Basic Information

  • MLS # A12079363
  • Type Residential
  • Status Pending
  • Subdivision/Complex Palm Beach Shores
  • Total Size 21,571 Sq.Ft / 0.50 Acre
  • Date Listed 08/28/2026
  • Days on Market 58
Description

LAND DEVELOPMENT OPPORTUNITY - Huge upside through the New Development up to 10 VILLAS or T-Homes Development Options Based on Permitted Lot Coverage Site 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 dedicated storage, plus roof top with summer kitchen. 2. Eight luxury each 2,400 SF. condominiums in an elegant two-story building, featuring secure basement parking, 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 basement parking, 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)

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool Yes
  • Parking Description
  • Style Residential

Interior Features

  • Adjusted Sqft 0.50 AcreSq.Ft
  • Sqft 0.50 AcreSq.Ft

Property Features

  • Address 115 Inlet Way
  • Aprox. Lot Size 21,571
  • City Palm Beach Shores
  • County Palm Beach
  • Direction Faces North
  • Furnished Info no
  • Listing Terms Cash
  • Lot Features Oversized Lot
  • Possession Close Of Escrow
  • Postal City Palm Beach Shores
  • Public Survey Township 54
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Palm Beach Shores
  • Tax Amount $85,406
  • Tax Legal desc PALM BEACH SHORES LTS 3 & 4
  • Tax Year 2025
  • Terms Considered Cash
  • Type of Property Residential

115 Inlet Way

Palm Beach Shores, FL 33404

Similar Properties ForSale

    The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Trust Invest Real Estate Corp. tel: 844-414-4488

    Real Estate IDX Powered by: TREMGROUP