Holiday House

320 North Federal Highway, Lake Worth Beach, FL 33460

Property Information

  • For Sale $3,990,000
  • Property Type Multi-Family
  • Units 30
  • Lot Size 0.27 Acre
  • Building Class C
  • Year Built 1950
  • Date Updated Oct 6, 2026

Description

Surrounded by sought-after local amenities including beaches, golf courses, marinas, parks, and the acclaimed dining and entertainment scenes along Lucerne Avenue and Lake Avenue, the property is ideally positioned to attract both tourists and seasonal visitors seeking an authentic South Florida experience. The surrounding market continues to see substantial hospitality investment, anchored by nearby luxury resorts including Four Seasons Resort Palm Beach, Tide-line Palm Beach Ocean Resort and Spa, and Eau Palm Beach Resort & Spa, while the historic Gulfstream Hotel is currently undergoing a major redevelopment and renovation. Despite the boutique hotel boom throughout Palm Beach County’s coastal markets, there remains limited boutique hospitality inventory within immediate proximity to downtown Lake Worth Beach and the beachfront corridor. With its expansive courtyard, pool-centric layout, and irreplaceable coastal location, the Holiday House Motel offers investors a unique opportunity to create a curated boutique hospitality concept in one of South Florida’s fastest evolving beach-side communities.The Holiday House Motel a rare boutique hospitality repositioning opportunity located in the heart of Lake Worth Beach with a total of 30 units. Positioned along the highly trafficked Federal Highway corridor, the property benefits from exceptional visibility and accessibility while being just minutes from the beach and neighboring the luxury hospitality market of Palm Beach Island. The property presents a compelling value-add opportunity to transform a classic South Florida motel into a modern boutique destination in one of the region’s most supply-constrained coastal sub-markets. With an existing motel license already in place, investors have the ability to capitalize on growing tourism demand and the continued evolution of Lake Worth Beach as a vibrant coastal destination.

Highlights

  • Great visibility on the North Federal Highway corridor just 3 blocks from Downtown
  • Great walkability to the beaches, golf course and restaurants of Lake Ave and Lucerne
  • Motel license in place
  • Pool and expansive courtyard for common area
  • ProForma 12%+ / Cap rate after renovation based on $800,000 renovation investment
  • There are no boutique hotels in the immediate area, closest resorts are 4-5 Star such as The Four Seasons, The Gulfstream, The Tideline and Eau Hotel & Spa

Contacts

Location

Located at 320 North Federal Highway, Lake Worth Beach, FL 33460, this property is part of the Parrot Cove neighborhood and West Palm Beach Boca Raton market.

Contact Listing Broker
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