115 Inlet Way, Palm Beach Shores FL 33404 | Palm Beach County | A11620898
- $6,800,000
115 Inlet Way, Palm Beach Shores FL 33404 | Palm Beach County | A11620898
- $6,800,000
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)
Address
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Address: Inlet Way
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City: Palm Beach Shores
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State/county: Palm Beach County
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Zip/Postal Code: 33404
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Area: Channel House Condo, up to 11 units
Details
Updated on September 16, 2025 at 11:22 pm-
Property ID A11620898
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Price $6,800,000
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Property Size 9368 Square Feet
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Year Built 1953
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Type Quadruplex
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Property Status Residential Income
Additional details
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BuilderModel Multifamily Airbnb
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BuildingAreaTotal 12928
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BuildingAreaUnits Square Feet
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BuildingName Channel House Condo
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ConstructionMaterials Concrete Block Construction, CBS Construction
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ContractStatusChangeDate 2024-07-09
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Cooling None
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DaysOnMarket 251
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DocumentsAvailable Other Available Information, Service Contracts
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Flooring Concrete
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Heating None
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetConsumerCommentYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 305-215-0036
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ListAgentEmail trustinvest@live.com
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ListAgentFullName Jelena Grady
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ListAgentKey 44b6e714e0c6a7fe68ea091e52e61e2f
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ListAgentMlsId 3124028
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ListAgentOfficePhone 844-414-4488
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ListAgentStateLicense 3124028
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ListOfficeFax 954-416-6260
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ListOfficeKey 8df2a71709c382d69134c37e1ca1b72e
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ListOfficeMlsId BRTR01
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ListOfficeName Trust Invest Real Estate Corp
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ListOfficePhone 844-414-4488
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ListOfficeURL https://panorama.homestyler.com/v2?m=p&id=dyDEFS52JaLaEuUewHyRw9&locale=ru_RU
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ListingAgreement Exclusive Right To Sell
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ListingContractDate 2024-07-09
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ListingKey 2d6495f6254b51b5ad0ad6dc7ed54138
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ListingTerms All Cash, Owner Will Carry
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LotFeatures Oversized Lot
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LotSizeSquareFeet 0
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MLSAreaMajor Channel House Condo
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MajorChangeTimestamp March 17, 2025 at 08:49pm
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MajorChangeType Price Increase
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MlsStatus Active
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Model Multifamily Airbnb
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ModificationTimestamp March 17, 2025 at 08:49pm
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NumberOfUnitsInCommunity 0
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NumberOfUnitsTotal 11
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OnMarketDate 2024-07-09
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OriginalEntryTimestamp July 9, 2024 at 09:24pm
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OriginalListPrice 675000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 54434227040000030
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ParkingTotal 15
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PhotosChangeTimestamp July 15, 2024 at 08:27pm
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PhotosCount 60
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PoolFeatures Heated
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PostalCodePlus4 6213
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PreviousListPrice 6500000
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PriceChangeTimestamp March 17, 2025 at 08:49pm
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PublicSurveyRange 54
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PublicSurveySection 35
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PublicSurveyTownship 54
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RentIncludes Other Rent Incl
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Roof Other
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Sewer Public Sewer
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ShowingInstructions 24 Hour Notice, Appointment Only
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SourceSystemKey 398167085
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StateOrProvince FL
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StatusChangeTimestamp July 9, 2024 at 09:24pm
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Stories 2
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StoriesTotal 2
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StreetName Inlet Way
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StreetNumber 115
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StreetNumberNumeric 115
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StructureType Quadruplex, Fourplex
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SyndicationRemarks 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)
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TaxAnnualAmount 87550
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TaxLegalDescription CHANNEL HOUSE COND ALL OF COND
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TaxYear 2023
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YearBuiltDetails Effective Year Built
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Zoning Multifamily/land
Features
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