Lake Worth Town, 307 N Federal Hwy

4
Beds
31/2
Baths
1,732
SqFt
$462
$/SqFt
Sold - Apr 02, 2025
Premium House
Built in 1902
Garden,Pool View
Spanish Mediterranean
Outdoor Living Area
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 of preserved architectural gems: from the arched windows crowned with transoms in the living room, to a coquina-faced fireplace. An extensive renovation with a keen eye to detail resulted in a perfect blend of historic charm and modern updates. A beautiful kitchen opens to the dining room and creates a welcoming space for friends and family to gather as meals are prepared. Three updated fresh and modern bathrooms. A sun-drenched Florida room extends the living space. Just outside the dining room is an expansive outdoor paver patio that beckons al fresco dinners and fun days chillin' at the pool. Recent big ticket 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. 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.
MLS Number: R10922727
On Site: 1088 Days
Updated: 7 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 4
Bathrooms
  • Bathrooms: 3
  • Half Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: OutdoorLivingArea
  • View: Garden,Pool
Interior, Heating and Cooling
  • Interior Features: EatInKitchen, KitchenDiningCombo, MainLevelPrimary, SplitBedrooms, WalkInClosets
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Disposal, GasWaterHeater, Microwave, Refrigerator, WaterHeater, Washer
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir, CeilingFans, Electric
Building and Construction
  • Floor Description: CeramicTile
  • Windows/Treatment: StormWindows
  • Year Built: 1902
  • Style: SpanishMediterranean
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
  • Elementary School: North Grade K-8
  • Middle School: Lake Worth
  • Senior High School: Lake Worth
Other Property Info
  • Garage: No info
  • Listing Date: 2023-09-27T08:12:00.000-00:00
  • Directions: East
  • Pets Allowed: Yes
Taxes, Fees & More
  • Taxes: 5753.79
  • Total Floors in Building: 2

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Price History

Current
$800K
High
$989K
Low
$800K
Total Change
-19.1%
$1M$895K$777KSep 23Nov 23Mar 24Jul 24Aug 24Apr 25Aug 24
Date
Event
Price
Change
Price Per
08/13/2024
Sold
$800K
0%
$462 ft2
$4,972 m2
04/02/2025
Price Reduced
$800K
-5.77%
$462 ft2
$4,972 m2
08/12/2024
Price Reduced
$849K
-2.97%
$490 ft2
$5,276 m2
07/14/2024
Price Reduced
$875K
-2.67%
$505 ft2
$5,438 m2
03/25/2024
Price Reduced
$899K
-5.27%
$519 ft2
$5,587 m2
11/23/2023
Price Reduced
$949K
-4.04%
$548 ft2
$5,898 m2
09/27/2023
Listed
$989K
 
$571 ft2
$6,146 m2
08/13/2024
$800K
Event
Sold
Change
0%
Price Per
$462 ft2
$4,972 m2
04/02/2025
$800K
Event
Price Reduced
Change
-5.77%
Price Per
$462 ft2
$4,972 m2
08/12/2024
$849K
Event
Price Reduced
Change
-2.97%
Price Per
$490 ft2
$5,276 m2
07/14/2024
$875K
Event
Price Reduced
Change
-2.67%
Price Per
$505 ft2
$5,438 m2
03/25/2024
$899K
Event
Price Reduced
Change
-5.27%
Price Per
$519 ft2
$5,587 m2
11/23/2023
$949K
Event
Price Reduced
Change
-4.04%
Price Per
$548 ft2
$5,898 m2
09/27/2023
$989K
Event
Listed
Price Per
$571 ft2
$6,146 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Gary AllenIllustrated Properties LLC • Buyer Agency Compensation .

Listing Location & Street View
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Scores

Walk Score®
Somewhat Walkable. Some errands can be accomplished on foot
67

100
Bike Score®
Biker's Paradise. Daily errands can be accomplished on a bike
95

100
Sound Score®
Very loud
73

100
Airport Score
Close to airports. Noticeable airport activity
1

100
Traffic Score
Congested area. Frequent traffic delays
34

100
Local Score
Limited local amenities nearby
8

100
Community Snapshot
1 – 5 BR
Bedrooms
$110K – $1.5M
Price Tier
360 - 8,560
SqFt Range
1950
Year Build
1
Total Floors

Subdivision Amenities

Golf Course
None
Sidewalks

Lake Worth Beach
Premium
Premium Homes & Condos