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$6,500,000

  • For Sale
  • Active
  • Multi-Family
  • 11 Units
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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)

Full Property Details for 115 Inlet Way

General

  • Price: $6,500,000
  • Taxes: $87,550 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11620898
  • Updated: 10/21/2024
  • Added to Site: 136 day(s) ago

Rental Information

  • Rent Includes: Other Rent Incl

Interior

  • Interior Features: Stairs
  • Flooring: Concrete

Additional Information

  • Pool: Yes
  • Pool Description: Heated

Parking

  • Total Spaces: 15

Location

  • Area: Channel House Condo
  • County: Palm Beach County
  • Subdivision: Channel House Condo, up to 11 units
  • Building Name: Channel House Condo

Community

  • Community Name: Channel House Condo

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None

Utilities

  • Sewer: Public Sewer

Structural Information

  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Model: Multifamily Airbnb
  • Construction: CBS Construction
  • Roof: Other
  • Stories/Levels: 2
  • Building Size: 12928
  • Square Feet: 9,368
  • Living Area: 9,368 Sq. Ft.
  • Year Built: 1953

Lot Features

  • Lot Features: Oversized Lot
  • Zoning: Multifamily/land

Financial Considerations

  • Price Per Sq. Ft.: $693.85
  • Tax Amount: $87,550
  • Tax Year: 2023
  • Terms: All Cash, Owner Will Carry

Disclosures and Reports

  • Documents Avail.: Other Available Information, Service Contracts
  • Legal Description: CHANNEL HOUSE COND ALL OF COND
  • Property ID: 54434227040000030

Listed by Trust Invest Real Estate Corp

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— 115 Inlet Way —

  • Trust Invest Real Estate Corp

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 115 Inlet Way

School District:Palm Beach Schools
RatingNameGradesDistance
3
Lincoln Elementary School
1160 Avenue N, Riviera Beach, FL 33404
PK-52.4 mi
2
John F. Kennedy Middle School, Riviera Beach, FL
1901 Avenue S, Riviera Beach, FL 33404
6-83.1 mi
5
William T. Dwyer High School
13601 N Military Trl, Palm Bch Gdns, FL 33410
9-128.3 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 115 Inlet Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/21/2024
Price Reduced
$6,500,000
-3.7%
MLS
7/09/2024
Listed
$6,750,000
31.07%
MLS
2/08/2024
Sold
$5,150,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Trust Invest Real Estate Corp

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115 Inlet Way, Palm Beach Shores, FL 33404 (MLS# A11620898) is a Multi-Family property with 11 units containing 0 bedrooms and 0 full bathrooms. 115 Inlet Way is currently listed for $6,500,000 and was received on July 09, 2024. Want to learn more about 115 Inlet Way? Do you have questions about finding other Multi-Family real estate for sale in Palm Beach Shores? You can browse all Palm Beach Shores real estate or contact a Coldwell Banker agent to request more information.

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