Welcome to an extraordinary investment opportunity in the heart of Lake Worth Beach. Built in 1981, this premier hotel property located at 714 S Dixie Hwy presents an unparalleled chance to acquire a piece of history in one of South Florida's most desirable locations. 13,700 annual average driving traffic number (AADT) signaling a densely populated area with strong growth.
Bearing 17-spacious room, boasting a total square footage of 6,944 square feet, this meticulously maintained hotel exemplifies the epitome of upscale lodging, offering a compelling blend of luxury, convenience, and profit potential. A 10-minute drive to Palm Beach International Airport. A 7-minute drive to Lantana Sports Complex which is a 14-acre sports and wellness haven
714 S Dixie Hwy, Lake Worth, FL, 33460
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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