$10,000

closing credit¹

307 N Federal Hwy Lake Worth Beach, FL 33460

$849,000
4 beds
3 full, 1 partial
1,732 sqft
$490 / sqft
House

Property details

About 307 N Federal Hwy

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

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCeiling Fan(s), Central Air, Electric
Size1,732 sqft
Year built1902
Parking2+ Spaces, Driveway
MLS #RX-10922727
ViewGarden, Pool
Private poolYes

Summary

  • MLS Number: RX-10922727
  • Office Name: Illustrated Properties LLC
  • Office Phone: (561) 582-5338
  • Listing Agent: Jonathan Allen
  • Agent Phone: (561) 312-8713

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$849,000

307 N Federal Hwy

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

2

Highland Elementary School

Public Magnet EE-5

0.9 mi

500 Highland Ave

5

South Grade Elementary School

Public Magnet PK-5

0.9 mi

716 S K St

2

Barton Elementary School

Public District PK-5

1.8 mi

1700 Barton Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,167. Typical income of Lake Worth Beach, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

40%
<35k
42%
35k-100k
15%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

74%
Single, No Kids
9%
Single, with Kids
11%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
3%
12-17 yrs old
32%
18-34 yrs old
44%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 307 N Federal Hwy

This home is located at 307 N Federal Hwy in Lake Worth Beach, FL and zip code 33460 in the Mango Groves neighborhood. This 1,732 square foot home was built in 1902. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 27, 2023 and is currently priced at $849,000.

While more than 8 listings in Lake Worth Beach, FL in January 2025 were sold above asking price, there were more than 9 listings sold at asking price, and more than 77 were sold below. The number of homes for sale in Lake Worth Beach, FL increased by 14.8% between December and January 2025. While the average time on the market in January 2025 was 77 days, the median list price was $466,547.

From Rocket Homes Real Estate and based on county public records data.

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