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115 Inlet Way, Palm Beach Shores FL 33404,Palm Beach Shores,Palm Beach County,Land/Boat Docks

$5,150,000
115 Inlet Way, Palm Beach Shores FL 33404, Palm Beach Shores, PALM BEACH SHORES, LAND
  • 140182
  • Property ID

Description

LAND DEVELOPMENT OPPORTUNITY – Huge upside through the New Development up to 10 VILLAS or T-Homes Development
Options Based on Permitted Lot Coverage
Site total square footage: 21,426 SF.
Dwelling unit density. 10 units. “ Dwelling unit density is “twenty-one (21) units per acre.”
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)

Property Id: 140182
Price: $5,150,000
Property Lot Size: 1 ft2
ListingId: A11983791
LotSizeSquareFeet: 21571
StateOrProvince: FL
StreetName: Inlet Way
StreetNumber: 115

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