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115 Inlet Way

Palm Beach Shores, FL 33404
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SqFt21,571

Sqft(Lot)

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 po ol. 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)

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Detail Ic Property Details

Property Type : Land

Price : $5,150,000

AD Id : 76181213

MLS Id : A11983791

Lot Size : 21,571 Sqft(Lot)

County : Palm Beach

Subdivision: Palm Beach Shores

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Map

Feature Features

  • Lot Information

    Main Square Feet: 21571 Lot Size Acres: 0.5 Lot Size Square Feet: 21,571 Lot Description: OversizedLot

    Property Information

    Subdivision: PALM BEACH SHORES Source Property Type: Land MLS Area Minor: Palm Beach 5730; 5740; 5760; 5770; 5790 Postal Code Plus 4: 6213 Zoning Description: Multi-Family Resid Property SubType: Residential Direction Faces: North

  • Listing Price Information

    Listing Price: $5150000
    Original Price: $5000000
    Cash

  • Tax Information

    Parcel Number: 54434227040000030 Tax Lot: 2 LOTS Tax Year: 2025 Annual Tax: $85406 Tax Legal Desc: PALM BEACH SHORES LTS 3 & 4
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ByOwner last updated this listing 06/29/2026 @ 01:52

MLS: A11983791 LISTED BY: Jelena Grady, Trust Invest Real Estate Corp 844-414-4488 SOURCE: SEFMIAMI

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