2821 S Federal Hwy, Boynton Beach, FL 33435

 -  $9,100,000

MLS® # RX-10630843

  • 36,511 SQ. Feet
  • 1990 Year Built
  • 2.89 Acres
  • 173 Days On Market

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.

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Property

Location

  • Address2821 S Federal Hwy
  • CityBoynton Beach
  • StateFL

Size And Restrictions

  • Acres2.89
  • Lot Description104 Room Hotel

Taxes

  • Tax Amount$86,221
  • Tax Year2019

Improvements

  • Property SubtypeHotel/ Motel, Mixed, Other

Utilities

  • UtilitiesCable, Public Water, Other

Market

Interior

Heating And Cooling

  • HeatingCentral, Window/Wall
  • Air ConditioningCentral

Interior Features

  • AppliancesEquipment, Fixtures, Furniture, Signs, Trade Name

Building

Building Information

  • Year Built1990
  • # Of Stories3
  • ConstructionCBS
  • RoofComp Shingle

Community

Home Owners Association

  • HOA Membership (Monthly)Yes

Info

  • OfficePark View Realty

Map & Directions

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Listing information last updated on December 5th, 2020 at 2:30pm EST.