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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
                
                                Great Value Add Potential
                            
                                Walkability to the Golf Course, Lake and Lucerne Ave, Beaches
                            
                                Lake Worth Beach is nestled between booming Palm Beach and Delray Beach
                            
                                Hopsitality in the area include 4-5 Star Hotels with a need for boutique establishments
                            
                                Two Buildings - Can Renovate one at a time and mantain cashflow during renovation
                            
                                Pool and Office

Property Flyers

Holiday House - OM

Cap Rate:

9.17 %

Amenities

High Speed Internet Access
Patio
Outdoor Pool
Public Access Wifi

Public Transportation

Commuter Rail	Drive	Walk	Distance
	5 min	-	1.5 mi
	13 min	-	6.4 mi
Airport	Drive	Walk	Distance
Palm Beach International	14 min	-	7.7 mi

Parking Details

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

Alexis Shapiro 954-573-4449 The Kislak Company

320 N Federal Hwy Lake Worth, FL 33460 Parrot Cove