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)
For sale
Price increase: $300K (3/17)
$6,800,000
115 Inlet Way, Palm Beach Shores, FL 33404
--beds
--baths
9,368sqft
Est.:
Quadruplex
Built in 1953
-- sqft lot
$-- Zestimate®
$726/sqft
$-- HOA
What's special
- 299 days
- on Zillow |
- 304 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: March 17, 2025 at 01:52pm
Listed by:
Jelena Grady 305-215-0036,
Trust Invest Real Estate Corp
Source: MIAMI,MLS#: A11620898
Originating MLS: A-Miami Association of REALTORS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Heating
- None
Cooling
- None
Features
- Stairs
- Flooring: Concrete
Interior area
- Total structure area: 12,928
- Total interior livable area: 9,368 sqft
Video & virtual tour
Property
Parking
- Total spaces: 15
Features
- Stories: 2
- Has private pool: Yes
- Pool features: Heated
Lot
- Features: Oversized Lot
Details
- Parcel number: 54434227040000030
- Zoning: Multifamily/land
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete Block Construction, CBS Construction
- Roof: Other
Condition
- Year built: 1953
Details
- Builder model: Multifamily Airbnb
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Channel House Condo,Up To 11 Units
HOA
- Has HOA: No
Location
- Region: Palm Beach Shores
Financial & listing details
- Price per square foot: $726/sqft
- Tax assessed value: $3,773,130
- Annual tax amount: $87,550
- Date on market: 7/9/2024
- Listing terms: All Cash,Owner Will Carry
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