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109 N Golfview Road

Lake Worth Beach, FL 33460
  • $1,999,000
  • STATUS: Active
  • ON SITE: 48 Days
  • ID#: RX-10851304
Price Reduced
UPDATED: 33 min ago
$1,999,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,325
    SQFT
  • $462
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1936
County:

School Ratings & Info

Description

SABAL PALM HOUSE BED & BREAKFAST LOCATED ACROSS FROM THE INTRACOASTAL IN DOWNTOWN LAKE WORTH. 8 BEDROOM SUITES, AND 8 1/2 BATHS, WITH A LARGE COMMON LIVING AREA, INDOOR DINING ROOMS, AND MANICURED COURTYARD. ALL OF THE ROOMS ARE DECORATED AROUND THE NAME OF A MASTER ARTIST, FROM SALVADOR DALI, TO CHAGALL, AND NORMAN ROCKWELL. RENOVATED IN THE 1997 AND OPERATING AS ONE OF THE MOST POPULAR INNS IN SOUTH FLORIDA. TRIPLE A RATED, 4 DIAMOND, AND NO.1 RATED INN ON TRIP ADVISOR. 1/2 MILE TO THE BEACH, RESTAURANTS, AND SHOPPING DISTRICTS. A COMPLETE INVENTORY, AND FINANCIAL STATEMENT ARE AVAILABLE UPON REQUEST. THE INN IS A TURN-KEY BUSINESS READY FOR THE NEW OWNERS. BREAKFAST IS SERVED IN 2 LARGE INDOOR DINING AREAS. DT - Downtown ( 38-LAKE WORTH ) IS THE NEW ZONING CODE UP TO 4 STORIES.

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www.baronrealestateco.com/homes/135353144
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109 N Golfview Road Lake Worth Beach, FL 33460

  • Price: $1,999,000
  • Status: Active
  • On Site: 48 Days
  • Updated: 33 min ago
  • ID#: RX-10851304
0
Beds
0
Baths
0
½ Baths
0.15
Acres
4,325
SQFT
$462
$/SQFT
1936
Built
Neighborhood:
Lake Worth Town Of
County:
Palm Beach
Area:
Lake Worth Beach
Property Description
SABAL PALM HOUSE BED & BREAKFAST LOCATED ACROSS FROM THE INTRACOASTAL IN DOWNTOWN LAKE WORTH. 8 BEDROOM SUITES, AND 8 1/2 BATHS, WITH A LARGE COMMON LIVING AREA, INDOOR DINING ROOMS, AND MANICURED COURTYARD. ALL OF THE ROOMS ARE DECORATED AROUND THE NAME OF A MASTER ARTIST, FROM SALVADOR DALI, TO CHAGALL, AND NORMAN ROCKWELL. RENOVATED IN THE 1997 AND OPERATING AS ONE OF THE MOST POPULAR INNS IN SOUTH FLORIDA. TRIPLE A RATED, 4 DIAMOND, AND NO.1 RATED INN ON TRIP ADVISOR. 1/2 MILE TO THE BEACH, RESTAURANTS, AND SHOPPING DISTRICTS. A COMPLETE INVENTORY, AND FINANCIAL STATEMENT ARE AVAILABLE UPON REQUEST. THE INN IS A TURN-KEY BUSINESS READY FOR THE NEW OWNERS. BREAKFAST IS SERVED IN 2 LARGE INDOOR DINING AREAS. DT - Downtown ( 38-LAKE WORTH ) IS THE NEW ZONING CODE UP TO 4 STORIES.
Exterior Features

Boat Services Ramp Carport Spaces 0.00 Construction FrameMixed Exterior Features Covered BalconyCovered PatioOpen PatioRoom For PoolZoned Sprinkler Lot Description < 1/4 Acre Lot Dimensions 50.0 Ft X 135.0 Ft Private Pool YN No Roof Mixed Unit1 Parking Open Parking Unit2 Parking Open Parking View GolfIntracoastal Waterfront Description Intracoastal Waterfront YN No

Interior Features

Cooling CentralCentral Individual Flooring Wood Floor Heating CentralCentral Individual Unit1 Bedrooms 4 Unit1 Desc DishwasherDisposalElectric MeterKitchenPantryRefrigeratorRoman TubScreened PorchSeparate DiningSmoke DetectorStack Bedrooms Unit1 Full Baths 4 Unit1 Furnished Yes Unit1 Sq Ft 1500 Unit2 Bedrooms 4 Unit2 Desc DryerLaundryLaundry TubRefrigeratorRoman TubSmoke DetectorW/D HookupWasher Unit2 Full Baths 4 Unit2 Furnished Yes Unit2 Half Baths 1 Unit2 Sq Ft 2825 Unit3 Sq Ft 0 Unit4 Sq Ft 0

Property Features

Annual Net Operating Income 108146.00 Annual Total Expenses 96922.00 Auction No Available Info AccountingInventory Built Desc Resale Development Name Sabal Palm House Bed And Breakfast Gated Community No Gross Operating Income 206225.00 Hoa Fee Per Month 0.00 Homeowners Association Voluntary HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Duplex Possession At Closing REO No Restrictions None Separate Electric Meters No Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Sq Ft Total 5655.00 Subdivision Amenities Bike - JogGolf CoursePicnic AreaSidewalksStreet Lights Tax Amount 25275.90 Tax Year 2022 Taxes County Only Tenant Pays None Terms Considered CashConventional Unit1 Monthly Income 8333.00 Unit2 Monthly Income 8333.00 Unit3 Monthly Income 0.00 Unit4 Monthly Income 0.00 Utilities CableElectricPublic SewerPublic Water Zoning Mf-20(

Listing provided courtesy of The Corcoran Group: [IDXCONTACTINFORMATION]. Listing information © 2023 BeachesMLS
 
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8555 SW Commerce Centre
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