$6,500,000

115 Inlet Way Palm Beach Shores, FL 33404

9,368 sqft
$694 / sqft
Multi-Family

Property details

About 115 Inlet Way

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)

Highlights

Home typeQuadruplex
StatusActive
Size9,368 sqft
Year built1953
MLS #A11620898

Summary

  • MLS Number: A11620898
  • MLS Name: SEFMIAMI
  • Office Name: Trust Invest Real Estate Corp
  • Office Phone: (844) 414-4488
  • Office Email: trustinvest@live.com
  • Listing Agent: Jelena Grady

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 6:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

birds eye view of property featuring a beach view and a water view

$6,500,000

115 Inlet Way

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$3,572,723$72,999
2022$3,365,993$61,531
2021$2,478,587$61,531

History based on county public records data.

Nearby schools

6

Northboro Elementary School

Public Magnet PK-5

2.1 mi

400 40th St

2

Lake Park Elementary School

Public District PK-5

2.2 mi

410 3rd St

1

West Riviera Elementary School

Public District EE-5

2.2 mi

1057 W 6th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $64,773. The majority of Palm Beach Shores, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

27%
<35k
42%
35k-100k
24%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

57%
Single, No Kids
7%
Single, with Kids
30%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
3%
12-17 yrs old
9%
18-34 yrs old
48%
35-64 yrs old
34%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Stein MartStein Mart
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • QdobaQdoba
  • Bonefish GrillBonefish Grill
  • ChipotleChipotle

What do the neighbors drive?

  • VolkswagenVolkswagen
  • LincolnLincoln
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • ClassicalClassical
  • RockRock
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 115 Inlet Way in Palm Beach Shores, FL and zip code 33404. This 9,368 square foot home was built in 1953. Features: 0 bathroom. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $6,500,000.

Over 0 listings were sold over their listed price in February 2025 in Palm Beach Shores, FL. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price. The number of homes for sale in Palm Beach Shores, FL increased by 30.4% between January and February 2025. Listings spent 25 days on the market in February 2025, and had a median list price of $1,362,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources