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115 Inlet Way, Palm Beach Shores, FL – $6,800,000

  • $6.8M Price
  • 9,368 Sqft
  • 332 DOM
  • $6.8M Price
  • 9,368 Sqft
  • 332 DOM

115 Inlet Way

NEW DEVELOPMENT OPPORTUNITY - Huge upside through the New Development up to 10 VILLAS or T-Homes of 2500-3000 sq feet, steps away from the beach and waterways & filling up highest and best use. Huge lot of 22,000 sq feet Two current Buildings of two floors under renovation. Current zoning allows for multifamily use. Building is class C and B (Zoned for Multifamily) Rare opportunity for a reputable developer, fund, assets managing group to purchase an free and clear asset in Palm Beach Shores, new developments rising all over the Palm Beach shores. (NOTE: some photos are renderings)

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Essential Information

  • MLS® #A11620898
  • Price$6,800,000
  • Bathrooms0.00
  • Square Footage9,368
  • Year Built1953
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StyleFourplex
  • StatusActive

Community Information

  • Address115 Inlet Way
  • Area5240
  • SubdivisionChannel House Condo
  • CityPalm Beach Shores
  • CountyPalm Beach
  • StateFL
  • Zip Code33404-6213

Amenities

  • UtilitiesCable Not Available

Interior

  • InteriorConcrete
  • HeatingNone
  • CoolingNone
  • # of Stories2
  • StoriesTwo

Exterior

  • RoofOther
  • ConstructionBlock

Additional Information

  • Listing Courtesy ofTrust Invest Real Estate Corp
  • Date ListedJuly 9th, 2024
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Price Change History for 115 Inlet Way, Palm Beach Shores, FL (MLS® #A11620898)

Date Details Change
Price Increased from $6,500,000 to $6,800,000 $300,000 (4.62%)
Price Reduced from $6,750,000 to $6,500,000 $250,000 (3.70%)