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Active
115 Inlet Way Palm Beach Shores, FL 33404
0.5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Palm Beach Shores
MLS Listing ID A11983791
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)
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
Exterior
Street Surface Paved
Private Pool Yes
Building
Lot Description Oversized Lot
Faces North
Others
Tax ID 54434227040000030
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11983791
Listed by Trust Invest Real Estate Corp
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