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Under contract
  • $5,150,000

    115 Inlet Way, Palm Beach Shores, FL 33404

    --beds
    --baths
    0.5Acres
    : 
    $37,273/mo
    Get pre-qualified
    Unimproved Land
    Built in ----
    0.5 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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)
    36 days
    19
    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#: A12079363MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

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      Property

      Features
      • 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: 8/28/2026
      • Listing terms: All Cash
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/31/2026Pending sale$5,150,000
        Source: MIAMI #A12079363 Report a problem
        8/28/2026Listed for sale$5,150,000
        Source: MIAMI #A12079363 Report a problem
        8/1/2026Listing removed$5,150,000
        Source: MIAMI #A11983791 Report a problem
        5/12/2026Price change$5,150,000+3%
        Source: MIAMI #A11983791 Report a problem
        3/16/2026Listed for sale$5,000,000-26.5%
        Source: MIAMI #A11983791 Report a problem
        3/1/2026Listing removed$6,800,000
        Source: MIAMI #A11620898 Report a problem
        2/6/2026Listed for sale$6,800,000
        Source: MIAMI #A11620898 Report a problem
        1/8/2026Listing removed$6,800,000
        Source: MIAMI #A11620898 Report a problem
        3/17/2025Price change$6,800,000+4.6%
        Source: MIAMI #A11620898 Report a problem
        10/21/2024Price change$6,500,000-3.7%
        Source: MIAMI #A11620898 Report a problem
        7/9/2024Listed for sale$6,750,000+31.1%
        Source: MIAMI #A11620898 Report a problem
        2/21/2024Sold$5,150,000+20.3%
        Source: Public Record Report a problem
        4/4/2022Sold$4,280,000+42.7%
        Source: Public Record Report a problem
        2/11/2020Sold$3,000,000+380%
        Source: Public Record Report a problem
        8/16/1996Sold$625,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

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        Climate risks

        Neighborhood: 33404

        Getting around

        32 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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