201 Inlet Way, Palm Beach Shores, FL 33404
Palm Beach County
Key Facts
Description
Hotel License in place. Prime 10-Unit Beachside MultifamilyOffered for sale is La Doral, a rare 10-unit multifamily asset located in the heart of Palm Beach Shores on Singer Island, just steps from the Atlantic Ocean, Palm Beach Inlet, and Sailfish Marina.The property consists of eight one-bedroom/one-bath units and two two-bedroom/one-and-one-half-bath units.Constructed of CBS, the building features impact windows throughout and a concrete roof with a recently installed silicone coating system.Currently operated as a stabilized annual rental with long-term month-to-month tenants. A hotel license is in place.Units are separately metered for water and electric, and the property includes 17 on-site parking spaces.Offering memorandum and detailed financials available upon request.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Structure Type
Warehouse
Stories
2
Living Area
6,930 sq ft
Lot Size
0.22 acres
Zoning
B
Days on Market
148
MLS® Listing#
F10552347
Property Features
Cooling
Heating
Flooring
Construction
Roof
Sewer
Water Source
Financial Details
Parcel Number
54434227040000090
Directions
From Blue Heron Blvd, head east over the bridge to Singer Island. Turn right onto Lake Drive and continue as Lake Drive becomes Inlet Way. Property is located on the right at 201 Inlet Way.
Affordability Calculator
$919,000
Estimated monthly payment
$24,457/mo
Principal $3,676,000 · Est. interest $5,128,347 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Palm Beach Shores, FL
- $476,175
- Median Listing Price
- 116
- Median Days on Market
- 1,457
- Median Sq Ft
- $364
- Median Price / Sq Ft
- 31,378
- Active Listings
- This home’s price is 865% above the area median.
- Its price per sq ft is 82% 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 · 1.5 mi away
Inlet Grove Community High School
Secondary · 2.0 mi away
Lake Park Elementary School
Elementary · 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
Northboro Elementary School
Elementary · 2.1 mi away
West Riviera Elementary School
Elementary · 2.2 mi away
Potentials Charter School
Elementary · 2.2 mi away
Palm Beach County School District
Elementary · 2.3 mi away
Lincoln Elementary School
Elementary · 2.3 mi away
Coastal Middle & Senior High School
Secondary · 2.4 mi away
Baldwin Prep School
Elementary · 2.4 mi away
Twiggs Academy
School · 2.5 mi away
Lake Park Baptist School
Secondary · 2.5 mi away
Palm Beach Regional Detention Center
School · 2.6 mi away
Highridge Family Center
School · 2.7 mi away
R J Hendley Christian Community School
School · 2.8 mi away
Kids-R-Kreative Learning Center
School · 2.8 mi away
Suncoast Community High School
Secondary · 2.9 mi away
John F. Kennedy Middle School
Secondary · 2.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 27 Admiralty UNIT 201, Inlet Beach, FL | $3,225,000 | 2 | 2 | 1,835 |
| 1212 S Riverside Drive, New Smyrna Beach, FL | $3,230,000 | 4 | 4 | 4,653 |
| 1212 S RIVERSIDE DRIVE, NEW SMYRNA BEACH, FL | $3,230,000 | 5 | 4 | 4,653 |
| 17001 Collins Ave 3808, Sunny Isles Beach, FL | $3,240,000 | 4 | 5 | 2,394 |
| 5 Bayshore Drive, Miramar Beach, FL | $3,244,000 | 5 | 6 | 3,801 |
| 42 MIDWAY ISLAND, CLEARWATER BEACH, FL | $3,245,000 | 4 | 4 | 4,944 |
Moving Cost Estimate
EXIT Agents in Palm Beach Shores
Listing Courtesy: Better Homes & Gdns RE Fla 1st - 9545252200
The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.