Palm Beach Shores, FL Land For Sale

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Palm Beach Shores Residential, 115 Inlet Way, Palm Beach Shores, Florida 33404, image 1
$5,000,000
  • 0.5 Acres
  • $10,000,000/Acre
Mid-Tier
Land for sale in Palm Beach Shores Residential
115 Inlet Way, Palm Beach Shores, FL 33404
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 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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Palm Beach Shores, FL Snapshot
24
Active Inventory
1
New Listings
$299K to $5.6M
Price Tier
6
Pending Sales
$975K
Median Closed Price
26
Avg. Days On Market
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