115 Inlet Way - Residential LAND FOR SALE


Palm Beach Shores, FL 33404 21,562 SF
$5,000,000 USD
305-215-0036
115 Inlet Way, Palm Beach Shores, FL for Sale
$5,000,000 USD
Residential LAND - FOR SALE
1/9
21,562 SF

115 Inlet Way
Palm Beach Shores, FL 33404


HIGHLIGHTS

  • Strategic Development Position
  • Limited land supply
  • Luxury migration to South Florida

OVERVIEW

Prime Development Opportunity 115 Inlet Way – Palm Beach Shores, Florida Property Highlights • ±21,780 SF (0.50 acres) – combined lots • Zoned Multi-Family Residential (District B) • Up to 21 units per acre density • Approx. 19,000+ buildable SF (2-story) • Ideal for luxury townhomes, villas, or boutique residences A rare opportunity to acquire a ±0.50-acre development site in the highly sought-after coastal enclave of Palm Beach Shores, located at the southern tip of Singer Island. Positioned just moments from the Atlantic Ocean and the Palm Beach Inlet, this property offers the ideal balance of coastal lifestyle, accessibility, and protected inland positioning—making it especially attractive for luxury residential development.” 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) Investment Positioning Located within one of the fastest-growing wealth markets in the United States, Palm Beach Shores benefits from: • significant migration of high-net-worth individuals • strong luxury real estate demand • limited supply of developable land • increasing value of boutique residential projects This offering presents an opportunity to deliver a highly desirable product in a supply-constrained, high-demand coastal market. Development Opportunity Palm Beach Shores is a land-constrained market with strict zoning and limited new development opportunities. This makes available sites exceptionally rare and highly valuable. The property is ideally suited for a boutique luxury residential project, including: • luxury townhomes or villas • low-density residential development • second-home / seasonal ownership product The area’s demographics—comprised largely of affluent seasonal residents and second-home buyers—create strong demand for low-maintenance, high-end coastal living.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/ACRE

$10,101,867/AC

PRICE/SF

$232 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Land Development opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Condo, Hold for Development, Hold for Investment

LAND ACRES

0.49 AC

LAND SF

21,560 SF

OFFSITE IMPROVEMENTS

Water

ZONING

Multi-Family & Hotel "B"

APN/PARCEL ID

54-43-42-27-04-000-0030

ASK ABOUT THIS PROPERTY

Elena GradyTrust Invest Real Estate CorpMore Info
305-215-0036

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Elena GradyTrust Invest Real Estate CorpMore Info
305-215-0036

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.