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115 Inlet Way

Palm Beach Shores, FL 33404

– beds
– baths
9,368 sqft
$693 per sqft
1953 build
– on site

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 courtesy of MLSM / Trust Invest Real Estate Corp

Last checked: Checking… • Last updated Jan 21, 2025 •

MLS# A11620898 —

The Building

Year Built:

1953
Year Built Details:

Effective Year Built
Construction Materials:

Block
Builder Model:

Multifamily Airbnb
Architectural Style:

Fourplex
Stories:

2
Levels:

Two
Roof:

Other
Building Area Total:

12928.0

Interior

Flooring:

Concrete

Room Dimensions

Living Area:

9368.0

The Property

Parcel Number:

54434227040000030
Property Type:

ResidentialIncome
Property Subtype:

Quadruplex
Property Subtype Additional:

Quadruplex
Zoning Description:

Multifamily/land
Lot Features:

OversizedLot
Lot Size Units:

SquareFeet
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$87,550
Tax Legal Description:

CHANNEL HOUSE COND ALL OF COND

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

None
Heating:

false
Cooling:

None
Cooling:

false

Utilities

Utilities:

CableNotAvailable
Sewer:

PublicSewer

The Community

Subdivision Name:

Channel House Condo
Pool Features:

Heated, Pool

Parking

Parking Total:

15.0

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/18/25 Jan 18, 2025	Listed / Active	MLSM	$6,500,000

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This multifamily located in Palm Beach Shores Apartments, Palm Beach Shores, FL 33404 is currently for sale for $6,500,000. 115 Inlet Way is a 9,368 square foot multifamily with – beds and – baths that has been on Estately for 21 days. 115 Inlet Way is in the Palm Beach Shores Apartments neighborhood of Palm Beach Shores and has a WalkScore® of 33, making it car-dependent. This multifamily is in the attendance area of John F. Kennedy Middle School and Lincoln Elementary School.

Listing Courtesy of: MLSM and Trust Invest Real Estate Corp.

Based on information from the MLS MIAMI 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. MLSM, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. MLSM and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.