2821 S Federal Highway Boynton Beach FL 33435 | MLS RX-10630843

2821 S Federal Highway
Boynton Beach, FL, 33435
$9,100,000
Beds
Baths
0 SqFt
2.89 Acres
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.

Property Details

Price:
$9,100,000
MLS #:
RX-10630843
Status:
Active
Address:
2821 S Federal Highway
Type:
Commercial
City:
Boynton Beach
Listed Date:
Jun 15, 2020 (167 days)
State:
FL
ZIP:
33435
Lot Size:
125,888 sqft / 2.89 acres (approx)
Year Built:
1990

Schools

Interior

Cooling
Central
Flooring
Carpet
For Lease
No
Heating
Central, Window/ Wall

Exterior

Construction
C B S
Roof
Comp Shingle
% Air Conditioned
90.00

Financial

Utilities
Cable, Other, Public Water

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