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
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
- Listing updated with changes from the MLS®
- Status changed to Pending
- Listing first seen on site
- Price changed to $5,150,000














