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Southgate Motel 709 S Dixie Hwy 15 Room Hotel Lake Worth, FL 33460 $5,576,219 CAD ($371,748 CAD/Room)
Executive Summary
Situated on approximately 0.45 acres with prime US-1 frontage, the property offers excellent visibility, ample parking, and easy access to I-95, Downtown Lake Worth Beach, Palm Beach International Airport, and nearby beaches.
• Prime US-1 frontage providing exceptional visibility and daily traffic exposure.
• Located in the rapidly improving Lake Worth Beach market just minutes from Downtown Lake Worth Beach, Palm Beach beaches, I-95, and Palm Beach International Airport.
• Approximately 0.45-acre site with an existing hospitality operation.
• Existing motel allows investors to acquire an income-producing asset with operational upside.
• Opportunity to increase revenue through improved management, renovations, dynamic pricing, and marketing initiatives.
• Strong hospitality fundamentals supported by tourism, business travel, seasonal visitors, and workforce lodging demand.
• Desirable Palm Beach County location with limited availability of independently owned motel assets.
• Convenient access to West Palm Beach, Boynton Beach, Delray Beach, and major employment corridors.
• Significant barriers to entry for new hospitality development throughout coastal Palm Beach County.
• Potential long-term redevelopment or repositioning opportunity, subject to zoning and municipal approvals.
• Excellent fit for private investors, hospitality operators, family offices, or 1031 exchange buyers seeking a South Florida asset.
• Prime US-1 frontage providing exceptional visibility and daily traffic exposure.
• Located in the rapidly improving Lake Worth Beach market just minutes from Downtown Lake Worth Beach, Palm Beach beaches, I-95, and Palm Beach International Airport.
• Approximately 0.45-acre site with an existing hospitality operation.
• Existing motel allows investors to acquire an income-producing asset with operational upside.
• Opportunity to increase revenue through improved management, renovations, dynamic pricing, and marketing initiatives.
• Strong hospitality fundamentals supported by tourism, business travel, seasonal visitors, and workforce lodging demand.
• Desirable Palm Beach County location with limited availability of independently owned motel assets.
• Convenient access to West Palm Beach, Boynton Beach, Delray Beach, and major employment corridors.
• Significant barriers to entry for new hospitality development throughout coastal Palm Beach County.
• Potential long-term redevelopment or repositioning opportunity, subject to zoning and municipal approvals.
• Excellent fit for private investors, hospitality operators, family offices, or 1031 exchange buyers seeking a South Florida asset.
Property Facts
| Price | $5,576,219 CAD | Building Size | 5,804 SF |
| Price Per Room | $371,748 CAD | No. Rooms | 15 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 1953/2001 |
| Property Subtype | Hotel | Parking Ratio | 3.1/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.48 AC | ||
| Zoning | HIC-1 - Historic Institutional Core | ||
| Price | $5,576,219 CAD |
| Price Per Room | $371,748 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.48 AC |
| Building Size | 5,804 SF |
| No. Rooms | 15 |
| No. Stories | 1 |
| Year Built/Renovated | 1953/2001 |
| Parking Ratio | 3.1/1,000 SF |
| Corridor | Exterior |
| Zoning | HIC-1 - Historic Institutional Core |
Amenities
- Outdoor Pool
- Smoke Detector
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 1 | $100.88 CAD | - |
| Guest Room | 14 | $86.87 CAD | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 38-43-44-21-15-223-0100 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $542,460 CAD |
Property Taxes
Parcel Number
38-43-44-21-15-223-0100
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$542,460 CAD
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Southgate Motel | 709 S Dixie Hwy
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