunity: Ideal for investors seeking a versatile
property, the Holiday House Motel presents significant potential for
conversion into multi-family residences. Explore the possibility of
transforming the existing structures into upscale apartments or
condominiums, capitalizing on the burgeoning demand for
residential housing in the area.
Operational Flexibility: Alternatively, continue operations as a
charming resort motel, leveraging the property's established
reputation and loyal customer base. The choice is yours to
maintain and enhance this gem of Lake Worth Beach's hospitality
landscape.
Location Advantage:
Proximity to Amenities: Situated just moments from the pristine
beaches and vibrant downtown area, residents and guests enjoy
easy access to local dining, shopping, and entertainment options.
Community Appeal: Lake Worth Beach offers a dynamic blend of
cultural attractions and recreational activities, making it an
attractive destination for both tourists and residents alike.
Investment Details:
Offering Price: Priced competitively at $4,950,000, this investment
opportunity represents exceptional value in the Lake Worth Beach
real estate market.
Schedule Your Visit Today:
Don't miss out on this rare opportunity to acquire the Holiday
House Motel. Whether you envision a thriving hospitality business
or a transformative residential development, contact us today to
schedule a private tour and explore the endless possibilities
awaiting you at 320 N. Federal Highway, Lake Worth Beach, FL.
LOCATION DESCRIPTION
Discover the vibrant and diverse community surrounding the
location in Lake Worth Beach, FL, where culture and commerce
converge. Located minutes away from the picturesque Lake Worth
Beach, this area offers a blend of urban amenities and beach-town
charm. Enjoy an array of dining options, eclectic boutiques, and art
galleries along Lake Avenue and Lucerne Avenue. The property is
also in proximity to the Lake Worth Playhouse and the Intracoastal
Waterway,
LOCATION DESCRIPTION
Discover the vibrant and diverse community surrounding the
location in Lake Worth Beach, FL, where culture and commerce
converge. Located minutes away from the picturesque Lake Worth
Beach, this area offers a blend of urban amenities and beach-town
charm. Enjoy an array of dining options, eclectic boutiques, and art
galleries along Lake Avenue and Lucerne Avenue. The property is
also in proximity to the Lake Worth Playhouse and the Intracoastal
Waterway, providing a plethora of recreational and entertainment
opportunities for employees and visitors alike. With its rich history
and vibrant atmosphere, Lake Worth Beach is an ideal setting for
commercial investment and growth.
SITE DESCRIPTION
Discover Lake Worth Beach, FL: Where Vibrancy Meets Serenity
Nestled along the southeastern coast of Florida, Lake Worth Beach
embodies a unique blend of historic charm and modern allure.
Known for its artistic flair, pristine beaches, and vibrant community
spirit, this coastal gem offers an unparalleled lifestyle for residents
and visitors alike.
Cultural and Artistic Hub:
Artistic Enclave: Embrace a rich cultural tapestry with an array of
galleries, studios, and public art installations scattered throughout
the city. Lake Worth Beach has long been a haven for artists,
fostering creativity and cultural diversity.
Lake Worth Playhouse: Delight in theatrical performances and live
entertainment at the historic Lake Worth Playhouse, a cornerstone
of the city's cultural scene since 1924.
Outdoor Recreation and Natural Beauty:
Sandy Shores: Experience sun-kissed bliss on Lake Worth Beach's
pristine coastline. Whether you're lounging on the sand, strolling
along the iconic pier, or partaking in water sports, the beach offers
endless opportunities for relaxation and recreation.
Breathtaking Parks: Discover lush green spaces such as Bryant
Park and the Lake Worth Beach Park, ideal for picnicking, jogging,
and enjoying panoramic views of the Intracoastal Waterway.
Dining and Entertainment:
Eclectic Dining: Savor a culinary journey through diverse eateries,
from cozy cafes serving freshly brewed coffee to waterfront
restaurants offering delectable seafood dishes. Lake Worth
Beach's dining scene reflects its vibrant community and
international influences.
Nightlife: As the sun sets, explore a vibrant nightlife scene with
trendy bars, live music venues, and cultural events that showcase
the city's dynamic energy and local talent.
Community Spirit and Events:
Festivals and Markets:
Immerse yourself in local culture through annual festivals like the
Street Painting Festival and the Lake Worth Beach Pride Fest.
Explore bustling farmers' markets and community events that
foster connections and celebrate diversity.
Historic Architecture and Quaint Neighborhoods:
Architectural Heritage:
Wander through historic neighborhoods adorned with colorful
cottages and Mediterranean Revival-style homes, reflecting Lake
Worth Beach's rich architectural heritage.
Downtown District:
Experience the pulse of the city in Downtown Lake Worth Beach,
where eclectic shops, art galleries, and lively street scenes create a
vibrant urban atmosphere.
Convenient Location:
Accessibility: Located just minutes from major highways and Palm
Beach International Airport, Lake Worth Beach provides easy
access to nearby attractions in Palm Beach County and beyond.
MU-E land use category is intended to provide for a mixture of residential, office, service, and commercial retail uses within specific areas east of I-95, near or adjacent to the central commercial core and major thoroughfares of the City.
Property Facts
Amenities
- High Speed Internet Access
- Patio
- Outdoor Pool
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 30 | $90.00 | - |
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Walk Score ®
Very Walkable (87)
Bike Score ®
Very Bikeable (81)
PROPERTY TAXES
| Parcel Number | 38-43-44-21-15-096-0050 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $980,734 |
PROPERTY TAXES
Parcel Number
38-43-44-21-15-096-0050
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$980,734
zoning
| Zoning Code | MU-E (MU-E land use category is intended to provide for a mixture of residential, office, service, and commercial retail uses.) |
| MU-E (MU-E land use category is intended to provide for a mixture of residential, office, service, and commercial retail uses.) |
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Holiday House Motel | 320 N Federal Hwy
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