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Key Details
Sold Price $370,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 4,316 sqft
Price per Sqft $85
MLS Listing ID A1916263
Sold Date 05/23/14
HOA Y/N No
Year Built 1953
Annual Tax Amount $6,840
Tax Year 2013
Property Sub-Type Hotel/Motel
Property Description
Lender owned property! 2 buildings on 2 lots. 9 units .Operates as a motel, guest pay weekly. Always fully occupied! Management in place. Close to Lake Worth historical downtown, easy access to beaches. Nice unit mix: 5 efficiencies, 2 twobedrooms, 1 oneb edroom , 1 threebebroom. Investor's dream, cash cow
Location
State FL
County Palm Beach County
Area 5600
Direction FROM I-95 TAKE EXIT 64 ,10TH AVE N . HEAD EAST. TURN RIGHT ONTO N. OLIVE AVE. PROPERTY IS ON SW CORNER OF 6TH AVE N AND N. OLIVE
Interior
Cooling Wall/Window Unit(s)
Flooring Other, Tile
Exterior
Roof Type Shingle
Total Parking Spaces 9
Private Pool Yes
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Others
Tax ID 38434421151580090
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash
Special Listing Condition Real Estate Owned
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Tony Giglio
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Bought with GMT International Realty Inc
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Principal Broker | License ID: 3588319