115 Inlet WAY Palm Beach Shores, FL 33404 Active

UPDATED: 06/04/2026 05:36 PM ON MARKET: 108 days on market

$5,150,000

0.50 Acres

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Palm Beach Shores

MLS Listing ID A11983791

HOA Y/N No

Annual Tax Amount $85,406

Tax Year 2025

Lot Size 0.500 Acres

Acres 0.5

Lot Dimensions 22000

Property Sub-Type Unimproved Land

Property Description

LAND DEVELOPMENT OPPORTUNITY - Huge upside through the New Development up to 10 VILLAS or T-Homes Development Options Based on Permitted Lot CoverageSite 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 dedicatedstorage, plus roof top with summer kitchen.2. Eight luxury each 2,400 SF. condominiums in an elegant two-story building, featuring secure basementparking, 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 basementparking, 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)


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All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed.