Unlock the full potential of this rare and expansive 1-acre property located in the heart of the rapidly growing SoSo neighborhood along highly visible Dixie Highway. With 28 existing rooms across 4 income-generating structures totaling 10,883 SF under air, this property presents an exceptional opportunity to restore, redevelop, or reposition in one of West Palm Beach's most active commercial corridors. Zoning: Neighborhood Commercial - offering flexibility for hospitality, mixed-use, or commercial redevelopment. Lot Size: Largest hospitality parcel in the south end at 1 acre. Room Count: 28 rooms currently, with potential for expansion up to 32. Structures: 4 buildings onsite - allowing phased redevelopment while maintaining revenue from existing units. Parking: 20+ marked spaces with ample room for guest use and future amenities. Future Growth Potential: If property left as-is, option for additional structure in northeast corner of the lot and ample space to add a pool or enhance amenities in multiple different areas on site. Visibility: Over 21,500 AADT on Dixie Hwy. Strategic Positioning: Directly across from the Winn Dixie shopping center recently acquired, and adjacent to large-scale developments including Trader Joe's, national retailers, apartments, and grocers under construction. Connectivity: Only 5 minutes to Downtown West Palm Beach, I-95, and major regional attractions. Inquire within regarding local comparable sale, highlighting the value and upside potential of this offering. This is a rare chance to own and reimagine a cornerstone property in a booming submarket. Whether you're seeking a boutique hotel, a branded hospitality concept, or a mixed-use redevelopment, the framework is already in place. Come and explore the potential of this one-of-a-kind opportunity.
| MLS # | R11116600 |
|---|---|
| Listing Type | For Sale |
| Style | Hotelmotel |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1955 |
| Days On Site | 408 |
| Listing Provided By | Signature Int'l Premier Properties | Aaron Oken |
| Bath(s) | 28 |
|---|---|
| SQ Feet | 10,883 |
| Story(s) | 2 |
| Units | 28 |
| Zoning | NC(cit |
| Acreage | 1.00 |
| Tax Annual Amount | 29540.1 |
|---|
| State | FL |
|---|---|
| County | Palm Beach |
| City | West Palm Beach |
| Zip Code | 33405 |
| Area | 5440 |
| Subarea | PB20 |
| Listing VS Median (in 33405) | |
Price: $7,000,000 low | high Med: $499,000 sqft: 10,883 low | high Med: 1,647 $ / sqft: $643 low | high Med: $303 On site: 408 low | high Med: 354 | |
| State | FL |
|---|---|
| County | Palm Beach |
| City | West Palm Beach |
| Zip Code | 33405 |
| Area | 5440 |
| Subarea | PB20 |
| Listing VS Median (in 33405) | |
Price: $7,000,000 low | high Med: $499,000 sqft: 10,883 low | high Med: 1,647 $ / sqft: $643 low | high Med: $303 On site: 408 low | high Med: 354 | |