NEW DEVELOPMENT OPPORTUNITY - Huge upside through the New Development up to 10 VILLAS or T-Homes of 2500-3000 sq feet, steps away from the beach and waterways & filling up highest and best use. Huge lot of 22,000 sq feet Two current Buildings of two floors under renovation. 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. (NOTE: some photos are renderings)
Trust Invest Real Estate Corp
Features & Details
Learn about the features and details of 115 Inlet Way
Property Details
Property Type
Quadruplex
Living Area
9,368 sqft
Year Built
1953
Lot Size
-
Stories
-
Annual Tax
$87,550.00
List Date
7/9/2024
Updated
6/7/2025
Last Checked
Recent
MLS Number
#A11620898
Brokerage
Trust Invest Real Estate Corp
Postal Code
33404
Area
Palm Beach
City
West Palm Beach
Additional Property Features
Occupancy
CallAgent
List Price
$6,800,000.00
Unit Number
-
Construction
Block
Heating
None
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
None
Elevator
No
Locker
No
Swimming Pool
Heated,Pool
Patio
No
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2023
Assignment
No
Extras Included
None
Inside
Bedrooms & Baths
0 Bed, 0 Bath
Ensuite
Yes
Bathrooms
0
Flooring
Mixed
Show More Features
Price history
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Real estate trends
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Mortgage Calculator
Estimate monthly payments for 115 Inlet Way
20.5%100%
30 Years
Estimated Monthly Payment
$27,391
Cash Flow Analysis
Mortgage Payment:
$27,391
Monthly Payment:
$34,686.83
Break Even Down Payment:
100%
Cash Flow
$0
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Discover this beautiful quadruplex in the heart of Palm Beach Shores, West Palm Beach. This well-appointed property offers 9,368 square feet of living space. Originally built in 1953. Offered at $6,800,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.