
$5,150,000
115 Inlet Way
Explore the area: Palm Beach Shores homes for sale · Palm Beach County real estate
Price Check
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.
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.
Customize this estimateListing 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 TourGeneral 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
About the Community
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
Frequently Asked Questions
- 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
Map & Location
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Recent Sales
Recently sold homes in Palm Beach Shores
These are the last 6 recorded closings in Palm Beach Shores, with the price each home actually sold for rather than what it was listed at. They closed at a median of $814 per square foot. The most recent closed on August 3, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$2,850,000
Sold · August 3, 2026
309 Cascade Lane
4 bed · 3.5 bath · 3,500 sqft · $814/sqft
Sold$2,850,000
Sold · August 3, 2026
309 Cascade Lane
4 bed · 3.5 bath · 3,500 sqft · $814/sqft
Sold$1,347,500
Sold · June 11, 2026
200 Blossom Lane
3 bed · 2 bath · 1,474 sqft · $914/sqft
$47,500 under the asking price
Sold$1,175,000
Sold · June 2, 2026
324 Blossom Lane
3 bed · 2 bath · 1,801 sqft · $652/sqft
$174,000 under the asking price
Sold$950,000
Sold · May 12, 2026
1122 Beach Road
3 bed · 2 bath · 1,501 sqft · $633/sqft
$48,500 under the asking price
Sold$2,485,000
Sold · May 8, 2026
325 Cascade Lane
4 bed · 3 bath · 2,749 sqft · $904/sqft
$15,000 under the asking price
See every recorded sale in Palm Beach Shores or find out what your Palm Beach Shores home is worth.




