LAKE WORTH TOWN OF

307 N Federal Highway, FL 33460

4 beds · 3.5 baths · 1,732 ft²

Closed

$849,000

14.16%

Est. Payment $4,519/mo

MLS Sheet Video

4

Bedrooms

3.5

Bathrooms

1,732

Sq. Ft.

1902

Year Built

2

Stories

471

Days on Market

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 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.

Facts

MLS#
R10922727
Subdivision
LAKE WORTH TOWN OF
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1902
Lot Size
6,534 ft²
Sq. Ft.
1,732 ft²
Sq. Mt.
161 m²
Price per sq. ft.
$490/ft²
Price per sq. mt.
$5,273/m²
Stories
2
Garage
Pool
Private
Days on Market
471 days
Listed
Sep 27, 2023
Last Updated
Jul 27, 2026
Price/Lot Sq.Ft.
$130/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for ZIP 33460

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

15

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

7/27/2026Sold$849,000
8/14/2024Price change$849,000-14.2%
9/27/2023Listed for sale$989,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Estimated Monthly Payment

$5,376/mo

Principal & Interest

$4,519

Property Tax

$708

Insurance

$150

HOA

$0

20% ($169,800)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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