115 Inlet Way, Palm Beach Shores, FL 33404 (MLS# A12079363)

115 Inlet Way, Palm Beach Shores, FL 33404

$5,150,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12079363

Property Type: Land & Docks Lot Size (sq. ft.): 21,571 Status: Pending

Current Price: $5,150,000 List Date: 8/28/2026 Last Modified: 10/31/2026

Overview

Description

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 d ... (Read more)

Listing Details MLS# A12079363

General Property Information

Property Sub Type: Unimproved Land
Number Of Lots: 2
Lot Size Acres: 0.5
Lot Size Square Feet: 21571
Lot Size Dimensions: 22000
Additional Parcels YN: Yes
Direction Faces: North
LP/SqFt: 238.75

Property Features

Current Use: Check Land Use Plan; Residential Development Status: Raw Land Other Structures: None Possession: Close Of Escrow Trees: None Vegetation: Grassed Listing Terms: Cash Lot Features: Oversized Lot; Street Lights Road Frontage Type: Easement Road Responsibility: Public Maintained Road Road Surface Type: Paved Water Access: None Showing Requirements: Call Listing Agent; No Appointment Contingencies: Other

Contract Information

Comp Sale YN: No
Original List Price: 5150000
LP/Acre: 10300000

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 115
Street Name: Inlet
Street Suffix: Way
City Name: Palm Beach Shores
Municipal Code: 54
State Or Province: FL
Postal Code: 33404
Postal Code +4: 6213
Postal Zip: 33404
Subdivision Name: PALM BEACH SHORES
Development Name: LAND
Area: 5240
Geographic Area: PB33
Elementary School: Lincoln
Middle Or Junior School: John F. Kennedy (Palm Beach)
High School: William T. Dwyer
Parcel Number: 54434227040000030
Lot/Track Number: 2 LOTS
Subdivision Number: 4
Zoning: Multi-Family Resid
Flood Zone: X

Financial Information

Tax Year: 2025
Tax Annual Amount: 85406
Tax Legal Description: PALM BEACH SHORES LTS 3 & 4

Status Change Information

Major Change Timestamp: 2026-08-31T16:34:30Z
Major Change Type: Status Change
Status Change Date: 2026-08-31
Under Contract Date: 2026-08-31

More Information

Price Calculations

Current Price To SqFt: 236.45

Section Details

Parcel Number MLX: 0030

Originating Details

Originating System Key: 560405446
Originating System ID: M00000151

Listing Office: Trust Invest Real Estate Corp

Last Updated: October - 31 - 2026

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