115 Inlet Way Palm Beach Shores, FL $ 5,000,000
115 Inlet Way
$ 5,000,000
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115 Inlet Way

Palm Beach Shores, FL, 33404
$ 5,000,000
Baths0.0

Monthly Estimate*

$ 30,786

115 Inlet Way, Palm Beach Shores, FL 33404 - Image 1
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Studio

Lots and Land for sale in Palm Beach Shores, FL

for $5,000,000. The lot size is 0.5.

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)

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Lots and Land Active

Price

$ 5,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 85,406

Style

Lot Size

0.5

Town/City

Palm Beach Shores

County/Region

Palm Beach

MLS | Web ID

A11983791

Features
General
Possession Close Of Escrow
Development Status Raw Land
Property Subtype Residential
Tax Year 2025
County Palm Beach
Property Type Land
Subdivision Name PALM BEACH SHORES
Facing Direction North
Building Features Not Applicable
Status Active
City Palm Beach Shores
Zoning Description Multi-Family Resid
MLS Area 5240
Lot Size Units Square Feet
Lot Size Square Feet 21571
Listing Terms Cash
Tax Annual Amount 85406
MLS Area Minor Palm Beach 5730; 5740; 5760; 5770; 5790
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11983791
Standard Status Active
Occupancy Type Vacant
Tax Lot 2 LOTS
Property Sub Type Additional Residential
Legal Description PALM BEACH SHORES LTS 3 & 4
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Interior
Total Baths 0
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Exterior
Vegetation Grassed
Lot Features Oversized Lot
Lot Size Area 21571
Lot Size Acres 0.5
Road Surface Type Paved
Waterfront Y/N false
Covered Spaces 0
Number of Lots 2
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Trust Invest Real Estate Corp

Broker

trustinvest@live.com

Email

Affordability Calculator

$37,903
Per Month
81%
19%
0%
Monthly Principal & Interest
$30,786
Monthly Property Taxes
$7,117
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/16/2026$5,000,000 Listed Price

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115 Inlet Way, Palm Beach Shores, FL, 33404 is a Lots and Land for sale at $5,000,000 with a lot size of 0.5. 115 Inlet Way is a studio with 0.0 baths. The property's zip code is 33404 which is in Palm Beach Shores, FL