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115 Inlet Way
Palm Beach Shores, FL 33404 Palm Beach Shores

$5,000,000 USD

Land For Sale  •  0.5 AC

Property Details

  • Property Type Land
  • Lot Size 0.49 AC
  • Zoning Multi-Family & Hotel "B"
0 Transit Score
32 Walk Score

Description

Land Use. Zoning & Development Standards Summary
The following is a general summary of the land use, zoning and land development standards for the subject
site.
Future Land Use Plan Designation: Multi-Family Residential & Hotel – 21 Units / Net Acre
Zoning Designation: District “B”
Below are the District “B” Land Development Regulations:
An exceptional development opportunity in the highly desirable Town of Palm Beach Shores, offering a rare half-acre site positioned just moments from the Atlantic Ocean and the Lake Worth Inlet. This property presents a compelling investment for developers seeking to create a luxury residential project in one of South Florida’s most exclusive coastal enclaves.

The site consists of approximately 0.50 acres (21,780± SF) comprising Lots 3 and 4 in Palm Beach Shores, providing ample area for a thoughtfully designed boutique residential development.

Zoning & Development Potential

The property is zoned District “B” – Multi-Family Residential (Medium Density), allowing a range of residential development opportunities including multi-family residences, duplexes, and accessory residential structures.

Under the Town’s zoning regulations, the site permits a maximum residential density of up to 21 units per acre, creating the potential for a boutique residential project such as luxury townhomes, villas, or condominium residences.

Key development parameters include:

Maximum building height: approximately 29–30 feet (two stories)

Maximum lot coverage: up to 36% for two-story structures, potentially 45% with underground parking configuration

Minimum setbacks:

Front yard: 15 feet

Rear yard: 15 feet

Side yards: 10 feet each side

Minimum parking requirements: 1.25–1.5 spaces per residential unit depending on configuration

These parameters support the creation of high-end coastal residences with generous layouts and parking solutions.

Engineering & Infrastructure

Preliminary engineering analysis indicates that stormwater management requirements can be effectively achieved using an exfiltration trench system, designed to meet Florida Department of Environmental Protection nutrient reduction standards.

The site benefits from favorable soil conditions (Pomello fine sand, Hydrologic Group A) and is located within FEMA Flood Zone X, indicating a reduced flood risk compared to many coastal properties.

Highlights

Strategic Development Position
Limited land supply
Luxury migration to South Florida

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Mangonia Park (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 11 min - 4.8 mi
West Palm Beach (Mainline - Brightline) 18 min - 7.2 mi
AirportDriveWalkDistance
Palm Beach International 25 min - 11.7 mi
Elena Grady 305-215-0036 Trust Invest Real Estate Corp
Elena Grady 305-215-0036 Trust Invest Real Estate Corp