115 Inlet Way
Description
Rare opportunity for a reputable developer, fund, assets managing group to purchase an free and clear asset in Palm Beach Shores, new...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)
- Listed by Jelena Grady • Trust Invest Real Estate Corp
Property Details for 115 Inlet Way
Property Details for 115 Inlet Way
| Status | Active |
|---|---|
| MLS # | A11620898 |
| Days on Market | 167 |
| Taxes | $87,550 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family Income / Fourplex |
| Year Built | 1953 |
| Lot Size | 0.51 AC / 22,000 SF |
| County | Palm Beach County |
Building Information for 115 Inlet Way
Property Information for 115 Inlet Way
- Parcel Number Free Text: 54434227040000030
- Parcel Number MLX: 0000
- MLS Area: 5240
- Model Name: Multifamily Airbnb
- Municipal Code: 54
- Township Range: 54
- Section: 35
- Subdivision Number: 13
- Subdivision Complex Bldg: Channel House Condo
- Condo Model Name: Multifamily Airbnb
- Unit Count: 0
- Zoning Information: Multifamily/land
- Development Name: up to 11 units
- Num Parking Spaces: 15
- Property Type Information: Stairs
- Approximate Lot Size: 22000
- Lot Description: Oversized Lot
- Pool: Yes
- Pool Description: Heated
- Construction: Concrete Block Construction, CBS Construction
- Construction Type: Concrete Block Construction, CBS Construction
- Roof Description: Other Roof
- Flooring: Concrete Floors
- Floor Description: Concrete Floors
- Heating Description: No Heat
- Cooling Description: No Cooling
- Sewer Description: Municipal Sewer
- Separate Meter: No
- Cable Available: No
- Guest Accommodations: No
- Rent Includes: Other Rent Incl
- Total Mortgage: $3,000,000
- Type of Association: None
- Flood Zone: X
- Tax Year: 2023
- Tax Information: Tax Reflects City & County Tax
- Information Available: Other Available Information, Service Contracts
Property History for 115 Inlet Way
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 115 Inlet Way
Schools near 115 Inlet Way
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Lincoln Elementary School PublicPK to 5 | ||
John F. Kennedy Middle School Public6 to 8 | ||
William T. Dwyer High School Public9 to 12 | ||
Inlet Grove Community High School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Trust Invest Real Estate Corp
Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
