115 Inlet Way, Palm Beach Shores, FL 33404

$6,500,000
9,368
SqFt
List Price
$6,500,000
Price Change
▼ $250,000 1729565710
MLS
A11620898
Complex Name
Channel House Condo
Status
ACTIVE
Type
Multifamily
Living Area
9,368

Property 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 & 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)

Additional Information

Days on Market
167
Pool
Yes
Style
Quadruplex, Fourplex
#Parking Spaces
15
Year Built
1953
Development Name
Channel House Condo, Up To 11 Units
#Stories
2
Construction Type
CBS Construction
Pool Description
Heated
Section
35

Listing Courtesy of Trust Invest Real Estate Corp, Contact: