115 Inlet Way, Palm Beach Shores, FL 33404
PALM BEACH SHORES · Palm Beach County
Key Facts
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)
Property Information
Property Type
Land
Lot Size
0.50 acres
Days on Market
57
MLS® Listing#
A11983791
Property Features
Financial Details
Annual Taxes
$85,406
Tax year 2025
Parcel Number
54434227040000030
Affordability Calculator
$1,030,000
Estimated monthly payment
$27,410/mo
Principal $4,120,000 · Est. interest $5,747,767 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Palm Beach Shores, FL
- $475,759
- Median Listing Price
- 110
- Median Days on Market
- 1,476
- Median Sq Ft
- $354
- Median Price / Sq Ft
- 31,390
- Active Listings
- This home’s price is 982% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Palm Beach Shores, FL.
Location
Points of Interest in Palm Beach Shores, FL
Showing the Palm Beach Shores area map.
Nearby Schools
Riviera Beach Maritime Academy
School · 1.6 mi away
Inlet Grove Community High School
Secondary · 2.1 mi away
CSB Media Arts Center North Palm Beach, Fl
Secondary · 2.1 mi away
Palm Beach Code School
School · 2.1 mi away
Lake Park Elementary School
Elementary · 2.1 mi away
Northboro Elementary School
Elementary · 2.2 mi away
West Riviera Elementary School
Elementary · 2.3 mi away
Potentials Charter School
Elementary · 2.3 mi away
Palm Beach County School District
Elementary · 2.4 mi away
Lincoln Elementary School
Elementary · 2.4 mi away
Coastal Middle & Senior High School
Secondary · 2.4 mi away
Baldwin Prep School
Elementary · 2.5 mi away
Lake Park Baptist School
Secondary · 2.6 mi away
Twiggs Academy
School · 2.6 mi away
Palm Beach Regional Detention Center
School · 2.6 mi away
Highridge Family Center
School · 2.8 mi away
R J Hendley Christian Community School
School · 2.8 mi away
Kids-R-Kreative Learning Center
School · 2.8 mi away
The Conservatory School
School · 3.0 mi away
Suncoast Community High School
Secondary · 3.0 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4984 Calienta Street, Hernando Beach, FL | $3,625,000 | — | 4 | 6,500 |
| 4984 CALIENTA STREET, HERNANDO BEACH, FL | $3,625,000 | — | — | 6,500 |
| 17875 Collins Ave 3305, Sunny Isles Beach, FL | $3,625,000 | 3 | 3 | 2,214 |
| 2660 Riverview Court, Vero Beach, FL | $3,634,900 | 5 | 6 | 4,627 |
| 2660 Riverview Court, Vero Beach, FL | $3,634,900 | 5 | 6 | 4,627 |
| 2660 Riverview Court, Vero Beach, FL | $3,634,900 | 5 | 6 | 4,627 |
Moving Cost Estimate
EXIT Agents in Palm Beach Shores
Listing Courtesy: Trust Invest Real Estate Corp - 8444144488
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