MLS® RX-11061184

Status Active

$2,500,000

Features

$2,500,000

Price

1970

Year Built

8900

Sq.Feet

Multi Family

Property type

Triplex

Sub-type

Property description

Price Reduced $200k for immediate sale! Directly across the street from the ocean, 101 Sandal Lane presents an exceptional opportunity for investors, developers, or those seeking a versatile property in one of South Florida's most desirable coastal communities. Situated on the southern tip of Singer Island, Palm Beach Shores is a hidden gem offering the perfect blend of privacy, natural beauty, and coastal charm.As one of the only true barrier island communities, it is surrounded by water on three sides, ''the Atlantic Ocean, the Palm Beach Inlet, and the Intracoastal Waterway'' providing breathtaking views and an unbeatable location. Don't miss this exceptional investment opportunity. Schedule your private showing today. This property features 2,825 sq. ft. of living space across three separate units. property features 2,825 sq. ft. of living space across three separate units, offering flexibility for long-term rentals, multi-generational living, or future redevelopment. Unit 1 is a spacious 1,700 sq. ft. three-bedroom, two-bathroom home with a full kitchen and an open living area. Unit 2 is a 725 sq. ft. one-bedroom, one-bathroom unit with an open-concept design and full kitchen, while Unit 3 is a 400 sq. ft. studio with a full kitchen and bath. The oversized lot provides plenty of potential for expansion or redevelopment, with zoning that allows for a variety of residential uses. The lushly landscaped property also features a heated pool and a shared full laundry room for added convenience. Palm Beach Shores is known for its pristine beaches, prime snorkeling and diving spots, and world-class fishing. Located just one-quarter mile from the Palm Beach Inlet, the area offers quick ocean access for boating and water sports enthusiasts. Residents enjoy a peaceful, private community while being just minutes from top-tier dining, shopping, and marinas. Whether you're looking to generate rental income, develop, or build your dream coastal retreat, this is a rare chance to own in one of Palm Beach County's most sought-after waterfront enclaves. Don't miss this exceptional investment opportunityschedule your private showing today.

Listing Courtesy of Logan Realty Inc

Additional Info

  • List price per Sqft $885.90
  • Yearly Real Estate Tax $20,261
  • Lot size 8,900 Sq.Feet
  • Original listing price $2,950,000
  • Year Built 1970
  • Furnished ********
  • Equip / Appl included ********

Community Info

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