0 UndisclosedPalm Beach, FL 00000

Property Details for 0 Undisclosed

Year built

1990

Lot size

2.89 AC

Property size (Sq ft)

36,511 SF

Property type

Hospitality properties

Property subtype

Other hospitality properties

Description

This exceptional 100-key hotel in Palm Beach, Florida presents a lucrative investment opportunity. Priced at $15,000,000, this established property boasts a substantial 36,511 square feet of space, translating to a price per square foot of $410.84. Built in 1990, the hotel comprises four buildings, each rising to three stories, and sits on a generous 2.891-acre lot. The property is zoned for general commercial use, offering flexibility for future development or expansion. The hotel's prime location in Palm Beach County ensures high occupancy rates and strong rental income potential. This is a rare chance to acquire a well-established hospitality asset in a highly desirable market. The property's substantial size and established presence make it an ideal investment for experienced hospitality operators or portfolio investors seeking a high-return asset in a thriving tourist destination. Detailed financial information is available upon request, subject to a confidentiality agreement. This is a turnkey operation ready for immediate revenue generation. The property's strong foundation and prime location position it for continued success and growth in the years to come. Don't miss this opportunity to acquire a significant piece of Palm Beach real estate.

Location Insight

City

Palm Beach

County

Palm Beach

State

Florida

Latitude

26.7056

Longitude

-80.0361

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