101 Sandal Ln - Apartments FOR SALE


Palm Beach Shores, FL 33404
$2,950,000 USD
561-351-1686
101 Sandal Ln, Palm Beach Shores, FL for Sale
$2,950,000 USD
Apartments - FOR SALE
1/25
null | 6.8% Cap Rate

101 Sandal Ln
Palm Beach Shores, FL 33404


HIGHLIGHTS

  • Directly across the street from beach access.

OVERVIEW

Prime Investment Opportunity in Palm Beach Shores – Steps from the Atlantic 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. One of the only barrier islands, which is surrounded by water on three sides, the Atlantic Ocean, Palm Beach Inlet and intracoastal waterway, Palm Beach Shores is a one of a kind marquee south Florida Island on the southern tip of Singer Island. With 2,825 sq. ft. of living space across three separate units, this property offers a variety of possibilities—whether for long-term rentals, multi-generational living, or future redevelopment. Property Features: * Unit 1: 1,700 sq. ft. | 3 Bed / 2 Bath | Spacious living area, full kitchen, and flexible floor plan * Unit 2: 725 sq. ft. | 1 Bed / 1 Bath | Open-concept design with a full kitchen * Unit 3: 400 sq. ft. | Studio / 1 Bath | Efficient layout with a full kitchen The oversized lot offers plenty of potential for redevelopment, with zoning that allows for a variety of residential uses. Whether you're looking to expand, renovate, or build new, this prime location provides endless possibilities. The property also includes a heated pool, tropical landscaping, and a shared full laundry closet for added convenience. Why Invest in 101 Sandal Lane? * Unbeatable location across from the beach, minutes to dining, shopping, and marinas * Flexible zoning offers potential for redevelopment or expansion * Rare opportunity in one of Palm Beach County’s most sought-after coastal enclaves Don't miss out on this exceptional investment—schedule your private showing today!

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$1,015 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,475,000

CAP RATE

6.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Sandy Shore

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,899 SF

ZONING

B - Multiple

APN/PARCEL ID

54-43-42-27-04-000-3380

ASK ABOUT THIS PROPERTY

Sean RasmusLogan Realty IncMore Info
561-351-1686

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Sean RasmusLogan Realty IncMore Info
561-351-1686

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.