All Listings, $500,000 - $600,000 Real Estate For Sale in Lake Worth, FL

Construction has started on a multi-family residential development with some workforce housing in Lake Worth Beach.

Lake Worth Station is slated to measure five stories above grade, offering a total of 91 luxury units. Of those units, 39 will be designated as workforce housing, which Palm Beach County defines as housing reserved for tenants earning 60 to 140 percent of the area median income (AMI); county records report that as of 2024, the area median income was $104,000.

Homes will span studio to three-bedroom layout plans, measuring 507 to 1,230 square feet. Communal amenities feature a dog park, children’s playground, and bike racks. Bridge Holding LLC is the developer. The firm assembled the project’s 1.44-acre parcel for $1.2 million in 2021.

T&G Constructor is the general contractor; Martin Architectural Group designed Lake Worth Station.

The project is currently unfolding at 906 N G St., Lake Worth Beach, Florida, 33460, in Palm Beach County.

Rediscover a Legend Reimagined: The Gulfstream Hotel in Lake Worth Beach, Florida

Step into a seamless blend of timeless elegance and contemporary luxury at the newly revitalized Gulfstream Hotel. Nestled just moments from the sun-kissed shores of Lake Worth Beach Park and the iconic Lake Worth Beach Pier, this 1925 landmark has been meticulously restored to honor its historic charm while embracing modern sophistication. Immerse yourself in the vibrant energy of downtown’s artsy boutiques, savor breathtaking views of the Intracoastal Waterway, and indulge in coastal-inspired cuisine at the hotel’s onsite restaurant—your perfect retreat for relaxation and adventure in Palm Beach County.

A Vision for the Future

Restoration St. Louis is breathing new life into the long-vacant Gulfstream Hotel at 1 Lake Avenue, dormant since 2005. The restoration will preserve the building’s historic character while introducing 85 boutique hotel rooms and a stylish ground-floor restaurant and bar.

But the transformation doesn’t stop there. A new mixed-use development on adjacent land will expand the experience with:

• 50 additional hotel rooms
• 85 luxury apartments
• A rooftop restaurant and bar with panoramic views
• A full-service spa and salon
• A grand ballroom and meeting spaces
• State-of-the-art fitness center, business center, and club room

This study evaluates the project’s fiscal, economic, and community benefits, assessing its impact on Lake Worth Beach and its partners. The Gulfstream Hotel is more than a revival—it’s a catalyst for growth, culture, and unforgettable experiences.

Welcome to the next chapter of a landmark.