For Sale
$1,680,000

704 Dixie HwyLantana, FL 33462

13-Unit Motel, Prime Location, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 13-unit motel situated at 704 N Dixie Highway, Lantana, FL 33462. The property, built in 1947, comprises two buildings across a single parcel, offering a total of 16 beds and 16 keys. The combined square footage ranges from 1,980 to 2,742 square feet. The motel boasts 14 parking spaces, providing ample accommodation for guests. Its strategic location offers easy access to I-95 via Lantana Road exit (approximately 1 mile away), placing it within close proximity to waterways and major attractions. The property's APN is 40434434070010010. This established motel presents a strong potential for significant returns in the thriving hospitality sector of Lantana, a community known for its coastal charm and vibrant local economy. The asking price is $1,680,000. This is a rare chance to acquire a well-positioned, multi-unit motel in a desirable Florida location. The property is classified as Special Purpose. The two-story buildings offer a solid foundation for continued success or potential redevelopment.

Highlights

  • Prime waterfront location.
  • Easy access to major highway.
  • Two-building property on single tax parcel.

Property Details for 704 Dixie Hwy

Property type
Specialty properties
Square Feet
1,980 SF
Year Built
1947
Buildings
2
Stories
2
Units
13

Location Insight

City
Lantana
County
Palm Beach
State
Florida
Latitude
26.5893864
Longitude
-80.0517166
704 Dixie Hwy, Lantana, Florida

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704 Dixie Hwy
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