115 Inlet Way , for Sale & Rent

115 Inlet Way for Sale & Rent

Price $5,850,000.00

  • Lot size 21571
  • Year Build 1953
  • Waterfront
  • Zip 33404
  • Style
  • Parking Description
  • Pool Yes
  • Status Active With Contract
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Description

Extremely rare investment opportunity to purchase a 24-unit apartment building located in Palm Beach Shores, FL. Just steps to the beach and The Palm Beach Inlet, the Palm Beach Shores Apartments are an extraordinarily unique income producing asset in an ideal location, where the availability to purchase property is extremely seldom. Historically operated as a boutique motel, this location is perfect for an Airbnb / Vacation Rental, Annual Rentals, boutique hotel, large motel, or a Condo Redevelopment Project. Booming with new developments and projects, Palm Beach Shores offer beautiful beaches of Singer Island, Ocean Mall, restaurants, shops, Sailfish Marina, and more. With Marriott right around the corner, the potential of this over 20,000 square feet lot is unlimited.

PALM BEACH SHORES LTS 3 & 4

Beach Access

Extremely rare investment opportunity to purchase a 24-unit apartment building located in Palm Beach Shores, FL. Just steps to the beach and The Palm Beach Inlet, the Palm Beach Shores Apartments are an extraordinarily unique income producing asset in an ideal location, where the availability to purchase property is extremely seldom. Historically operated as a boutique motel, this location is perfect for an Airbnb / Vacation Rental, Annual Rentals, boutique hotel, large motel, or a Condo Redevelopment Project. Booming with new developments and projects, Palm Beach Shores offer beautiful beaches of Singer Island, Ocean Mall, restaurants, shops, Sailfish Marina, and more. With Marriott right around the corner, the potential of this over 20,000 square feet lot is unlimited.

City:Palm Beach Shores,Zoning:B Multifamily,List A O R:A-Miami Association of REALTORS,Stories:2,Latitude:26.7749446,List Price:5850000,Listing Id:A11278386,Longitude:-80.0339748,Mls Status:Active With Contract,Year Built:1953,Postal Code:33404,Street Name:Inlet Way,Coordinates:1:26.7749446,Photos Count:11,Business Type:1:Residential-Multi-Family,Days On Market:85,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,On Market Date:2022-09-26,Parcel Number:54434227040000030,Property Type:Commercial Sale,Stories Total:2,Street Number:115,Public Remarks:Extremely rare investment opportunity to purchase a 24-unit apartment building located in Palm Beach Shores, FL. Just steps to the beach and The Palm Beach Inlet, the Palm Beach Shores Apartments are an extraordinarily unique income producing asset in an ideal location, where the availability to purchase property is extremely seldom. Historically operated as a boutique motel, this location is perfect for an Airbnb / Vacation Rental, Annual Rentals, boutique hotel, large motel, or a Condo Redevelopment Project. Booming with new developments and projects, Palm Beach Shores offer beautiful beaches of Singer Island, Ocean Mall, restaurants, shops, Sailfish Marina, and more. With Marriott right around the corner, the potential of this over 20,000 square feet lot is unlimited.,County Or Parish:Palm Beach County,Expiration Date:2023-03-20,List Office Name:Global Fund Real Estate Group,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:6213,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:53586,Unparsed Address:115 Inlet Way, Palm Beach Shores FL 33404,Listing Agreement:Exclusive Right To Sell,Building Area Total:9368,Building Area Units:Square Feet,Lot Size Square Feet:21571,M I A M I R E_ For Sale Y N:1,Number Of Buildings:2,Original List Price:5850000,Public Survey Range:54,I D X Participation Y N:1,Syndication Remarks:Extremely rare investment opportunity to purchase a 24-unit apartment building located in Palm Beach Shores, FL. Just steps to the beach and The Palm Beach Inlet, the Palm Beach Shores Apartments are an extraordinarily unique income producing asset in an ideal location, where the availability to purchase property is extremely seldom. Historically operated as a boutique motel, this location is perfect for an Airbnb / Vacation Rental, Annual Rentals, boutique hotel, large motel, or a Condo Redevelopment Project. Booming with new developments and projects, Palm Beach Shores offer beautiful beaches of Singer Island, Ocean Mall, restaurants, shops, Sailfish Marina, and more. With Marriott right around the corner, the potential of this over 20,000 square feet lot is unlimited.,Listing Contract Date:2022-09-26,Originating System I D:miamire,Public Survey Section:27,Showing Instructions:Appointment Only,Call Listing Agent,Street Number Numeric:115,Tax Legal Description:PALM BEACH SHORES LTS 3 & 4,Public Survey Township:54,Originating System Name:Miami Association of REALTORS?,Contract Status Change Date:2022-09-26,Internet Address Display Y N:1,Number Of Units In Community:2,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2.0%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,

  • Price $5,850,000.00
  • Price Change: 2022-09-26
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1953
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction
  • Parking Description
  • Flooring Type
  • Property Type Commercial Sale
  • Status Active With Contract
  • Listed 2022-09-26
  • Days on Market 132
  • Furnished
  • City Palm Beach Shores
  • Zip 33404
  • State Florida
  • Subdivision
  • Development Name
  • HOA Fees
  • Taxes 53586
  • Taxes Year