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320 N Federal Hwy
Lake Worth, FL 33460 Parrot Cove

$4,350,000 USD

Hotel For Sale • 11,810 SF

Property Details

Property Type Hotel
Total Building Size 11,810 SF
Lot Size 0.6 AC
Building Class C
Year Built 1950
Cap Rate 9.17 %
Zoning MU-E

30 Transit Score

50 Walk Score

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

Property Flyers

Updated OM

Financial Summary (Proforma)

Net Operating Income: $683,206 USD (2026)

Cap Rate:	9.17 %
Total Expenses:	$359,745 USD

Amenities

High Speed Internet Access
Patio
Outdoor Pool
Public Access Wifi

Public Transportation

Commuter Rail	Drive	Walk	Distance
Lake Worth Beach Station (Mangonia Park - Miami Airport - Tri-Rail)	5 min	-	1.5 mi
Boynton Beach Station (Mangonia Park - Miami Airport - Tri-Rail)	13 min	-	6.4 mi
Airport	Drive	Walk	Distance
Palm Beach International	14 min	-	7.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	20
Type:	Surface
Included in Rent:	Yes

Alexis Shapiro 954-573-4449 ONE Commercial Real Estate

320 N Federal Hwy Lake Worth, FL 33460 Parrot Cove