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Lot/land
  • $5,000,000

    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

    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)
    16 days
    |
    211
    |
    6
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: March 16, 2026 at 05:03pm

    Listed by:

    Jelena Grady 305-215-0036,

    Trust Invest Real Estate Corp

    Source: MIAMI,MLS#: A11983791MLS LogoOriginating 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: $3,773,130
      • 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

        Price history
        DateEventPrice
        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

        Public tax history
        YearProperty taxesTax assessment
        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
        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

        Getting around

        32 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        Local experts in 33404

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