Seller Financing
Address
138 S Dixie Highway Lantana, FL
Price
$ 1,900,000
Property Attributes
  • MLS#RX-10403537
  • TypeCommercial
  • CountyPALM BEACH
  • CityLantana
  • Area5640
  • NeighborhoodLantana Point
  • Zip33462
  • StyleHotel/ Motel,Income
  • Year Built1952
  • Taxes13349
  • Price$ 1,900,000
  • Bedrooms0
  • Full Bathrooms20
  • Half Bathrooms0
  • Sqr Footage6911
Listing Provided Courtesy Of:
561REALTY.COM
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 STYLE DOOR LOCKS. TURNKEY OPERATION. OWNER FINANCING AVAILABLE with approval.

Price History
2/7/2018 Listed $2,100,000
5/27/2019 10% - $1,900,000

General Features

Area 5640
Auction No
Built Desc Resale
Construction CBS
Cooling Ceiling Fan, Central Individual, Electric
Flooring Carpet, Tile
For Lease No
Geo Area PB16
Geo Lat 26.583086
Geo Lon -80.051656
Heating Central Individual, Electric
Legal Description LANTANA POINT ADD LT 30 (LESS N 0.5 FT OF W 73 FT) & LTS 31 THRU 34 BLK 3
Location City
Misc. Manager on Premises, Office, Traffic Heavy
Misc. Fenced, Sprinkler City
Possession At Closing
Property Type E
R.E. Taxes 13368.00
Roof Tar/Gravel
Security Security Light, Security Sys-Owned, TV Camera
Special Info Corporate Owned
Status Active
Stories 1.0
Subdivision LANTANA POINT
Tax Year 2017
Tenant Pays None
Terms Considered Cash, Conventional, Owner
Total Expenses 103858.00
Type Hotel-Motel
Type Of Building Commercial, Free Standing, Hotel / Motel, Income
Use Hotel/ Motel, Income
Utilities Cable, Electric, Public Sewer, Public Water
Virtual Tour https://www.propertypanorama.com/138-S-Dixie-Highway-Lantana-FL-33462/unbranded
Year Built 1952
Zoning C1 - Commercial

Interior Features

Total Number of Units 20

Exterior Features

Sale Includes Building and Land, Equipment, Fixtures, Furniture, Inventory, Machinery, Tools
Lot Size 0.50
Property Desc 3900 - MOTEL
Waterfront None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33462

Price
AVG $1.95M
$1.9M
Taxes
AVG $23,861
$13,349
Visits
AVG 57
204
Year Built
AVG 1967
1952
Walkscore
AVG 60
74
Data Provided by Walkscore ® not using MLS data

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