307 N Federal Hwy, Lake Worth Beach

$899,000

4 Beds
4 Baths
1,732 Sqft
.15 Acres
0 Garages

Previously operated as the Banana Inn B & B in the '90s, this charming Mediterranean Revival home continues to host out-of-town travelers seeking the sun and warmth of South Florida. Offered with all furnishings and prospective bookings, if desired, make it a ready-made investment. The home has a successful book of business and grossed over $120K in 2022. Detailed pro forma available upon request to serious buyers only. The walkability to the beach and to downtown which is just steps away with its sidewalk cafes, art galleries and shops make this property the ideal vacation spot. Current zoning allows for a B&B and/or professional office/businesses. The home stands gracefully beneath an olive tree, welcoming visitors with an arched porch entry. Inside you'll discover a troveof preserved architectural gems: from the arched windows crowned with transoms in the living room, to a coquina-faced fireplace. An extensive renovation with a keen eye to detail resulted in a perfect blend of historic charm and modern updates. A beautiful kitchen opens to the dining room and creates a welcoming space for friends and family to gather as meals are prepared. Three updated fresh and modern bathrooms. A sun-drenched Florida room extends the living space. Just outside the dining room is an expansive outdoor paver patio that beckons al fresco dinners and fun days chillin' at the pool. Recent big ticket upgrades ensure peace of mind: all-new wiring and plumbing, brand new roof, and all impact windows and doors blend safety with aesthetics. Outside, the brand-new natural gas pool heater guarantees year-round enjoyment of the heated pool, nestled within a private tropical haven. The community teems with life: from the Lake Worth Green Market to the Snook Island boardwalk, Bryant Park's Intracoastal paddling adventures, and the scenic municipal golf course. The beach, with its cabanas, eateries, and a 300-ft pier is a mere 15-minute stroll from this home. Positioned conveniently near Palm Beach International Airport, Tri Rail, downtown West Palm, and the opulent Island of Palm Beach, this home is the gateway to quintessential South Florida living. Experience history, luxury, and lifestyle, all in one unique offering.

Essential Information
MLS® #RX-10922727
Price$899,000
Bedrooms4
Bathrooms4.00
Full Baths3
Half Baths1
Square Footage1,732
Acres0.15
Year Built1902
TypeResidential
StyleSpanish, Old Spanish
StatusActive
Sub-Type

Residential, Single Family Detached

Community Information
Address307 N Federal Hwy
Area5600
SubdivisionLAKE WORTH TOWN OF
CityLake Worth Beach
CountyPalm Beach
StateFL
Zip Code33460
Amenities
AmenitiesNone
Parking2+ Spaces, Driveway
ViewPool, Garden
WaterfrontNone
Has PoolYes
PoolInground, Heated
Utilities

3-Phase Electric, Public Water, Public Sewer, Cable, Gas Natural

Interior
HeatingCentral, Electric
CoolingElectric, Ceiling Fan, Central
FireplaceYes
# of Stories2
Stories2.00
Interior Features

Split Bedroom, Walk-in Closet, Decorative Fireplace

Appliances

Washer, Dryer, Refrigerator, Range - Electric, Dishwasher, Water Heater - Gas, Disposal, Microwave

Exterior
Exterior FeaturesFence, Open Porch
RoofS-Tile, Comp Rolled
ConstructionFrame, Frame/Stucco
Lot Description

< 1/4 Acre, Sidewalks, Public Road, Paved Road

Windows

Hurricane Windows, Impact Glass

School Information
ElementaryNorth Grade Elementary School
Additional Information
Date ListedSeptember 27th, 2023
Days on Market213
ZoningMU-E(c
Contact Info561-329-9997
Listing Details
OfficeIllustrated Properties Llc
Property History
Status Changed from Price Change to Active
Status Changed from Active to Price ChangePrice Reduced from $949,000 to $899,000
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $989,000 to $949,000
Show All History (6)
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Listing information last updated on April 27th, 2024 at 2:31pm EDT.

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.

Listing information last updated on April 27th, 2024 at 2:31pm EDT.

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