Virtual TourMap

For SaleLandPending

115 Inlet Way

Palm Beach Shores, FL 33404

$5,150,000

70 Days On Site

  • 0.5Acres
  • Multi-Family ResidZoning
  • Palm BeachCounty
Subdivision
Palm Beach Shores
County
Palm Beach
MLS®
A12079363

Overview

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)

Listing Snapshot

Price
$5,150,000
Days On Site
70 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.5 Acres
Year Built
N/A
MLS® Number
A12079363
Status
Pending
Property Tax
$85,406 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

Property Details

General Features

4 items
Acres
0.5
Building Features
NotApplicable
Direction Faces
North
Zoning
Multi-Family Resid

Community Features

3 items
MLS Area
5240
Financing Terms Available
Cash
Roads
Paved

Location

115 Inlet Way, Palm Beach Shores, FL 33404 · 5240

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Neighborhood & Commute

ZIP Code 33404

Median household income
$62,078
Income per person
$39,353
Households
13,857
Average household size
2.45
Median age
42.4

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Status changed to Pending
  3. Listing first seen on site
  4. Price changed to $5,150,000

Friends & Family

Listing courtesy of Trust Invest Real Estate Corp (305) 215-0036

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-07 03:19 AM EST

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