$6,800,000
$6M PRICE INCREASE

115 Inlet Way Palm Beach Shores, FL 33404

Estimated payment $43,206/month

Total Views 6,889
-- Bed
-- Bath
9,368 Sq Ft
$726 Price per Sq Ft

Highlights

  • Heated Pool
  • No HOA
  • Concrete Flooring
  • William T. Dwyer High School Rated A-
  • Oversized Lot
  • No Heating

About This Home

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)

Listing Agent

Elena Grady

Trust Invest Real Estate Corp License #3124028 Listed on: 07/09/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $87,550

Year Built

  • Built in 1953

Lot Details

  • Oversized Lot

Parking

  • 15 Parking Spaces

Home Design

  • Quadruplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 9,368 Sq Ft Home
  • 2-Story Property
  • Concrete Flooring

Pool

  • Heated Pool
  • Outdoor Pool

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • 11 Units
  • Channel House Condo
  • Channel House Condo,Up To 11 Units Subdivision, Multifamily Airbnb Floorplan

Listing and Financial Details

  • Assessor Parcel Number 54434227040000030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$87,550

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1953
  • Property Sub Type: Quadruplex
  • Horses: No
  • Master Model: Multifamily Airbnb
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: Channel House Condo,up to 11 units
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Flooring: Concrete
  • Living Area: 9368
  • Stories: 2

Exterior Features

  • Roof: Other
  • Construction Type: CBS Construction
  • Lot Features: Oversized Lot
  • Pool Features: Heated
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Channel House Condo
  • Total Parking Spaces: 15

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 54434227040000030
  • Zoning: Multifamily/land
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 87550

Multi Family

  • Number Of Units Total: 11

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Price Changed $6,800,000 +4.6% $726 / Sq Ft
10/21/2024 10/21/24 Price Changed $6,500,000 +863.0% $694 / Sq Ft
07/09/2024 07/09/24 For Sale $675,000 -- $72 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11620898

MIAMI REALTORS® MLS

APN: 54-43-42-27-04-000-0030

Florida Palm Beach County Palm Beach Shores 33404

115 Inlet Way, Palm Beach Shores, FL

This home is located at 115 Inlet Way, Palm Beach Shores, FL 33404 and is currently priced at $6,800,000, approximately $725 per square foot. This property was built in 1953. 115 Inlet Way is a home located in Palm Beach County with nearby schools including Lincoln Elementary School, William T. Dwyer High School, and John F. Kennedy Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Elena Grady
Listing Agent
Elena Grady
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Trust Invest Real Estate Corp
(561) 834-4101