Basic Information

  • Type Quadruplex
  • Status Active
  • Subdivision/Complex Channel House Condo
  • Year Built 1953
  • Total Sqft 9,368
  • Date Listed 07/09/2024
  • Days on Market 303
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)

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool Yes
  • Construction Type Block
  • Parking Description
  • Roof Description Other
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 9,368Sq.Ft
  • Cooling Description None
  • Floor Description Concrete
  • Heating Description None
  • Sqft 9,368 Sq.Ft

Property Features

  • Address 115 Inlet Way
  • Aprox. Lot Size 12,928
  • Architectural Style Fourplex
  • City Palm Beach Shores
  • Construction Materials Block
  • County Palm Beach
  • Furnished Info no
  • Levels Two
  • Listing Terms Cash, Owner May Carry
  • Lot Features Oversized Lot
  • Occupant Type Call Agent
  • Pool Features Heated, Pool
  • Possession Close Of Escrow
  • Postal City Palm Beach Shores
  • Public Survey Section Two
  • Public Survey Township 54
  • Roof Other
  • Sewer Description Public Sewer
  • Stories 2
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Channel House Condo
  • Tax Amount $87,550
  • Tax Legal desc C H A N N E L H O U S E C O N D A L L O F C O N D
  • Tax Year 2023
  • Terms Considered Cash, Owner May Carry
  • Type of Property Quadruplex
  • Year Built Details Effective Year Built

115 Inlet Way

Palm Beach Shores, FL 33404

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Trust Invest Real Estate Corp. tel: 844-414-4488

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