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201 Inlet WayPalm Beach Shores, FL 33404

Palm Beach County

$4,595,000List price
6,930Sq Ft
0.22Acre lot
2Stories
7 months agoOn market

Description

Hotel License in place. Prime 10-Unit Beachside MultifamilyOffered for sale is La Doral, a rare 10-unit multifamily asset located in the heart of Palm Beach Shores on Singer Island, just steps from the Atlantic Ocean, Palm Beach Inlet, and Sailfish Marina.The property consists of eight one-bedroom/one-bath units and two two-bedroom/one-and-one-half-bath units.Constructed of CBS, the building features impact windows throughout and a concrete roof with a recently installed silicone coating system.Currently operated as a stabilized annual rental with long-term month-to-month tenants. A hotel license is in place.Units are separately metered for water and electric, and the property includes 17 on-site parking spaces.Offering memorandum and detailed financials available upon request.

Property Information

Property type
Commercial Sale
Sub-type
Multi Family
Structure type
Warehouse
Stories
2
Building area
6,930 Sq Ft
Lot size
0.22 acres
Zoning
B
Days on market
223
MLS® Listing#
F10552347

Property Features

Cooling
Central Air
Heating
Central
Flooring
Tile
Construction
Block
Roof
Concrete
Sewer
Public Sewer
Water source
Public
Parcel number
54434227040000090

Directions

From Blue Heron Blvd, head east over the bridge to Singer Island. Turn right onto Lake Drive and continue as Lake Drive becomes Inlet Way. Property is located on the right at 201 Inlet Way.

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Listing Courtesy: Better Homes & Gardens Real Estate Florida 1st - 9545639889

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The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

Documents & links

Provided by Gary P Tutalo

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