Bought with Simon Isaacs Real Estate LLC
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Key Details
Sold Price $900,000
Property Type Other Types
Sub Type Hotel/Motel/Hospitality
Listing Status Sold
Purchase Type For Sale
Square Footage 4,063 sqft
Price per Sqft $221
Subdivision Worthmore Park
MLS Listing ID RX-10506492
Sold Date 05/13/19
Construction Status Resale
Abv Grd Liv Area 16
Year Built 1949
Annual Tax Amount $5,611
Tax Year 2018
Lot Size 0.260 Acres
Property Description
Recently remodeled 12-unit vacant Motel, is on corner lot with plenty of back and front parking. Property is greatly located on a high traffic highway (North Dixie Highway), near public transportation and surrounded by retail plazas and restaurants. Also, it is minutes away from downtown Lake Worth, beaches and Palm Beach State College. All 12 units as well as office and manager room have been completely renovated. Building has new roof, new impact windows, all A/C wall units are new, new bathrooms, new commercial water heater, new doors, new kitchen cabinets, upgraded electrical installation with new electric panels, new paint. No active license in place.
Location
State FL
County Palm Beach
Area 5620
Zoning MU-DIXIE - Mixe
Interior
Heating Window/Wall
Cooling Ceiling Fan, Wall-Win A/C
Flooring Ceramic Tile
Fireplaces Type Smoke Detector
Exterior
Community Features Corporate Owned
Utilities Available Electric, Public Sewer, Public Water
Roof Type Comp Rolled
Present Use Corporate Owned
Building
Story 100.00
Foundation CBS
Construction Status Resale
Others
Security Features None
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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934 N University Dr. Suite 226, Springs, FL, 33071, United States