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115 Inlet Way, Palm Beach Shores, FL 33404
Under Contract
3 Days on Market
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How this price compares

Asking price
$5,150,000
Price per sq ft
N/A
Original price
Unchanged
Days on market
3

This lot in Palm Beach Shores went under contract with an asking price of $5,150,000. It spent 3 days on the market before going under contract.

0
Bedrooms
0
Bathrooms
0
Living Sq Ft
N/A
Year Built

Estimated monthly payment

$27,065 /mo

Principal and interest only, based on $1,030,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$5,150,000
Days on Site
3 Days
Bedrooms
0
Total Baths
0
Lot Size
0.5 Acres
Property Type
Land
MLS #
A12079363
Property Tax
$85,406 (2025)
Subdivision
PALM BEACH SHORES
Development
LAND
County
Palm Beach
Status
Under Contract

About This Property

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)

Virtual Tour

General Features

Property Type
Land
Status
Under Contract
Direction Faces
North
Lot Size (Acres)
0.5
Zoning
Multi-Family Resid

Exterior Features

Lot Features
Oversized Lot
Waterfront Features
None

Community & HOA

Community Features
Street Lights
Financing Terms
Cash
MLS Area
5240

Schools

Elementary School
Lincoln
Middle School
John F. Kennedy (Palm Beach)
High School
William T. Dwyer

Features & Amenities

None

Palm Beach Shores is a luxury waterfront, luxury community in Palm Beach Shores, Palm Beach County, Florida. Properties are priced from $1,600,000 to $3,000,000. Pure Equity lists homes in Palm Beach Shores and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
6
Median List Price
$2,195,000
Median $/Sq Ft
$1,012
Avg Days on Market
120
View all 6 homes for sale in Palm Beach Shores →
How do I schedule a tour of 115 Inlet Way, Palm Beach Shores, FL 33404?
Use the Tour button on this listing to request a showing of 115 Inlet Way, Palm Beach Shores, FL 33404. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 115 Inlet Way, Palm Beach Shores, FL 33404 still available?
115 Inlet Way, Palm Beach Shores, FL 33404 is currently listed as Under Contract, and has been on the market 3 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 115 Inlet Way, Palm Beach Shores, FL 33404?
With 20% down ($1,030,000) on the $5,150,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 115 Inlet Way, Palm Beach Shores, FL 33404 is about $27,065/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 115 Inlet Way, Palm Beach Shores, FL 33404?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 115 Inlet Way, Palm Beach Shores, FL 33404. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 115 Inlet Way, Palm Beach Shores, FL 33404?
115 Inlet Way, Palm Beach Shores, FL 33404 is zoned for Lincoln (elementary), John F. Kennedy (Palm Beach) (middle), William T. Dwyer (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 115 Inlet Way, Palm Beach Shores, FL 33404?
Often, yes. The right offer on 115 Inlet Way, Palm Beach Shores, FL 33404 depends on how it's priced against comparable land sales in Palm Beach Shores, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Trust Invest Real Estate Corp

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.

$5,150,000

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Listed by Jelena Grady, Trust Invest Real Estate Corp

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