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$9,250,000
2821 S Federal Hwy, Boynton Beach, FL 33435
0 Beds
0 Baths
36,511 sqft

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Pleased to offer for sale this 104 unit operating hotel and rental property. Sited on 2.98 +/- acres of land with approximately 455 feet of frontage on S Federal Highway, this property offers a new owner the opportunity to flag the hotel with a new brand or redevelop the property for a variety of uses including hotel, multifamily rental, condominium, and retail. There are a total of four buildings, all exterior corridor walk-up, with a variety of room configurations in each building. Additionally, the original site plan approvals called for two more buildings on the southeast portion of the site (which were never constructed), which may provide an upside opportunity for a new owner. The location of this property is prime - just 1.2 miles to the beaches, and 1.4 miles to Interstate 95.
  • Price:
  • $9,250,000
  • Square Footage:
  • 36,511
  • Acreage:
  • 2.89
  • Year Built:
  • 1990
  • Listing ID #:
  • RX-10630843
  • Street Address:
  • 2821 S Federal Hwy
  • City:
  • Boynton Beach
  • State:
  • Florida
  • Postal Code:
  • 33435
  • County:
  • Palm Beach
  • Community:
  • 4220
  • Listing Status:
  • Active
  • Construction Description:
  • Cbs
  • Dwelling Type:
  • Commercial, Hotel / Motel, Resident. Multi-Fam.
  • Flooring:
  • Carpet
  • Number Of Units:
  • 104
  • Square Footage Source:
  • Tax Rolls
  • Stories:
  • 3.0
  • Total Building Square Footage:
  • 36511
  • Type Of Roof:
  • Comp Shingle
  • Year Built:
  • 1990
  • Conforms To Zoning:
  • C3 - Com Commer
  • Included In Sale:
  • Equipment, Fixtures, Furniture, Signs, Trade Name
  • Terms:
  • Cash, Conventional
  • Location Description:
  • City
  • Street Direction Prefix:
  • S
  • Street Type:
  • Highway
  • Property Taxes:
  • $86,221
  • Tax Year:
  • 2019
  • Pool:
  • 104 Room Hotel
  • Cooling System:
  • Central
  • Heating:
  • Central, Window/Wall
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Park View Realty
  • PALMBCH

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