115 INLET WAY #11, Palm Beach Shores
$6,800,000 USD
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| Address | 115 INLET WAY #11, Palm Beach Shores |
| Building Name | Channel House Condo |
| Type of Property | Quadruplex |
| Property Style | Quadruplex |
| Price | $6,800,000 |
| Previous Price | $6,500,000 (86 days ago) |
| Property Status | Active |
| MLS Number | A11620898 |
| Living Area | 9368 |
| Year Built | 1953 |
| Parking Space Number | 15 |
| Folio Number | 54434227040000030 |
| Zoning Information | MULTIFAMILY/LAND |
| Days on Market | 337 |
Detailed Description: 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 and 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)
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Address Information
| State | Florida |
| City | Palm Beach Shores |
| County | Palm Beach County |
| Zip Code | 33404 |
| Address | 115 INLET WAY |
| Section | 35 |
| Zip Code (4 Digits) | 6213 |
Financial Information
| Price | $6,800,000 |
| Price per Foot | $0 |
| Previous Price | $6,500,000 |
| Folio Number | 54434227040000030 |
| Tax Amount | $87,550 |
| Tax Year | 2023 |
Full Descriptions
| Detailed Description | 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 and 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) |
| Roof Description | Other |
| Floor Description | Concrete |
| Pool Description | Heated |
| Cooling Description | None |
| Heating Description | None |
| Sewer Description | Public Sewer |
Property parameters
| Living Area | 9368 |
| Zoning Information | MULTIFAMILY/LAND |
| Year Built | 1953 |
| Type of Property | Quadruplex |
| Style | Quadruplex |
| Model Name | Multifamily Airbnb |
| Building Name | Channel House Condo |
| Development Name | Channel House Condo,up to 11 units |
| Construction Type | CBS Construction |
| Stories Number | 2.000 |
| Parking Space Number | 15 |
| Listed with | Trust Invest Real Estate Corp |