704 N Dixie Highway, Lantana, FL 33462
$1,900,900
Property Type:
Comm/Industry
Baths:
11
Square Footage:
4,722
Status:
Active
Current Price:
$1,900,900
Last Modified:
4/10/2024
Description
Are you ready to invest in your dream hospitality business? Look no further! We present an incredible opportunity to own a charming motel nestled in the heart of Lantana, Florida. This thriving community and prime location make it an ideal investment for aspiring entrepreneurs. Our motel is strategically located in Lantana, offering easy access to major attractions, beaches, and business centers. With a steady flow of tourists and business travelers, you can capitalize on the vibrant local economy. Lantana offers a unique blend of coastal charm and community warmth. Whether you're a seasoned investor or a first-time business owner, this property is a rewarding venture in the thriving hospitality industry. Motel is located about 1 mile from I-95 Lantana Rd. Exit
More Information MLS# RX-10948310
Contract Information
Status: Active
Original List Price: 1900900
Auction: No
List Price: $1,900,900
Current Price: $1,900,900
List Price/Bldg SqFt: 402.56
Listing Date: 2024-01-08
Comm/Non-Rep: 3%
Comm/Buyer Agent: 3%
Comm/Trans Brk: 3%
General Property Description
Type: Hotel-Motel
For Sale: Yes
For Lease: No
Property Desc: Motel
Year Built: 1947
Built Desc: Resale
SqFt - Living: 4722
SqFt Source: Tax Rolls
# of Stories: 2
Total Units: 13
Baths - Total: 11
Acres: 0.41
% Air Conditioned: 100
Location, Tax & Legal
Area: 5610
Geo Area: PB16
Country: United States
County: Palm Beach
Parcel ID: 40434434070010010
Street #: 704
Street Dir: N
Street Name: Dixie
Street Suffix: Highway
State/Province: FL
Zip Code: 33462
Zoning: C1
Legal Desc: LAKEVIEW MANORS LOT 1 & W 8.31 FT OF LOT 2 BLK 1
Tax Year: 2023
Real Estate Taxes: 7450
Geo Lat: 26.589284
Geo Lon: -80.051721
Remarks & Misc
Directions: Lantana Rd to Dixie Hwy head N on Dixie Hwy and property is on your right hand side less than .25 mile
Office/Member Info
DXORIGMLNO: RX-10948310
DXORIGMLSID: RML
Building Info
Miles to Expressway: 15
Miles to Beach: 1
Property Features
Use: Hotel/ Motel
Type of Building: Hotel / Motel
Sale Includes: Building and Land
Avail Docs: None
Avail Info: None
Flooring: Carpet; Tile
Cooling: Wall-Win A/C
Heating: Other
Fire Protect: Smoke Detector
Tenant Pays: None
Utilities: Public Water
Roof: Other
Terms Considered: Cash
Lease: None
Possession: At Closing; Other
Listing Office: LPT Realty, LLC
Last Updated: April - 10 - 2024
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