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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

115 INLET WAY, PALM BEACH SHORES, FL 33404

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Multi Family - Channel House Condo for Sale

115 INLET WAY, PALM BEACH SHORES, FL 33404

Asking Price$6,800,000 Change Price$300,000

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  • Days on market:

    251 day(s)

  • Adjusted Area:

    9368 sqft

  • Original Price:

    $675,000

  • Price per sqft:

    $725.88

  • Tax Legal Description:

    CHANNEL HOUSE COND ALL OF COND

  • Tax Year:

    2023

  • Property Type:

    Multi Family

  • Style:

    Fourplex

  • Pool:

    Yes

  • Pool Features:

    Heated

  • Construction Type:

    Cbs ConstructionConcrete Block Construction

  • Roof:

    Other

  • Cooling Description:

    None

  • Heating Description:

    None

  • Floor Description:

    Concrete

  • Interior Features:

    Stairs

  • Lot Features:

    Oversized Lot

  • Type of Association:

    None

Description

$6,800,000 • living size area 9368 sqft • with pool

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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