Price Reduced 3.70%

$6,500,000 ($693.85 per sqft)

Est. Mortgage $33,296/mo *

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Price History

$6,750,000
7/9/2024

$6,500,000
10/21/2024

115 Inlet Way, Palm Beach Shores, FL, 33404

115 Inlet Way, Palm Beach Shores, FL, 33404
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1953

Fourplex

9,368 sqft

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)

Status:

Active

Type:

Multi-family

Zoning:

Multifamily/land

Subdivision:

Channel House Condo

Heating:

None

Cooling:

None

Parking:

15-car

Est. Taxes:

$87,550

Construction

Block

Utilities

Cable Not Available

Lot Description:

Oversized Lot

Days on Market:

104

Pool:

Heated, Pool

MLS #:

A11620898

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of Trust Invest Real Estate Corp Phone: 844-414-4488