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140 Inlet Way #312, Palm Beach Shores, FL, 33404

3beds
4baths
2,600sqft
$5,990,000
$2,304price/sqft
$54,494/moest. monthly cost
$2,179,760/yrincome needed

About This Home

Oceanfront/Inlet penthouse w/straight south exposure, 2 units combined, stunning views of inlet and looking straight down Palm Beach Island's private beach. Exceptional location, backdrop and inlet activity versus eastern oceanfront views, especially at night with the inlet activity, cruise ships and Palm Beach mega yachts. 250' walk to walking path on the inlet and 1,000' to ocean. One garage space, one covered space and one open space. Completely remodeled residence with the ability to make this your own w/minimal personal touches to create 400 sq ft master on the inlet w/unmatched ocean view. Backdrop of the inlet and Palm Beach Island beachfront. Between the walking path behind the building and the mega yachts that come and go, activity abounds, providing so much more than a direct east oceanfront horizon view. Talk about the best of both worlds. Keep your yacht at Sailfish just a minute or two to the west.

Getting Around

33
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

5/10
Lincoln Elementary SchoolGrades PK-52.4 mi
4/10
6/10
William T. Dwyer High SchoolGrades PK,9-128.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1989

Materials

  • Foundation: Slab
  • Roof: Built-Up,Composition,Flat
  • Construction materials: Block,Stucco

Other

  • Builder model: unit 312 & 313

Type & Style

  • Home type: Condo
  • Architectural style: Art Deco
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Cooktop,Dryer,Dishwasher,Electric Cooktop,Electric Range,Electric Water Heater,Disposal,Microwave,Refrigerator,Water Heater,Washer
  • Laundry features: Washer Hookup,Electric Dryer Hookup,Inside,Main Level,Laundry Room,In Unit,Washer Dryer Install Allowed

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 3
  • Main level bedrooms: 4

Features

  • Built-in Features,Closet Cabinetry,Dual Sinks,Entrance Foyer,Eat-in Kitchen,Elevator,Family/Dining Room,Kitchen Island,Custom Mirrors,Multiple Primary Suites,Pantry,Sitting Area in Primary,Split Bedrooms,Storage,Walk-In Closet(s)
  • Window features: Blinds,Double Pane Windows,ENERGY STAR Qualified Windows,Insulated Windows,Skylight(s),Sliding,Storm Window(s),Tinted Windows,Triple Pane Windows
  • Flooring: Ceramic Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 2,600
  • Total interior livable area: 2,600 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 54434234190020034
  • Zoning: 0400-condominiu
  • Special condition: Standard,Listed As-Is

Features

  • Levels: One
  • Stories: 1
  • Entry location: north side of building
  • Private pool: Yes
  • Pool features: Automatic Chlorination,Concrete,Fenced,Free Form,Gunite,In Ground,Lap,Other,Association,Heated
  • Patio & porch: Covered,Balcony
  • Exterior features: Awning(s),Balcony,Outdoor Living Area,Storage
  • Fencing: Gate,Perimeter,Privacy,Security
  • Has view: Yes
  • View description: Beach,Intercoastal,Ocean,Water
  • Has water view: Yes
  • Water view: Beach,Intercoastal,Ocean,Water
  • On waterfront: Yes
  • Waterfront features: Bayfront,Intracoastal Access,Navigable Water,Ocean Access,Ocean Front,Riprap
  • Frontage type: Waterfront
  • Frontage length: 225.00,225.00

Lot

  • Lot size: 1.37 Acres
  • Features: Sprinklers Automatic
  • Lot size dimensions: 225' x 265'

Parking

  • Total spaces: 5
  • Parking features: Attached Carport,Assigned,Asphalt,Attached,Converted Garage,Common,Covered,Carport,Deeded,Driveway,Garage,Garage Door Opener,Guest,Shared Driveway,See Remarks
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 3
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Tsunami

FEMA Declared Disasters in Palm Beach County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $30,288$363,456
Home Insurance *$14,189$170,268
Property Taxes $9,756$117,072
Electricity $261$3,139
Total$54,494$653,928
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,868,365/yr
40% on housing$1,634,820/yr
45% on housing$1,453,173/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,304This listing

vs Other Active Listings

Avg $/sqft

ZIP 33404$402
Palm Beach County$443

vs Homes Sold Last Month

Median $/sqft

ZIP 33404$285
Palm Beach County$365

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-06-30Listed for sale$5,990,000
2025-06-20Listing removed$5,990,000
2024-12-27Listed for sale$5,990,000
2018-05-21Sold$700,000
2018-02-06Price change$799,000
2018-01-18Listed for sale$849,999
2007-07-11Sold$660,000

For Sale by Agent

AgentJohn F O'Mahony
BrokerageIllustrated Properties LLC (Co

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