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.