Palm Beach Shores, FL 33404 115 Inlet Way
$5,150,000


Presented By: This listing is courtesy of Trust Invest Real Estate Corp
Home Details
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)
Presented By: This listing is courtesy of Trust Invest Real Estate Corp
Interior Features for 115 Inlet Way
Bathrooms
Total Baths
General for 115 Inlet Way
Building FeaturesNot Applicable
CityPalm Beach Shores
CountyPalm Beach
Development StatusRaw Land
Facing DirectionNorth
Legal DescriptionPALM BEACH SHORES LTS 3 & 4
Listing TermsCash
Lot Size Square Feet21571
Lot Size UnitsSquare Feet
MLS Area5240
MLS Area MinorPalm Beach 5730; 5740; 5760; 5770; 5790
Occupancy TypeVacant
PossessionClose Of Escrow
PostalCityPalm Beach Shores
Property Sub Type AdditionalResidential
Property SubtypeResidential
Property TypeLand
Standard StatusActive
StatusActive
Subdivision NamePALM BEACH SHORES
Tax Annual Amount85406
Tax Lot2 LOTS
Tax Year2025
Virtual TourClick here
Zoning DescriptionMulti-Family Resid
Exterior for 115 Inlet Way
Covered Spaces
Lot FeaturesOversized Lot
Lot Size Acres0.5
Lot Size Area21571
Number of Lots2
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved
VegetationGrassed
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Elianne Carolina Munoz Arias
Realtor®
