$7,000,000
West Palm Beach, FL 33405
MLS# RX-11116600
28 baths | 10883 sqft
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Property Description
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.
Details
Contract Information
Status: Active
Original List Price: 7000000
Auction: No
List Price: $7,000,000
Current Price: $7,000,000
List Price/Bldg SqFt: 643.2
Listing Date: 2025-08-18
General Property Description
Type: Hotel-Motel
For Sale: Yes
For Lease: No
Property Desc: HOMEWOOD, WEST PALM
Subdivision: HOMEWOOD WPB IN
Year Built: 1955
SqFt - Living: 10883
SqFt Source: Tax Rolls
# of Stories: 2
Total Units: 28
Baths - Total: 28
Acres: 1
% Air Conditioned: 100
Waterfront: No
Location Tax Legal
Area: 5440
County: Palm Beach
Parcel ID: 74434410060050040
Street #: 7800
Street Dir: S
Street Name: Dixie
Street Suffix: Highway
Zip Code: 33405
Legal Desc: HOMEWOOD~ WEST PALM BEACH LTS 4 TO 7 INC BLK 5
Geo Lat: 26.647519
Geo Lon: -80.055819
Building Info
# of Offices: 1
Miles to Expressway: 1
Miles to Beach: 1
Property Features
Use: Hotel/ Motel
Type of Building: Hotel / Motel
Construction: Block; CBS; Concrete
Sale Includes: Building and Land
Avail Docs: None
Avail Info: Owner managed
Flooring: Tile
Cooling: Central; Wall-Win A/C
Heating: Central; Window/Wall
Fire Protect: Smoke Alarm; Smoke Detector; Sprinkler
Tenant Pays: None
Utilities: Electric; Public Sewer; Public Water
Security: Security Light
Roof: Barrel
Terms Considered: Cash; Conventional; Exchange
Lease: None
Possession: At Closing
Showing Instructions: Text Listing Agent
Supplements
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.
Listing Office: Signature Int'l Premier Properties
Last Updated: September - 11 - 2025
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