150 Inlet Way, Palm Beach Shores, FL 33404 (MLS # RX-10473107)

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PRICE $3,500,000 dsIDX morgage calculator
SIZE 6,598 sq ft
LOT SIZE 20,037 sqft

New SVN Income-Producing Multifamily, Single-Family Guest Cottages, or Redevelopment Opportunity. 150 Inlet Way contains a total of seven units. This multi-family property includes two buildings: the front building contains four studios, and the rear building contains three larger units, one unit being on the second floor. Situated on 0.46+/- acres with 75+/- feet of waterfront, this property includes a swimming pool, and gorgeous, unobstructed views of the Palm Beach Inlet, Atlantic Ocean, and the Island of Palm Beach. If desired, this property can be acquired with 200 & 206 Inlet Way for a total of 23-units spanning 1.34+/- acres along 225+/- feet of waterfront. Redevelopment options for the whole portfolio include an increase to a 40+/--unit multifamily development project, or a 74+/--unit hotel.

DAYS ON MARKET 93 LAST UPDATED 1/15/2019
TRACT PALM BEACH SHORES YEAR BUILT 1950
COUNTY Palm Beach STATUS Conditional
PROPERTY TYPE(S) Commercial

PRICE HISTORY
Prior to Nov 12, '18 $2,500,000
Nov 12, '18 - Today $3,500,000


ADDITIONAL DETAILS
AIR Central Individual
AIR CONDITIONING Yes
HEAT Central Individual
LOT 0.46 acre(s)
LOT DESCRIPTION RESIDENTIAL INCOME
STORIES 1
SUBDIVISION PALM BEACH SHORES
TAXES 45257.00
UTILITIES Cable,Electric,Water Available
WATERFRONT Yes
WATERFRONT DESCRIPTION Oceanfront,Seawall
MORTGAGE CALCULATOR
   

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CONTACT US ABOUT 150 INLET WAY
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Listing provided by Robert Hamman, SVN Florida PB LLC
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Data last updated: 1/16/19 11:46 PM PST.

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