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M Lake Worth Beach 525 N Federal Hwy 10 Room Hotel Lake Worth Beach, FL 33460 $2,950,000 ($295,000/Room) 8.24% Cap Rate



INVESTMENT HIGHLIGHTS
- 100% RENOVATED, FURNISHED AND TURNKEY WITH PROVEN TRACK RECORD
- FLEXIBLE USE, CURRENTLY STR NO LEASES IN PLACE
- OUTDOOR SUMMER KITCHEN AND LOUNGE
- GREAT WALKABILITY TO BEACHES, GOLF, AND RESTAURANTS OF DOWNTOWN
- DOUBLE MACINE LAUNDRY FACILITY
- IMPACT WINDOWS
EXECUTIVE SUMMARY
One Commercial Real Estate is pleased to present M Lake Worth Beach, a fully renovated, ten-unit boutique short-term rental property offering a unique and stylish retreat just one mile from the pristine shores of Lake Worth Beach, Florida.
The property has been thoughtfully designed with a blend of retro charm and modern upgrades, capturing the nostalgic vibes of mid-century design while providing guests with all the contemporary comforts they expect. Each of the ten units; a mix of studios, one bedroom, two bedroom apartments that has been meticulously renovated with brand new flooring, cabinetry, appliances, fixtures, and furniture, creating a fresh and inviting atmosphere. The design incorporates warm wood tones, neutral palettes, and modern touches that deliver a welcoming, vibrant space for both short-term visitors and longer stays.
Guests will enjoy a curated and comfortable experience, with memory foam beds, fully equipped kitchens or kitchenettes, blackout shades, and chic furnishings throughout. In addition, the property features an expansive outdoor amenity space, including a custom-built BBQ area, outdoor dining and lounge seating, and a serene environment enhanced by ambient lighting and lush landscaping , perfect for gatherings or moments of relaxationIdeally located within walking distance to downtown Lake Worth Beach’s vibrant dining, arts, and shopping scene, and just minutes from Palm Beach International Airport, Brightline, Tri-Rail, and West Palm Beach, M Lake Worth Beach attracts both leisure and business travelers looking for a unique and well-connected destination. This boutique property’s prime location, along with its distinctive design and high guest satisfaction, ensures consistent demand and strong rental performance.
Offered as a fully operational and turnkey short-term rental asset, M Lake Worth Beach presents a compelling investment opportunity. With proven income, favorable zoning, and a modern aesthetic that sets it apart from other properties in the area, this building provides investors with a chance to capitalize on the growing demand for unique, high-quality hospitality experiences in South Florida.
The property has been thoughtfully designed with a blend of retro charm and modern upgrades, capturing the nostalgic vibes of mid-century design while providing guests with all the contemporary comforts they expect. Each of the ten units; a mix of studios, one bedroom, two bedroom apartments that has been meticulously renovated with brand new flooring, cabinetry, appliances, fixtures, and furniture, creating a fresh and inviting atmosphere. The design incorporates warm wood tones, neutral palettes, and modern touches that deliver a welcoming, vibrant space for both short-term visitors and longer stays.
Guests will enjoy a curated and comfortable experience, with memory foam beds, fully equipped kitchens or kitchenettes, blackout shades, and chic furnishings throughout. In addition, the property features an expansive outdoor amenity space, including a custom-built BBQ area, outdoor dining and lounge seating, and a serene environment enhanced by ambient lighting and lush landscaping , perfect for gatherings or moments of relaxationIdeally located within walking distance to downtown Lake Worth Beach’s vibrant dining, arts, and shopping scene, and just minutes from Palm Beach International Airport, Brightline, Tri-Rail, and West Palm Beach, M Lake Worth Beach attracts both leisure and business travelers looking for a unique and well-connected destination. This boutique property’s prime location, along with its distinctive design and high guest satisfaction, ensures consistent demand and strong rental performance.
Offered as a fully operational and turnkey short-term rental asset, M Lake Worth Beach presents a compelling investment opportunity. With proven income, favorable zoning, and a modern aesthetic that sets it apart from other properties in the area, this building provides investors with a chance to capitalize on the growing demand for unique, high-quality hospitality experiences in South Florida.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 10 | $235.00 | - |
1 1
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (83)
PROPERTY TAXES
| Parcel Number | 38-43-44-21-15-158-0090 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $770,301 |
PROPERTY TAXES
Parcel Number
38-43-44-21-15-158-0090
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$770,301
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M Lake Worth Beach | 525 N Federal Hwy
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