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
$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
- 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#: 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: $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
| Date | Event | Price |
|---|---|---|
| 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
Public tax history
| Year | Property taxes | Tax 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
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
Local experts in 33404
- Florida
- Palm Beach County
- Palm Beach Shores
- 33404
- 115 Inlet Way
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