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115 Inlet Way, Palm Beach Shores FL 33404

Multi-family For Sale
$6,500,000

BTC: 65.35948370

ETH: 1,900.58479532

135 days
0 room(s)
9,368 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

NEW DEVELOPMENT OPPORTUNITY - Huge upside through the New Development up to 10 VILLAS or T-Homes of 2500-3000 sq feet, steps away from the beach and waterways & filling up highest and best use. Huge lot of 22,000 sq feet Two current Buildings of two floors under renovation. 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. (NOTE: some photos are renderings)

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1953
Lot:
No Data
Heating:
None
Price/sqft:
$694
Cooling:
None
HOA:
No Data
All facts and features
  • Flooring

    • Concrete

    Heating

    • None

    Cooling

    • None

    Other interior features

    • Stairs

  • Other Property Information

    • Parcel Number: 54434227040000030

    • Zoning: Multifamily/land

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $87,550

  • Source details

    • MLS ID: A11620898

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Oversized Lot

    • Pool Features: Heated

    • Living Area: 9368

    • Subdivision Name: Channel House Condo,up to 11 units

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Trust Invest Real Estate Corp