307 N Federal Highway Lake Worth Beach FL 33460 Sold 04/02/2025
Overview of 307 N Federal Highway
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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 trove dining room and creates a welcoming space for friends and family to gather as meals are prepared. Just off the dining room is a spacious deck with a retractable awning that beckons al fresco dinners. Recent 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. Previously operated as the Banana Inn B & B in the early 1990s, this home continues to flourish as a host to out-of-town travelers complete with a solid income stream (details available). Offered with all furnishings and prospective bookings, if desired, makes it a ready-made investment. Lake Worth Beach, with its enviable walkability rating among the best in the U.S., promises a European-style experience. Sidewalk cafes, art havens, and boutiques are just steps away waiting for you to explore. The heart of downtown is but a 3 block walk, and daily essentials are four blocks away at the local supermarket. 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.
This lovely single family home was built in 1902 and features 4 bedrooms, and 3 full bathrooms plus 1 half bath. This home for sale is 1,764 square feet, with 1,732 sq ft being air conditioned living space. The home has a has a private swimming pool.
Please contact your ZFC agent for more information about MLS# RX-10922727 or any other homes for sale in Lake Worth Beach or elsewhere in the Palm Beach County area.
307 N Federal Highway Price Calculator
The payment calculator figures for 307 N Federal Highway should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this home for sale are estimated based on the actual property taxes for this property for the tax year 2022 which are $5,754 but will likely change when this home sells. These estimations are calculated from a list price of $849,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the home characteristics and location.
Recent Home Sales near 307 N Federal Highway
MLS# RX-10922727 Listing History
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Public Transportation
Palm Tran: LUCERNE AVE at N OLIVE AVE
Route 62 - WLN - LKW via LAKE WORTH
Palm Tran: LUCERNE AVE at N K ST
Route 62 - WLN - LKW via LAKE WORTH
Palm Tran: LAKE AVE at FEDERAL HWY
Route 62 - WLN - LKW via LAKE WORTH
Palm Tran: LAKE AVE at S L ST
Route 62 - WLN - LKW via LAKE WORTH
Palm Tran: LUCERNE AVE at LAKESIDE DR
Map of 307 N Federal Highway Lake Worth Beach FL 33460
The data relating to homes for sale or lease or other real estate for sale or for rent on the ZFC website comes in part from a cooperative data exchange program of the MLS in which this Broker participates. The real estate displayed may not be all of the homes in the database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Homes for sale that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS and the details page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. ZFC, the Florida Association of Realtors and its cooperating Multiple Listing Services do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law including the fair housing act prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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