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106-112 N Ocean Breeze

106-112 N Ocean Breeze, Lake Worth Beach, FL 33460

$850,000

106 & 112 North Ocean Breeze ''Jewel Hotel'' Project is For Sale. Full Downtown Zoning. Fully entitled 29 unit hotel project. Includes one of Palm Beach County's oldest standing historic lodging facilities built prior to 1916. Local & Federal tax incentives available upon completion. The lots are both 50'x135' the north lot is vacant. The 106 building will be incorporated in to the new hotel design. Plans are fully approved through calendar year 2023. The completed project could also be used as residential rentals or condos. The zoning allows for many possible uses. The property can also be sold with 6 Lucerne Avenue an approved 8 unit hotel, that would make for 37 units within walking distance. Price includes all approved plans.

LISTING AGENT

Don Todorich

Sales Associate

Specializing in historic homes, waterfront homes, in areas from Jupiter, to Boca Raton.
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Key Features

Flooring

Wood

Utilities

Other

Roof

Other

Heating

None

Cooling

None

The Location

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