Bought with United Realty Group, Inc
$1,770,000
$1,900,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
20 Baths
6,911 SqFt
SOLD DATE : 08/09/2021
Key Details
Sold Price $1,770,000
Property Type Commercial
Sub Type Hotel-Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 6,911 sqft
Price per Sqft $256
Subdivision Lantana Point
MLS Listing ID RX-10698241
Sold Date 08/09/21
Construction Status Resale
Abv Grd Liv Area 16
Year Built 1952
Annual Tax Amount $14,344
Tax Year 2020
Lot Size 0.500 Acres
Property Description
This sale includes land, buildings and business. Currently an owner-operated motel with 19 rooms plus single family house and office. This .50 acre commercial site on the northeast corner of S. Dixie Highway and W Pine St. It enjoys two access points, plenty of parking area, with high vehicle and pedestrian daily traffic. Located in a GROWING submarket just 1.2 miles from the I95 and .09 miles from the Lantana beach, South Palm Beach and Manalapan. Capital improvements include two year new DUCTLESS A/C WITH HEAT UNITS, DOUBLE PANE WINDOWS,NEWLY REPLACEMENT ROOM DOORS and CONTACTLESS RF STYLEDOOR LOCKS.
Location
State FL
County Palm Beach
Area 5640
Zoning C1(cit
Interior
Heating Central Individual, Electric
Cooling Ceiling Fan, Electric, Central Individual
Flooring Carpet, Tile
Fireplaces Type Smoke Alarm, Smoke Detector
Exterior
Community Features Corporate Owned
Utilities Available Cable, Public Sewer, Public Water, Electric
Waterfront No
Waterfront Description None
Roof Type Tar/Gravel
Present Use Corporate Owned
Building
Story 20.00
Foundation CBS
Construction Status Resale
Others
Security Features Security Light,TV Camera,Security Sys-Owned
Acceptable Financing Cash, Owner, Conventional
Listing Terms Cash, Owner, Conventional
Financing Cash,Owner,Conventional
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