115 Inlet Way, Palm Beach Shores FL 33404

For sale Days on market 548

Channel House Condo [ Quadruplex ]

$6,800,000

$726/sq ft

$6,125,000
Price Increased

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Overview

Year Built

1953

Sqft

9368

Property Type

Quadruplex

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)

Property Details

MLS#

A11620898

Total Floor in Bldg

Building

Channel House Condo

Address

115 Inlet Way

City

Palm Beach Shores

State/county

Zip/Postal Code

33404

Area

Channel House Condo,up To 11 Units

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$87,550

Maint Fee

$--

Tax Year

2023

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