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Channel House Condo

$6,800,000

115 Inlet Way, Palm Beach Shores, FL 33404

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Last Updated: 03/18/2025

12,928 sqft

Building Size

1953

Year Built

Details:
Building Size:    12,928 sqft
Year Built:    1953
Floors:    2
Parking Spots:    15
Gross Leaseable Area:    9,368
Highlights:
  • Lot Features: Oversized Lot
  • Documents Available: Other Available Information, Service Contracts
  • Cooling: None
  • Heating: None
  • Flooring: Concrete
  • Construction Materials: CBS Construction
Description:

NEW DEVELOPMENT OPPORTUNITY - Huge upside through the New Development up to 10 VILLAS or T-Homes of 2500-3000 sq feet, steps away from the beach and waterways & filling up highest and best use. Huge lot of 22,000 sq feet Two current Buildings of two floors under renovation. 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. (NOTE: some photos are renderings)

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