Palm Beach Shores, FL 33404,115 Inlet WAY 101
Palm Beach Shores, FL 33404,115 Inlet WAY 101
Palm Beach Shores, FL 33404,115 Inlet WAY 101
Palm Beach Shores, FL 33404,115 Inlet WAY 101
Palm Beach Shores, FL 33404,115 Inlet WAY 101
Palm Beach Shores, FL 33404,115 Inlet WAY 101
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Listed by Jupiter Lighthouse Realty Inc
Bought with Jupiter Lighthouse Realty Inc

$3,000,000

$3,250,000

7.7%
Est.Price: ?

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Est. payment /mo

24 Baths

9,368 SqFt


SOLD DATE : 02/07/2020

Key Details

Sold Price $3,000,000

Property Type Commercial

Sub Type Hotel-Motel

Listing Status Sold

Purchase Type For Sale

Square Footage 9,368 sqft

Price per Sqft $320

Subdivision Channel House Condo

MLS Listing ID RX-10551923

Sold Date 02/07/20

Construction Status Resale

Year Built 1953

Annual Tax Amount $36,693

Tax Year 2018

Lot Size 0.500 Acres

Property Sub-Type Hotel-Motel

Property Description

Incredible opportunity at the Inlet Way in Palm Beach Shores of Singer Island. With over $1M in improvements, this 2 story 24 room hotel has a large ADA pool and is entirely up to the code with a complete new electrical system less than 1 year young. Zoned for a Hotel or Multifamily/Condo, this location is perfect for a boutique hotel, Sober living or a Condo Redevelopment Project. Booming with new developments and projects, Palm Beach Shores offer beautiful beaches of Singer Island, Ocean Mall, restaurants, shops, Sailfish Marina, and more. With Marriott right around the corner, the potential of this over 9000 square, 24 room hotel is unlimited.

Location

State FL

County Palm Beach

Area 5240

Zoning DISTRI

Interior

Heating Gas

Cooling Wall-Win A/C

Flooring Concrete, Terrazzo Floor

Fireplaces Type Sprinkler

Exterior

Utilities Available 220, Electric, Public Water

Roof Type Other

Building

Story 100.00

Construction Status Resale

Others

Acceptable Financing Exchange, Owner

Listing Terms Exchange, Owner

Financing Exchange,Owner

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Cameron Scott

Cameron Scott

RE/MAX Consultants Realty I

+1(954) 995-4711

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Cameron Scott

+1(954) 995-4711

cameron@iloverealestate.us

1625 SE 17th St Causeway, Fort Lauderdale, FL, 33316

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