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.