Description

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

Address

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Address: Inlet Way
City: Palm Beach Shores
State/county: Palm Beach County
Zip/Postal Code: 33404
Area: PALM BEACH SHORES, LAND

Details

Updated on March 17, 2026 at 2:25 am

Property ID A11983791
Price $5,000,000
Land Area 0.5 Square Feet
Type Residential
Property Status Land/Boat Docks

Additional details

AdditionalParcelsYN 1
BuildingAreaUnits Square Feet
BuildingName PALM BEACH SHORES
ContractStatusChangeDate 2026-03-16
CurrentUse Multi-Family, Check Land Use Plan
DaysOnMarket 0
DevelopmentStatus Undeveloped
DirectionFaces North
ExpirationDate 2026-07-31
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-215-0036
ListingTerms All Cash
LotFeatures Oversized Lot, Sprinklers, Street Lights
LotSizeSquareFeet 21571
MLSAreaMajor Palm Beach Shores
MajorChangeTimestamp March 16, 2026 at 07:01pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp March 17, 2026 at 12:00am
OnMarketDate 2026-03-16
OriginalEntryTimestamp March 16, 2026 at 07:01pm
OriginalListPrice 5000000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
OtherStructures None
ParcelNumber 54434227040000030
PhotosChangeTimestamp March 16, 2026 at 07:04pm
PhotosCount 9
PostalCodePlus4 6213
PriceChangeTimestamp March 16, 2026 at 07:01pm
PublicSurveyRange 54
PublicSurveySection 27
PublicSurveyTownship 54
RoadFrontageType Legal Access Road, City/County Maintained, Paved Road
RoadResponsibility Public Maintained Road
RoadSurfaceType Paved Road, Paved
ShowingContactType Agent
ShowingInstructions Call Listing Agent, Go Directly
SourceSystemKey 442691640
StateOrProvince FL
StatusChangeTimestamp March 16, 2026 at 07:01pm
StreetName Inlet Way
StreetNumber 115
StreetNumberNumeric 115
StructureType Residential
SyndicationRemarks LAND DEVELOPMENT OPPORTUNITY - Huge upside through the New Development up to 10 VILLAS or T-Homes Development Options Based on Permitted Lot Coverage Site 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 dedicated storage, plus roof top with summer kitchen. 2. Eight luxury each 2, 400 SF. condominiums in an elegant two-story building, featuring secure basement parking, private gardens or rooftop terraces, and a community pool. 3. Ten luxury each 1, 900 +/- SF. condominiums in an elegant two-story building, featuring secure basement parking, 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)
TaxAnnualAmount 85406
TaxLegalDescription PALM BEACH SHORES LTS 3 & 4
TaxLot 2 LOTS
TaxYear 2025
Vegetation No Trees, Grass/Pasture
View None
Zoning Multi-Family Resid