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115 Inlet Way

Palm Beach Shores, FL

Listing Details

  • $5,000,000
  • MLS# A11983791
  • Type Land - Residential
  • Status Active
  • 0.500 acres
    Lot Size

Description

LAND DEVELOPMENT OPPORTUNITY - Huge upside through the New Development up to 10 VILLAS or T-Homes Development Options Based on Permitted Lot CoverageSite 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 dedicatedstorage, plus roof top with summer kitchen.2. Eight luxury each 2,400 SF. condominiums in an elegant two-story building, featuring secure basementparking, private gardens or rooftop terraces, and a community pool.3. Ten luxury each 1,900 +/- SF. condominiums... Read more in an elegant two-story building, featuring secure basementparking, 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)

Key Features

No amenity information available.

View All Features
115 Inlet Way
Palm Beach Shores, FL 33404
Subdivision
PALM BEACH SHORESLAND
County
Palm Beach

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Land - Residential
  • Crops Included Y/N: No
  • Days on Site: 50
  • Home Warranty Y/N: No
  • Lease Considered Y/N: No
  • Listing Terms: All Cash
  • Lot Description: Oversized Lot, Sprinklers, Street Lights
  • Lot Size: 0.50 Acres
  • Parcel#: 54434227040000030
  • Property Attached Y/N: No
  • Property Sub-Type: Residential
  • Special View Info: None
  • Taxes: $85,406