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115 Inlet Way, Palm Beach Shores, Florida 33404

Active For Sale
$5,150,000
  • Beds 0
  • Baths 0
  • Sq Ft 0 Sqft
  • Visits: 2 in 114 days

Description

LAND DEVELOPMENT OPPORTUNITY – Huge upside through the New Development up to 10 VILLAS or T-Homes Development Options Based on Permitted Lot CoverageSite total square footage: 21,426 SF.Dwelling unit density. 10 units. “ Dwelling unit density is “twenty-one (21) units per acre.”Options 1. Six Luxurious exclusive 3,200 SF. townhouses, each featuring a private pool, basement parking, and dedicatedstorage, plus roof top with summer kitchen.2. Eight luxury each 2,400 SF. condominiums in an elegant two-story building, featuring secure basementparking, private gardens or rooftop terraces, and a community pool.3. Ten luxury each 1,900 +/- SF. condominiums in an elegant two-story building, featuring secure basementparking, private gardens or rooftop terraces, and a community pool. steps away from the beach and waterways & filling up highest and best use.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. (attachments: some photos are renderings)

Address Map

  • Country: US
  • State: FL
  • County: Palm Beach
  • City: Palm Beach Shores
  • Subdivision: PALM BEACH SHORES
  • Zipcode: 33404
  • Street: Inlet
  • Street Number: 115
  • Street Suffix: Way
  • Floor Number: 0
  • Longitude: W81° 57' 57.1''
  • Latitude: N26° 46' 29.6''
  • MLS Area: 5240

MLS Addon

  • Association Fee: $0
  • Close Price: $0
  • Elementary School: Lincoln
  • High School: William T. Dwyer
  • Insurance Expense: $0
  • Lot Features: Oversized Lot
  • Lot Size Dimensions: 22000
  • Middle Or Junior School: John F. Kennedy (Palm Beach)
  • New Taxes Expense: $0
  • Tax Annual Amount: $85,406
  • Zoning: Multi-Family Resid

Location

Listing Updated: 2026-07-03 12:12:42

  • Property Type : Land
  • Property Sub Type : Unimproved Land
  • Listing Type : For Sale
  • Listing ID : A11983791
  • Price : $5,150,000
  • View : Intercoastal, Ocean, Other
  • Bedrooms : 0
  • Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 0 Sqft
  • Year Built : 0
  • Lot Area : 0.50 Acre
  • Listing Status : Active
  • Days On Market : 113
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