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)
Lot/land
Price increase: $150K (5/12)
$5,150,000
115 Inlet Way, Palm Beach Shores, FL 33404
--beds
--baths
0.5Acres
Unimproved Land
Built in ----
0.5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 103 days |
- 186 |
- 0 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jelena Grady 305-215-0036,
Trust Invest Real Estate Corp
Source: MIAMI,MLS#: A11983791
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: None
Lot
- Size: 0.5 Acres
- Features: Oversized Lot, Sprinklers, Street Lights
- Residential vegetation: No Trees, Grass/Pasture
Details
- Additional structures: None
- Has additional parcels: Yes
- Parcel number: 54434227040000030
- Zoning: Multi-Family Resid
Community & HOA
Community
- Subdivision: Palm Beach Shores,Land
HOA
- Has HOA: No
Location
- Region: Palm Beach Shores
Financial & listing details
- Tax assessed value: $4,220,825
- Annual tax amount: $85,406
- Date on market: 3/16/2026
- Listing terms: All Cash
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$7,485/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Price change | $5,150,000+3% |
Source: | ||
| 3/16/2026 | Listed for sale | $5,000,000-26.5% |
Source: | ||
| 3/1/2026 | Listing removed | $6,800,000 |
Source: | ||
| 2/6/2026 | Listed for sale | $6,800,000 |
Source: | ||
| 1/8/2026 | Listing removed | $6,800,000 |
Source: | ||
| 3/17/2025 | Price change | $6,800,000+4.6% |
Source: | ||
| 10/21/2024 | Price change | $6,500,000-3.7% |
Source: | ||
| 7/9/2024 | Listed for sale | $6,750,000+31.1% |
Source: | ||
| 2/21/2024 | Sold | $5,150,000+20.3% |
Source: Public Record Report a problem | ||
| 4/4/2022 | Sold | $4,280,000+42.7% |
Source: Public Record Report a problem | ||
| 2/11/2020 | Sold | $3,000,000+380% |
Source: Public Record Report a problem | ||
| 8/16/1996 | Sold | $625,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $85,405 +11.6% | $4,220,825 +11.9% |
| 2024 | $76,511 +4.8% | $3,773,130 +5.6% |
| 2023 | $72,999 +18.6% | $3,572,723 +31% |
| 2022 | $61,531 +14.8% | $2,726,446 +10% |
| 2021 | $53,585 +18.7% | $2,478,587 +21.7% |
| 2020 | $45,162 +9% | $2,036,410 +10% |
| 2019 | $41,445 | $1,851,282 +5.2% |
| 2018 | $41,445 +12.9% | $1,760,521 +5.2% |
| 2017 | $36,693 +6.3% | $1,673,598 +20.3% |
| 2016 | $34,524 +5.3% | $1,390,895 +10% |
| 2015 | $32,795 +18% | $1,264,450 +10% |
| 2014 | $27,789 +20.7% | $1,149,500 +24.3% |
| 2011 | $23,020 +0.2% | $924,737 -0.4% |
| 2010 | $22,974 -3.2% | $928,620 -8.5% |
| 2009 | $23,736 -9.3% | $1,014,820 -16.7% |
| 2008 | $26,157 -21.2% | $1,218,184 -23.7% |
| 2007 | $33,173 -7.9% | $1,596,685 +0% |
| 2006 | $36,008 | $1,596,015 +97.2% |
| 2005 | -- | $809,175 +1.6% |
| 2004 | $10,779 +747.4% | $796,818 -14% |
| 2003 | $1,272 -91.6% | $926,518 +48.2% |
| 2002 | $15,202 -1.3% | $625,000 |
| 2001 | $15,398 +0.9% | $625,000 |
| 2000 | $15,260 +8.8% | $625,000 -18.2% |
| 1999 | $14,020 | $764,193 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 33404
Nearby schools
GreatSchools rating
- 5/10Lincoln Elementary SchoolGrades: PK-5Distance: 2.4 mi
- 4/10John F. Kennedy Middle SchoolGrades: 6-8Distance: 3.1 mi
- 6/10William T. Dwyer High SchoolGrades: PK,9-12Distance: 8.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Palm Beach County
- Palm Beach Shores
- 33404
- 115 Inlet Way
Nearby cities
Nearby zip codes
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