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$10,000 Closing Credit¹
#RX-11061184, Rhys R Hollyman, Listing office: Logan Realty Inc
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
- Flooring Type: Concrete
- Architectural Style: Fourplex
- Heating: None
- Cooling: None
- List Price: $6,800,000
- Price/SqFt: $725
- Annual Tax Amount: $72,999
- Tax Year: 2023
- Lot: Oversized Lot
- Year Built: 1953
- Stories: 2
- Living Area: 9,368 SqFt
- 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
© 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: 6/25/2025, 10:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$6,800,000
115 Inlet Way
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property 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.
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. Most families are 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 Courses
PGA/LPGA
Hiking/backpacking
Where do the neighbors shop?
Express/Express For Men
Stein Mart
Nordstrom Rack
Where do the neighbors go to eat?
Qdoba
Bonefish Grill
Chipotle
What do the neighbors drive?
Volkswagen
Lincoln
Mazda
What do the neighbors listen to?
Urban Contemporary
Classical
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 115 Inlet Way
The listing price of 115 Inlet Way property is $6,800,000.
The property 115 Inlet Way is a multi located in Palm Beach Shores, Florida, 33404.
Active Listing: 115 Inlet Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 115 Inlet Way are: Northboro Elementary School (GreatSchools Rating 6/10), Lake Park Elementary School (GreatSchools Rating 2/10), West Riviera Elementary School (GreatSchools Rating 1/10), The Conservatory School @ North Palm Beach (GreatSchools Rating 8/10), John F. Kennedy Middle School (GreatSchools Rating 4/10), Bak Middle School of the Arts (GreatSchools Rating 10/10), Inlet Grove Community High School (GreatSchools Rating 7/10), Alternative Program Central (GreatSchools Rating 2/10), Suncoast Community High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $72,999 (source: MLS/based on county public records data).
The property 115 Inlet Way is 9,368 SqFt (source: MLS/tax record).
The year of construction for 115 Inlet Way is 1953.
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 $6,800,000.
While more than 0 listings in Palm Beach Shores, FL in May 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. The number of listings in Palm Beach Shores, FL remained the same between April and May 2025. In May 2025, listings were on the market for 78 days. During the same period, the median list price in this real estate market was $1,287,500.
From Rocket Homes Real Estate and based on county public records data.