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33165821
33165832

320 North Federal Highway, Lake Worth Beach, FL 33460 For Sale

AS
FL 3346131
ONE Commercial Real Estate
Listed by ONE Commercial Real Estate
$4,350,000
51 days on market
Updated 19 days ago

320 North Federal Highway

Details
Property Type Hospitality
Sub Type Hotel, Motel
Square Footage 11,810
Units 20
Cap Rate 9.17%
NOI $398,704
Pro-Forma Cap Rate 12.54%
Pro-Forma NOI $645,843
Class C
Year Built 1950
Stories 2
Acreage 0.600
Zoning 3900—MOTEL Zoning MU-E—MIXED USE EAST (38-

About This Property for Sale

Marketing description

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.

Investment highlights

  • Great visability on N Federal Hwy
  • Walking distance to the Beach, Golf Course, and Restaurants
  • Potential Seller Financing Available
  • Great Value Add Opportunity
  • Motel License In Place

Listing Contacts

AS
FL 3346131
ONE Commercial Real Estate
Listed by ONE Commercial Real Estate

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$398,704.00
$33,225.33/mo

Valuation Metrics

0
DSCR
9.17%
Cap Rate
9.17%
ROI

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Additional Information

Name
Alexis Shapiro
License
3346131
Brokerage Phone
9545734449
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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