Palm Beach Shores, FL 33404,115 Inlet Way
Palm Beach Shores, FL 33404,115 Inlet Way
Palm Beach Shores, FL 33404,115 Inlet Way
60
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$6,500,000
Est. payment /mo
9,368 SqFt
Price Dropped by $250K

115 Inlet Way Palm Beach Shores, FL 33404

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UPDATED:

10/21/2024 09:49 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 9,368 sqft

Price per Sqft $693

Subdivision Channel House Condo

MLS Listing ID A11620898

Style Fourplex

Construction Status Effective Year Built

HOA Y/N No

Year Built 1953

Annual Tax Amount $87,550

Tax Year 2023

Property Description

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

State FL

County Palm Beach

Community Channel House Condo

Area 5240

Interior

Heating None

Cooling None

Flooring Concrete

Exterior

Pool Heated, Pool

Utilities Available Cable Not Available

Waterfront No

Roof Type Other

Total Parking Spaces 15

Building

Lot Description Oversized Lot

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Construction Status Effective Year Built

Others

Tax ID 54434227040000030

Acceptable Financing Cash, Owner May Carry

Listing Terms Cash, Owner May Carry


Listed by Trust Invest Real Estate Corp

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Kathy Zaldivar

Agent | License ID: 3562479

+1(954) 654-8435

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115 Inlet Way