Sold

125 Inlet Way 1

Palm Beach Shores FL, 33404

$5,000,000


$234.26 per sqft

Sold

21,344 sqft

Commercial

Built in 1962

New roof new, AC, electric, refrigerators, new landscaping and freshly painted inside and outThis 12 unit Pool Apartment Building located within 1 block on the Atlantic Ocean and across the street from the Plam Beach Inlet. There are 9 one bedroom units, and 3 studios. 1 Laundry room w/ 2 washers and Dryers, Office, and an Inground Swimming POOL plenty of room for basketball volleyball or tiki hut. There are new seperate electric meters for each unit plus a house meter. The building sits on one of the largest double lots in Palm Beach Shores. A Rare Triplenet Revenue Making Opportunity! 24,000 per month

R10835105

MLS ID

September 28, 2022

Listed

February 16, 2024

Updated

Map

125 Inlet Way 1
Palm Beach Shores FL, 33404

Interior Features

Total Stories

2


Floor Description

Ceramic Tile


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Wall/Window Unit(s)


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.49 Acres


Lot Features

Beach Front


Roof

Built-Up

Other Property Details

Area Name

5240


Taxes

$43,571


Tax Frequency

Annually


Days on Market

162


Garage

No


View

No


County

Palm Beach County


Pool

No


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

6/12/2023

Price Change

$5,000,000

-19%

6/12/2023

Sold

$5,000,000

Listed by Eileen Smith, with Logan Realty Inc
Listing Contact: (561) 866-5486 

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Data last updated 4:32 AM UTC, 2/16/2024

 

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