Huge upside through updating and renovation into Luxury Airbnb Resort style (vacation units), steps away from the beach and waterways or through re-development & 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. Great potential for Airbnb / Vacation Rental, 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.
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.
Property Details
Price:
$6,750,000
MLS #:
A11620898
Status:
Active
Beds:
0
Baths:
0
Address:
115 Inlet Way
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
Channel House Condo,INN up to 11 units
City:
Palm Beach Shores
Listed Date:
Jul 9, 2024
State:
FL
Finished Sq Ft:
9,368
ZIP:
33404
Year Built:
1953
Units:
11
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Schools
Interior
Cooling
None
Flooring
Concrete
Heating
None
Exterior
Construction Materials
C B S Construction
Parking Spots
15
Roof
Other
Financial
Buyer Agent Compensation
2%%
Tax Year
2023
Taxes
$87,550
Map
Community
- Address115 Inlet Way Palm Beach Shores FL
- CityPalm Beach Shores
- CountyPalm Beach County
- Zip Code33404
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115 Inlet Way
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