115 Inlet Way , for Sale

115 Inlet Way for Sale

Price $5,560,000.00

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

ATTENTION INVESTORS! **GRANDFATHERED HOTEL** Rare chance to invest in This super charming 24-unit apartment building in the heart of Palm Beach Shores, FL. Just a stone's throw away from the beach and The Palm Beach Inlet, these apartments are not your everyday find. The LARGEST of the Lots available for sale in the area! This place used to be a boutique motel, making it perfect for various uses like Airbnb, vacation rentals, an annual rental spot, a cozy boutique hotel, or even a condo redevelopment project. Located in the midst of growth and new projects in Palm Beach Shores, you'll have access to the stunning beaches of Singer Island, the Ocean Mall, restaurants, shops, Sailfish Marina, and more. With Marriott just around the corner, the potential is colossal!

ALL SHOWINGS MUST BE ACCOMPANIED BY BUYERS AGENT, AND THE BUYER MUST BE ABLE TO SHOW PROOF OF FUNDS PRIOR TO SHOWING BEING CONFIRMED. FOR SATURDAY OR WEEKEND SHOWINGS, PLEASE TEXT EDEN @ 786-644-8474 TO SCHEDULE SHOWINGS OR ANY QUESTIONS. PLEASE DOWNLOAD THE OFFERING MEMORANDUM, AND PDF FILES IN ATTACHMENTS :)

PALM BEACH SHORES LTS 3 & 4

ATTENTION INVESTORS! **GRANDFATHERED HOTEL** Rare chance to invest in This super charming 24-unit apartment building in the heart of Palm Beach Shores, FL. Just a stone's throw away from the beach and The Palm Beach Inlet, these apartments are not your everyday find. The LARGEST of the Lots available for sale in the area! This place used to be a boutique motel, making it perfect for various uses like Airbnb, vacation rentals, an annual rental spot, a cozy boutique hotel, or even a condo redevelopment project. Located in the midst of growth and new projects in Palm Beach Shores, you'll have access to the stunning beaches of Singer Island, the Ocean Mall, restaurants, shops, Sailfish Marina, and more. With Marriott just around the corner, the potential is colossal!

City:Palm Beach Shores,List A O R:A-Miami Association of REALTORS,Latitude:26.7749446,List Price:5560000,Listing Id:A11491959,Longitude:-80.0339748,Mls Status:Pending,Year Built:1953,Directions:USE GOOGLE MAPS,Postal Code:33404,Street Name:Inlet Way,Coordinates:1:26.7749446,Photos Count:44,Business Type:1:Hotel/Motel,Days On Market:11,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:5640,On Market Date:2023-11-28,Parcel Number:54434227040000030,Property Type:Commercial Sale,Street Number:115,Public Remarks:ATTENTION INVESTORS! **GRANDFATHERED HOTEL** Rare chance to invest in This super charming 24-unit apartment building in the heart of Palm Beach Shores, FL. Just a stone's throw away from the beach and The Palm Beach Inlet, these apartments are not your everyday find. The LARGEST of the Lots available for sale in the area! This place used to be a boutique motel, making it perfect for various uses like Airbnb, vacation rentals, an annual rental spot, a cozy boutique hotel, or even a condo redevelopment project. Located in the midst of growth and new projects in Palm Beach Shores, you'll have access to the stunning beaches of Singer Island, the Ocean Mall, restaurants, shops, Sailfish Marina, and more. With Marriott just around the corner, the potential is colossal!,County Or Parish:Palm Beach County,List Office Name:EXP Realty, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Back On Market,Postal Code Plus4:6213,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:72999,Unparsed Address:115 Inlet Way, Palm Beach Shores FL 33404,Listing Agreement:Exclusive Agency,Building Area Total:9358,Building Area Units:Square Feet,Lot Size Square Feet:21571,Original List Price:5560000,Public Survey Range:54,I D X Participation Y N:1,Syndication Remarks:ATTENTION INVESTORS! **GRANDFATHERED HOTEL** Rare chance to invest in This super charming 24-unit apartment building in the heart of Palm Beach Shores, FL. Just a stone's throw away from the beach and The Palm Beach Inlet, these apartments are not your everyday find. The LARGEST of the Lots available for sale in the area! This place used to be a boutique motel, making it perfect for various uses like Airbnb, vacation rentals, an annual rental spot, a cozy boutique hotel, or even a condo redevelopment project. Located in the midst of growth and new projects in Palm Beach Shores, you'll have access to the stunning beaches of Singer Island, the Ocean Mall, restaurants, shops, Sailfish Marina, and more. With Marriott just around the corner, the potential is colossal!,Listing Contract Date:2023-11-28,Originating System I D:miamire,Public Survey Section:27,Showing Instructions:24 Hour Notice,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?,Sub Agency Compensation:2%,M I A M I R E_ Internet Remarks:Invest in a unique property. 24unit apartment building in the heart of Palm Beach Shores. A stone's throw away from the beach and The Palm Beach Inlet,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2023-11-28,Internet Address Display Y N:1,Number Of Units In Community:2,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,

  • Price $5,560,000.00
  • Price Change: 2023-11-27
  • 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 Pending
  • Listed 2023-11-27
  • Days on Market 89
  • Furnished
  • City Palm Beach Shores
  • Zip 33404
  • State Florida
  • Subdivision
  • Development Name
  • HOA Fees
  • Taxes 72999
  • Taxes Year