224 Inlet Way, Palm Beach Shores, FL 33404
Overview
Description
Supplements: ... (Read more) Owner is ready to sell. Can build up to 11 units per city code, and has already been approved by the municipality for 6 units, 2550 square feet each, and all with ocean views. 2 units per floor, 3 stories high, the penthouse units have spiral stairstaircases up to a roof deck with the most breathtaking views on the island. With unobstructed southern exposures, this building is sure to be the premier condo building with Palm Beach Shores. Stunning Inlet views of the most sought after inlet in florida. With a due southern exposure, this prime lot has unobstructed views of the ocean, the inlet and the ultra high-end town of Palm Beach. The only location of its sort, this lot allows the the construction of a 3 story building complete with underneath parking. The Plans have already been approved by both the city and the town itself. With their own police dept., fire dept., town hall, and community center located directly on the ocean, there is no wonder that the town of Palm Beach Shores is the most sought after area on the Island. Various investment opportunities including a 6 unit Boutique style project , all with ocean views, or build your dream home on a very large lot with ocean and inlet views. This is a unique property, and will please the most discriminating buyers replete with southern views of inlet, ocean, and beautiful Palm Beach.
Listing Details MLS# R3285745
General Property Information
- Property Sub Type
- Unimproved Land
- Number Of Lots
- Yes
- Lot Size Acres
- 0.39
- Lot Size Square Feet
- 16988.4
- Lot Size Dimensions
- .3895 acres
- Lot Depth
- 226
- Waterfront YN
- Yes
- Lot Frontage
- 75
- Direction Faces
- South
- LP/SqFt
- 64.16
Property Features
Contract Information
- Comp Sale YN
- No
- Original List Price
- 1090000
- LP/Acre
- 2794871.79
- LP/Frontage
- 14533.33
Location and Legal
- Country
- United States
- County Or Parish
- Palm Beach
- County Parish Name
- Palm Beach
- Street Number
- 224
- Street Name
- Inlet
- Street Suffix
- Way
- City Name
- Palm Beach Shores
- State Or Province
- FL
- Postal Code
- 33404
- Postal Zip
- 33404
- Subdivision Name
- Palm Beach Shores
- Development Name
- Palm Beach Shores
- Area
- 5240
- Geographic Area
- PB28
- Parcel Number
- 54434227040005780
- Zoning
- C
- Directions
- PGA East,North Ocean South to Inlet
Financial Information
- Association YN
- Yes
- Association Membership
- Voluntary
- Tax Year
- 2010
- Tax Annual Amount
- 17068
- Tax Legal Description
- Palm Beach Shores Lot:578 Blk: Lot SqFt:17002 Frontage: Depth:
Status Change Information
- Major Change Timestamp
- 2012-06-01T05:00:01Z
- Major Change Type
- New Listing
- Status Change Date
- 2012-08-28
- Under Contract Date
- 2012-08-21
- Close Date
- 2012-08-27
- Close Price
- 850000
- Buyer Financing
- Cash
- SP/Acre
- 2179487.18
More Information
Price Calculations
- Original List Price To Close Price
- 1.28
Originating Details
- Originating System Key
- 20130214113623381781000000
- Originating System ID
- M00000170
Office/Member Information
- DXORIGMLSID
- RML
Documents Available
- Survey
- Yes
Current Use
- Commercial
- Yes
Development Status
- Raw Land
- Yes
Location of Property
- Beach Access
- Yes
- Subdivision
- Yes
- Other
- Yes
Possible Use
- Commercial
- Yes
Sewer
- Public Sewer
- Yes
Trees
- None
- Yes
Utilities
- Cable Available
- Yes
- Electricity Available
- Yes
- Phone Available
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
Listing Terms
- Cash
- Yes
- Owner Will Carry
- Yes
Lot Features
- Cleared
- Yes
Road Frontage Type
- Public Road
- Yes
Water Source
- Public
- Yes
Waterfront Features
- Intracoastal
- Yes
- Ocean Front
- Yes
Acreage Description
- 1/4 To Less Than 1/2 Acre Lot
- Yes
