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: Inlet Way
  • City: Palm Beach Shores
  • State/county: Palm Beach County
  • Zip/Postal Code: 33404
  • Area: Channel House Condo, up to 11 units

Details

Updated on September 16, 2025 at 11:22 pm
  • Property ID A11620898
  • Price $6,800,000
  • Property Size 9368 Square Feet
  • Year Built 1953
  • Type Quadruplex
  • Property Status Residential Income

Additional details

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

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