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1401 S FEDERAL, Lake Worth Beach, 33460 (MLS# R2445622)

1401 S FEDERAL, Lake Worth Beach, 33460

$1,540,000
Property Type: Commercial Sale Square Footage: 16,356 Status: Closed
Current Price: $1,540,000 List Date: 7/31/2004 Last Modified: 5/21/2026

Overview

Description

OWNER OPERATED AS A MOTEL SINCE 1987 BUT HAS CONDO PAPERS. SOME YEAR ROUND TENANTS THE SAME LONG TERM CUSTOMERS EVERY YEAR

Listing Details MLS# R2445622

General Property Information

Building Area Main
16356
Year Built
1971
Stories
2

Property Features

Building Features: Fenced Area; Laundry Facilities Documents Available: Drawings; Owner Managed; Tax Return Electric: 0-100 Amp Service; 200+ Amp Service Flooring: Carpet; Ceramic Tile Heating: Central; Window/Wall Location of Property: City Location Possession: Close Of Escrow Property Condition: Resale Sale Includes: Furniture Special Licenses: Occupational Sprinkler Description: City Sprinkler System Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air Listing Terms: Cash; Conventional Roof: Composition Security Features: Fire Alarm; Security Lights Sewer: Public Sewer Structure Type: Hotel/Motel Water Source: Public Showing Requirements: Appointment Only; Call Listing Office; Call Owner

Contract Information

Comp Sale YN
No
Original List Price
1740000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
1401
Street Direction Prefix
S
Street Name
FEDERAL
City Name
Lake Worth Beach
Postal Code
33460
Area
5610
Geographic Area
PB16
Parcel Number
38434434340010000
Zoning
POMFZO
Directions
I-95 - 6TH AVE SOUTH EAST TO FEDERAL-SOUTH
Property Description
CONDOMINIUM/APARTMEN

Financial Information

Tax Annual Amount
16995
Tax Year
2003
Tax Legal Description
ARUBA ARMS COND ALL OF COND

Remarks and Miscellaneous

Public Historical Remarks
Building Type: Y

More Information

Status Change Information

Major Change Timestamp
2004-07-31T05:00:01Z
Major Change Type
New Listing
Status Change Date
2004-11-02
Under Contract Date
2004-08-10
Close Date
2004-11-01
Close Price
1540000
Buyer Financing
Cash

Building and Property Details

# Of Tenants
20
# Of Toilets
22
% Air Conditioned
100
Door Height
0-8'
Interior Ceiling Height
0

Meter Information

Number Of Meters Total
21

Description of Unit Type 1

Units Total
16
Full Baths
Yes
Furnished
Yes
Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Description of Unit Type 2

Units Total
2
Full Baths
Yes
Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Description of Unit Type 3

Units Total
2
Full Baths
2
Furnished
Yes
Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Price Calculations

Current Price To SqFt
94.15
Original List Price To Close Price
1.12

Originating Details

Originating System Key
20130215205300248837000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

0-100 Amp Service
Yes
200+ Amp Service
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes

Property Condition

Resale
Yes

Documents Available

Drawings
Yes
Owner Managed
Yes
Tax Return
Yes

Structure Type

Hotel/Motel
Yes

Location of Property

City Location
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Building Features

Fenced Area
Yes
Laundry Facilities
Yes

Heating

Central
Yes
Window/Wall
Yes

Sale Includes

Furniture
Yes

Special Licenses

Occupational
Yes

Sprinkler Description

City Sprinkler System
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Composition
Yes

Security Features

Fire Alarm
Yes
Security Lights
Yes

Water Source

Public
Yes

Income and Expenses

Gross Income
0
Other Income
0
Service Expense
0
Utilities Expense
0
Vacancy Allowance Rate
0

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Description of Unit Type 4

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Description of Unit Type 5

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Description of Unit Type 6

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Description of Unit Type 7

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Showing Requirements

Appointment Only
Yes
Call Listing Office
Yes
Call Owner
Yes
Listing Office: Illustrated Properties LLC
IDX
Last Updated: May - 21 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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