307 North Federal Highway

Lake Worth Beach, FL 33460

$849,000
Price
4
Beds
3
Baths
1
1/2 Bath
1,732 Sq. Ft.
$490 / Sq. Ft.
1,732
Sq. Ft.
$490
per Sq. Ft.

Description

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...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
  1. Listed by Jonathan Allen • Illustrated Properties LLC • 561-329-9997
  2. Listed by Erin Allen • Illustrated Properties LLC

Property Details for 307 North Federal Highway

Subdivision
LAKE WORTH TOWN OF
Design
Old Spanish, Spanish
Waterfront
No
Waterfront Details
None
View
Garden, Pool
Furnished
Furniture Negotiable, Unfurnished
Style
Pool Only
LISTING UPDATED: 11/23/2024 09:44 AM

Property Details for 307 North Federal Highway

StatusActive
MLS #RX-10922727
Days on Market452
Taxes$5,754 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Single Family Detached
Year Built1902
Lot Size0.15 AC / 6,502 SF
CountyPalm Beach County

Building Information for 307 North Federal Highway

Stories2Year Built1902Building Size-Lot Size0.15 AC / 6,502 SF

Property Information for 307 North Federal Highway

Summary
Location and General Information
  • Property Condition: Resale
  • Elementary School: North Grade Elementary School
  • Geo Area: Palm Beach 5600; 5610; 5620; 5630; 5640
  • Special Info: Sold As-Is
  • Street Number: 307
  • Subdivision Complex Bldg: LAKE WORTH TOWN OF
  • Municipal Code: Lake Worth Beach
  • State: FL
  • City Postal ID: 33460
  • MLS Area: 5600
  • MLS Sub Area: PB16
Parking
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Parking: 2 Or More Spaces, Driveway
  • Num Parking Spaces: 4
  • Covered Spaces: 0
Taxes and HOA Information
  • Governing Bodies: None
  • HOPA: No Hopa
  • Association Deposit: No
  • Tax Year: 2022
  • Type of Governing Bodies: None
Virtual Tour
Property
Lot Information
  • Area: 5600
  • Front Exp: East
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre, Paved Road, Public Road, Sidewalks
  • Parcel ID: 38434421150940150
  • Property Group ID: 19990816212109142258000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 1,764
  • Square Ft Source: Tax Rolls
  • Zoning: MU-E(c
  • Front Exposure: East
Property and Assessments
  • Legal Desc: TOWN OF LAKE WORTH LT 15 /LESS E 5 FT SR R/W/ BLK 94
  • Sq Ft Liv Area: 1732.0
  • Legal Description: TOWN OF LAKE WORTH LT 15 /LESS E 5 FT SR R/W/ BLK 94
Utilities
  • Utilities: Cable, Electric, Gas Natural, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Frame Construction, Frame With Stucco, Stucco Exterior Construction
  • Equip/Appl Included: Dishwasher, Disposal, Dryer, Microwave, Range - Electric, Refrigerator, Washer, Water Heater - Gas
  • Exterior Features: Fence, Open Porch
  • Private Pool: Yes
  • Storm Protection: Impact Glass: Complete
  • Subdiv Amenities: None
  • Year Roof Installed: 2022
  • Gated Community YN: No
Interior Features
  • Roof: Comp Rolled, S-Tile
  • Cooling: Ceiling Fan, Central, Electric
  • Flooring: Ceramic Tile
  • Heating: Central, Electric
  • Interior Features: Decorative Fireplace, Split Bedroom, Walk-in Closet
  • Window Treatments: Hurricane Windows, Impact Glass
  • Dining Area: Dining/Kitchen, Eat-In Kitchen
  • Main Level Bedrooms: 1
  • Main Level Bathrooms: 2
  • Guest Accommodations: No
  • Master Bath Features: Mstr Bdrm - Ground
  • Master Bathroom Description: Mstr Bdrm - Ground
  • Baths Total: 3
Master Bedroom
  • Primary Bedroom/Bath: Mstr Bdrm - Ground
Porch
  • PatioFeatures: Patio
Multi Family
Multi-Family Information
  • Stories: 2.0
Rental
Rental Information
  • Pets on Premises: No
  • Pets Allowed: Yes

Property History for 307 North Federal Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 307 North Federal Highway

Taxable ValueLand$136,581Additions$191,507Total$328,088
Tax Record2023$6,631 ($553 / month)
Home Facts
Beds3Baths3Total Finished SqFt1,644 SqFtAbove Grade Finished SqFt1,644 SqFtStories2Lot Size6,504 SqFtStyleSingle Family ResidenceYear Built1902Year Renovated1990ZoningMU-ECountyPALM BEACHAPN38-43-44-21-15-094-0150

Schools near 307 North Federal Highway

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
North Grade Elementary School
PublicK to 8

Lake Worth Community Middle School
Public6 to 8

Lake Worth High School
Public9 to 12

Palm Beach Preparatory Charter Academy
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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307 North Federal Highway is a single family home for sale in Lake Worth Beach, FL 33460. This property was listed for sale on September 27, 2023 by Illustrated Properties LLC, it's currently listed at $849,000. It has been on the market for a total of 452 days and was last sold on July 11, 2018. This listing's school district is Palm Beach. Nearby schools include North Grade Elementary School, Lake Worth Community Middle School and Lake Worth High School. 307 North Federal Highway is a 4-bed, 3.5-bath, 1,732 sqft single family home built in 1902.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Illustrated Properties LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.