115 Inlet Way, Palm Beach Shores, FL 33404
115 Inlet Way, Palm Beach Shores, FL 33404
115 Inlet Way, Palm Beach Shores, FL 33404
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Alex Rojas

Alex Rojas

+1(786) 558-6150
$5,150,000
Est. payment /mo
0.5 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Palm Beach Shores

MLS Listing ID A12079363

HOA Y/N No

Annual Tax Amount $85,406

Tax Year 2025

Lot Size 0.500 Acres

Acres 0.5

Property Sub-Type Residential

Property 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)

Location

State FL

County Palm Beach

Community Palm Beach Shores

Area 5240

Zoning Multi-Family Resid

Exterior

Street Surface Paved

Private Pool Yes

Building

Lot Description Oversized Lot

Faces North

Others

Tax ID 54434227040000030

Acceptable Financing Cash

Listing Terms Cash

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Trust Invest Real Estate Corp

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Alex Rojas

Alex Rojas

+1(786) 558-6150

Realtor® License ID: 3350132

Realtor® License ID: 3350132

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