For Sale

Capri Motel & Apartments

901, 905, & 911 North Federal Highway,
Lake Worth Beach, FL 33460

Asset Snapshot

N/A
Multifamily Subtype
28 Units
Unit Count

Offering Summary

Investment Overview

Capri Motel is a 28-room hospitality property located at 901, 905 and 911 N. Federal Highway in Lake Worth Beach, Florida. The property consists of three two-story buildings situated on three parcels totaling approximately 0.63 acres and includes 30 on-site parking spaces. The property has undergone improvements including renovated guest rooms and a resurfaced outdoor swimming pool. The property benefits from its location along N. Federal Highway near downtown Lake Worth Beach, area beaches and numerous recreational and hospitality destinations.


Investment Highlights

  • 28-room hospitality property
  • Three buildings situated on three parcels totaling approximately 0.63 acres
  • Exterior-corridor configuration
  • Full kitchens in 22 of 28 rooms
  • Two rooms have potential conversion to 2-bedroom units
  • Renovated guest rooms
  • Resurfaced outdoor swimming pool
  • Dedicated, off-street parking and free street parking
  • Prominent location along North Federal Highway

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$6,160,000
Asking Price

Investment Sales Broker

Alexis Shapiro
The Kislak Company, Inc.

Market Insights