Palm Beach Shores, FL 33404 125 Inlet Way 1 - 12
$25,000
Sold: Jun 02, 2023
8 more
Presented By: Logan Realty Inc
Beds • 12
Baths • 12
SQFT • 6,448
Home Details
A Rare Triplenet Revenue Making Lease Opportunity! This 12 unit Pool Apartment Building freshly painted, 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, Office, and an Inground Swimming POOL plenty of room for basketball volleyball or tiki hut. There are seperate electric meters for each unit plus a house meter. The building sits on one of the largest double lots in Palm Beach Shores. The building is perfectly set up for annual or Vacation rentals. The location to the beach, Peanut Island and the inlet offers great potential for profitable seasonal and long term rentals! Get in now just in time for seasonal income.
Presented By: Logan Realty Inc
General for 125 Inlet Way 1 - 12
Additional Parcels Y/NNo
AppliancesElectricWaterHeater, Microwave, Refrigerator
Association AmenitiesTrails
Attached Garage No
Availability Date2023-04-01
Carport Y/NNo
CityPalm Beach Shores
Close Price5000000.0
Community FeaturesGated, Sidewalks
CoolingCeilingFans, Electric
CountyPalm Beach County
Days on Market149
DirectionsBlue Heron or Ocean Drive to Lake Drive, south to Inlet Way, east to bldg
Garage Spaces0.0
Garage Y/NNo
HOA / Comm AssnNo
HeatingElectric
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionPALM BEACH SHORES LTS 5 & 6
MLS Area5240
MLS Area MinorPalm Bch 5200; 5210; 5220; 5230; 5240; 5250
MobileHomeRemainsYNNo
New ConstructionNo
Pets AllowedYes
Pool FeaturesPool
PostalCityPalm Beach Shores
Property Attached Y/NNo
Property TypeResidentialLease
Rent Control Y/NNo
Security FeaturesSmokeDetectors
Senior Community Y/NNo
Standard StatusClosed
StatusClosed
Subdivision NamePALM BEACH SHORES
Tax Annual Amount0.0
Tenant PaysExteriorElectric, Sewer, Water
Unit Number1 - 12
View Y/NNo
Virtual TourClick here
Virtual TourClick here
Waterfront FeaturesOceanAccess
Waterfront Y/NNo
Year Built1962
Interior for 125 Inlet Way 1 - 12
Air Conditioning Y/NYes
Basement (Y/N)No
BuyerOfficeEmail[email protected]
Electric On Property Y/NNo
Entry Level2
Fireplace Y/NNo
FlooringCeramicTile
Full Baths12
Furnished Y/NNegotiable
Half Baths0
Heating Y/NYes
Total Baths12
Total Bedrooms12
Unit Floor #2
Exterior for 125 Inlet Way 1 - 12
Building Area Total6448.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions1/4 to 1/2 Acre
Open Parking Y/NYes
Parking FeaturesOpen
SpaNo
Rhonda Shoumate
Broker Associate
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