Residential in 115 Inlet Way Palm Beach Shores for sale with MLS# A11983791

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)

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115 Inlet Way, Palm Beach Shores, FL 33404

Price
Price:
$5,000,000.00
Original List Price:
$5,000,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land
Property Type:
Residential
MLS Number:
A11983791
Description of Last Important Update:
New Listing
Last Major Update on:
March 16, 2026 3:01 pm
Measures
Lot Area:
21,571 Sqft
Lot Size Unit:
Square Feet
Lot Features:
Oversized Lot
Lot Size Acres:
0.5
Number of Lots:
2
Property Features
Waterfront:
No
Building:
Not Applicable
Vegetation and Trees:
Grassed
Property Entrance Faces:
North
Road Responsibility:
Public Maintained Road
Water Access Description:
None
Taxes and Expenses
Tax Annual Amount:
$85,406.00
Tax Year:
2025
Parking
Covered Spaces:
0
Community
Subdivision Name:
PALM BEACH SHORES
Senior Community:
No
Development Name:
LAND
Development Status:
Raw Land
Terms
Listing Terms Considered by Seller:
Cash
Occupant Type:
Vacant
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
PALM BEACH SHORES LTS 3 & 4
Real Estate Folio Number (Parcel Number):
54434227040000030
Zoning Description:
Multi-Family Resid
Listing History
Originally published on:
March 16, 2026 3:01 pm
Active on the market since:
March 16, 2026
Price change occurred on:
March 16, 2026 3:01 pm
Listing Status Last Changed On:
March 16, 2026 3:01 pm
Photos updated on:
March 16, 2026 7:28 pm
Last Modified:
March 17, 2026 12:01 am
Additional Information
Flood Zone:
X
Municipal Code:
54
Subdivision Number:
4
Courtesy of:
Trust Invest Real Estate Corp
Attribution:
Not provided
Road Surface Type:
Paved
Location
Street Name:
Inlet Way
Street Number:
115
City:
Palm Beach Shores
State:
Florida
Zip Code:
33404
County:
Palm Beach
Latitude:
N26° 46' 28.9''
Longitude:
W81° 57' 58.5''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $60,225
Median Home Value $305,600
Median Rent $1,507/mo
Median Age 41
Population 30,533

Air Quality

Source: AirNow.gov · West Palm Beach

🌬️ Air Quality Index (AQI) 42 Good
☀️ O3 42 Good
🫁 PM2.5 25 Good
💨 PM10 12 Good

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Association of REALTORS®
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