Unimproved Land in 115 Inlet Way, Palm Beach Shores, FL 33404 for sale with MLS# A12079363
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)
115 Inlet Way, Palm Beach Shores, FL 33404
- Price:
- $5,150,000.00
- Original List Price:
- $5,150,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $236.45
- List Price per Sq Ft (Calculated, Approx.):
- $238.75
- Listing Type:
- For Sale
- Status:
- Pending (An offer has been accepted)
- Listing Category:
- Land & Docks
- Property Type:
- Unimproved Land
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- August 31, 2026 4:34 pm
- Lot Area:
- 21,571 Sqft
- Lot Size Dimensions and Info:
- 22000
- Additional Parcels
- Lot Features:
- Oversized Lot, Street Lights
- Lot Size Acres:
- 0.5
- Number of Lots:
- 2
- Waterfront:
- No
- Current Use:
- Residential, Check Land Use Plan
- Property Entrance Faces:
- North
- Road Responsibility:
- Public Maintained Road
- Road Frontage Type:
- Easement
- Flood Zone Code:
- X
- Tax Annual Amount:
- $85,406.00
- Tax Year:
- 2025
- Subdivision Name:
- PALM BEACH SHORES
- Senior Community:
- No
- Development Name:
- LAND
- Development Status:
- Raw Land
- Listing Terms Considered by Seller:
- Cash
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- PALM BEACH SHORES LTS 3 & 4
- Real Estate Folio Number (Parcel Number):
- 54434227040000030
- Zoning:
- Multi-Family Resid
- Elementary School:
- Aventura Waterways K-8
- High School:
- William T. Dwyer
- Middle Or Junior School:
- John F. Kennedy (palm Beach)
- Active on the market since:
- August 28, 2026
- Listing Agreement executed on:
- August 28, 2026
- Purchase Contract Date:
- August 31, 2026
- Listing Status Last Changed On:
- August 31, 2026 4:34 pm
- Photos updated on:
- August 31, 2026 4:37 pm
- Last Modified:
- August 31, 2026 4:38 pm
- Courtesy of:
- Trust Invest Real Estate Corp
- Attribution:
- Not provided
- Road Surface Type:
- Paved
- Street Name:
- Inlet
- Street Number:
- 115
- City:
- Palm Beach Shores
- State:
- Florida
- Zip Code:
- 33404
- County:
- Palm Beach
- Latitude:
- N26° 46' 29.6''
- Longitude:
- W81° 57' 57.1''
- Street Suffix:
- Way

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