Address901 S Federal Hwy #1, Lake Worth Beach, FL, 33460

Price$4,989,050

  • Commercial
  • 12,696 SQ FT
  • Built in 1983

Thriving Lake Worth, Florida Motel for Sale: Your Dream Investment Opportunity!Discover a rare and lucrative chance to own a flourishing motel nestled in the heart of picturesque Lake Worth, Florida. This meticulously maintained property boasts 32 charming motel rooms, each offering a comfortable retreat for guests seeking relaxation and adventure. With an inviting pool, a delectable on-site restaurant, and a convenient sales office, this motel presents a comprehensive package that promises both a memorable stay for visitors and an exceptional investment for you.Key Features: 32 Thoughtfully Designed Motel Rooms: Each room has been thoughtfully designed to ensure comfort and relaxation for your guests. Modern amenities, cozy furnishings, and attention to detail.Thriving Lake Worth, Florida Motel for Sale: Your Dream Investment Opportunity! Discover a rare and lucrative chance to own a flourishing motel nestled in the heart of picturesque Lake Worth, Florida. This meticulously maintained property boasts 32 charming motel rooms, each offering a comfortable retreat for guests seeking relaxation and adventure. With an inviting pool, a delectable on-site restaurant, and a convenient sales office, this motel presents a comprehensive package that promises both a memorable stay for visitors and an exceptional investment for you. Key Features: 32 Thoughtfully Designed Motel Rooms: Each room has been thoughtfully designed to ensure comfort and relaxation for your guests. Modern amenities, cozy furnishings, and attention to detail create an atmosphere that guarantees guest satisfaction and repeat business. Inviting Pool Area: The crystal-clear pool area provides a refreshing oasis for guests to unwind and soak up the Florida sun. Whether it's a leisurely swim or a relaxing poolside lounge, your guests will find tranquility and enjoyment. Delectable On-Site Restaurant: Enhance your guests' experience with a delightful culinary journey at the on-site restaurant. From breakfast to dinner, the restaurant offers an array of delectable dishes that cater to various tastes and preferences. Convenient Sales Office: Streamline your operations with a fully-equipped sales office that ensures efficient guest check-ins, check-outs, and inquiries. This well-organized space serves as the hub for managing reservations and guest interactions. Prime Location: Situated in the heart of Lake Worth, this motel enjoys proximity to local attractions, entertainment venues, and natural wonders, attracting a steady stream of visitors year-round. Don't miss this incredible opportunity to own a thriving motel in the vibrant city of Lake Worth, Florida. Whether you're an experienced investor or a first-time business owner, this property promises a remarkable blend of lifestyle, profitability, and potential. Seize the moment and make this exceptional motel your next successful venture Established Reputation: With a solid track record of positive reviews and guest satisfaction, the motel has earned a reputable standing in the hospitality industry. Growth Potential: Capitalize on the potential for expansion and increased revenue through targeted marketing strategies, enhanced guest experiences, and potential room rate adjustments. Turnkey Operation: The motel comes fully furnished and equipped, allowing for a seamless transition of ownership and immediate business operations. Don't miss this incredible opportunity to own a thriving motel in the vibrant city of Lake Worth, Florida. Whether you're an experienced investor or a first-time business owner, this property promises a remarkable blend of lifestyle, profitability, and potential. Seize the moment and make this exceptional motel your next successful venture! The New SunGate Motel Motel offers more than just a place to stay; it's an escape to a world where the beauty of the ocean and the serenity of the intercoastal waterway intertwine to create an unforgettable experience. Whether you're seeking a romantic getaway, a family vacation, or a serene solo retreat, our motel provides the perfect blend of relaxation, adventure, and coastal charm. The property includes thirty two motel rooms fully decorated, Inground Pool and lush landscaping patios surrounding the pool area, Sales Office, the motel also offers a fully operating Restaurant. Nestled along the sun-kissed shores of the Atlantic Ocean, Lake Worth, Florida, is a picturesque coastal city that seamlessly blends the tranquility of beach life with the energy of a vibrant community. Known for its charming neighborhoods, diverse culture, and a rich tapestry of activities, Lake Worth offers residents and visitors an unparalleled lifestyle experience.

Essential Information

  • MLS® #RX-10915433
  • Price$4,989,050
  • Taxes$31,737 (2022)
  • Square Footage12,696
  • Acres0.62
  • Price/SqFt$393 USD
  • Year Built1983
  • TypeCommercial
  • Sub-TypeHotel/ Motel
  • StyleCommercial, Free Standing
  • StatusActive

Community Information

  • Address901 S Federal Hwy #1
  • Area5610
  • SubdivisionLAKE WORTH TOWN OF ADD 1
  • CityLake Worth Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33460

Amenities

  • UtilitiesPublic Sewer, Public Water

Interior

  • HeatingElectric
  • CoolingWall-Win A/C
  • # of Stories2

Exterior

  • Lot DescriptionHotel / Motel
  • RoofOther

Additional Information

  • Days on Website249
  • ZoningMU-FH(

Listing Details

  • OfficeThe Keyes Company

Appliances

Building and Land, Equipment, Fixtures, Furniture, Inventory, License, Tools, Trade Name

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Price Change History for 901 S Federal Hwy #1, Lake Worth Beach, FL (MLS® #RX-10915433)

Date Details Change
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $5,250,000 to $4,989,050 $260,950 (4.97%)
Status Changed from New to Active

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