Development Opportunity Near
115 Inlet Way Palm Beach Shores, FL 33404
115 Inlet Way, Palm Beach Shores, FL, 33404
$5,150,000
For Sale
$5,150,000
LAND - Palm Beach Shores, FL
Lot Size0.50 Acres
Days on Market46
Property Features for 115 Inlet Way
General Information
- Property type
- Land
- Property subtype
- Other
- Vegetation
- Grassed
- Standard status
- Active
- APN
- 54434227040000030
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PALM BEACH SHORES LTS 3 & 4
- Tax Annual Amount
- 85406
Listing agency
Trust Invest Real Estate Corp
(844) 414-4488
Listed by
Jelena Grady · License #3124028
(305) 215-0036
Added: Jun 6 Updated: Jun 30 at 8:37PM Checked: Jul 21 at 6:06PM
MLS# A11983791
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property presents a land development opportunity for up to 10 villas or townhomes, based on permitted lot coverage. The site has a total square footage of 21,426 SF. The dwelling unit density is twenty-one (21) units per acre. Options include six luxurious exclusive 3,200 SF townhouses, each featuring a private pool, basement parking, dedicated storage, and a rooftop with a summer kitchen. Alternatively, the site could accommodate eight luxury 2,400 SF condominiums in an elegant two-story building, featuring secure basement parking, private gardens or rooftop terraces, and a community pool. A third option allows for ten luxury 1,900 +/- SF condominiums in an elegant two-story building, featuring secure basement parking, private gardens or rooftop terraces, and a community pool. The property is steps away from the beach and waterways. The current zoning allows for multifamily use. The building is class C and B and zoned for multifamily. This is a rare opportunity for a reputable developer, fund, or assets managing group to purchase a free and clear asset in Palm Beach Shores, where new developments are rising. The property is located in Palm Beach Shores, FL.
Key Highlights
- Land development opportunity for up to 10 villas or townhomes.
- Multiple development options: townhouses or condominiums.
- Permitted for multifamily use with a dwelling unit density of 21 units per acre.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
Similar For Sale Nearby
FAQs
What type of property is this?
Land - Land development opportunity for up to 10 villas or townhomes.
Where is this land located?
The property is located at 115 Inlet Way Palm Beach Shores, FL.
What is the asking price?
The asking price for this property is $5,150,000.
What are key features of this property?
This property features: Land development opportunity for up to 10 villas or townhomes.; Multiple development options: townhouses or condominiums.; Permitted for multifamily use with a dwelling unit density of 21 units per acre.
