112 Claremont Lane, Palm Beach Shores, FL 33404

$3,299,000

Virtual Tour

https://www.propertypanorama.com/112-Claremont-Lane-1-Palm-Beach-Shores-FL-33404/unbranded

Property Type: Residential Income Square Footage: 5,736 Status: Active

Current Price: $3,299,000 List Date: 1/05/2026 Last Modified: 4/20/2026

Overview

Description

Rare multifamily opportunity on iconic Singer Island / Palm Beach Shores. This well-located four-unit residential income property is just minutes from the beach, Intracoastal Waterway, dining, and shopping. The property features four spacious 2 bedroom 2 bath units, solid construction, on-site parking, and strong rental demand in a supply-constrained coastal market. Ideal for long-term or seasonal rentals, this asset offers stable income with upside potential through rental optimization or updates. Prime island location with convenient access to Palm Beach, downtown West Palm Beach, major highways, and Palm Beach International Airport. A unique opportunity to own a coastal four-plex in one of South Florida's most desirable island communities.

Supplements: Rare multifamily opportunity on iconic Singer Island / Palm Beach Shores. This four-unit residential income property features CBS construction with impact glass, brand-new kitchens and bathrooms, and 8 on-site parking spaces. The property consists of four spacious 2-bedroom, 2-bath units and is turnkey for immediate rental operation. Situated in a ... (Read more)

Listing Details MLS# R11151571

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 5736
Building Area Source: Appraiser
Living Area Main: 5400
Year Built: 1978
Gated Community YN: No
Lot Size Area: 8500
Lot Size Acres: 0.2
Senior Community YN: No
Stories: 2
Pool Private YN: No

Property Features

Association Amenities: None Association Fee Includes: Electricity; Hot Water; Pest Control; Trash; Water Documents Available: None Flooring: Vinyl Property Condition: Resale Structure Type: Quadruplex Tenant Pays: None Source Of Expenses: Owner Provided Construction Materials: CBS Cooling: Central Air Heating: Central Listing Terms: Cash; Conventional Other Structures: Outbuilding; Shed(s) Possession: Close Of Escrow Roof: Mansard Sewer: Public Sewer Storm Protection Details: None Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Window Features: Blinds; Drapes Showing Requirements: Call Listing Agent; Schedule Online Unit 1 Appliances: Dishwasher Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 2 Appliances: Dishwasher Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Parking Space Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: Parking Space Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 3499500
Negotiable Seller Concessions YN: No

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 112
Street Name: Claremont
Street Suffix: Lane
City Name: Palm Beach Shores
State Or Province: FL
Postal Code: 33404
Postal Zip: 33404
Subdivision Name: PALM BEACH SHORES
Area: 5240
Geographic Area: PB28
Elementary School: Lincoln
Middle Or Junior School: John F. Kennedy (Palm Beach)
High School: William T. Dwyer
Special Assessment YN: No
Parcel Number: 54434227040001270
Zoning: DISTRI
Directions: I-95 to E Blue Heron, East over the Intracoastal bridge, then Right on Lake Drive

Financial Information

Tax Annual Amount: 25375
Tax Year: 2025
Tax Legal Description: PALM BEACH SHORES LT 127

Status Change Information

Major Change Timestamp: 2026-04-10T19:28:06Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-04-10T19:28:06Z
Status Change Date: 2026-01-05

More Information

Meter Information

Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Annual Total Expense: 148211
Gross Income: 386864
Net Operating Income: 238652

Showing Details

Pet(s) on Premises: No

Unit 1 Details

Actual Rent: 9608
Baths Full: 2
Furnished: Furnished
SqFt: 1350

Unit 2 Details

Actual Rent: 7984
Baths Full: 2
Furnished: Furnished
SqFt: 1350

Unit 3 Details

Actual Rent: 6062
Baths Full: 2
SqFt: 1350

Unit 4 Details

Actual Rent: 7398
Baths Full: 2
SqFt: 1350

Price Calculations

Current Price To SqFt: 629.44

Originating Details

Originating System Key: 20251230173840594826000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

None: Yes

Association Fee Includes

Electricity: Yes
Hot Water: Yes
Pest Control: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Flooring

Vinyl: Yes

Property Condition

Resale: Yes

Documents Available

None: Yes

Structure Type

Quadruplex: Yes

Tenant Pays

None: Yes

Other Structures

Outbuilding: Yes
Shed(s): Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes
Water Available: Yes

Heating

Central: Yes

Water Access

None: Yes

Window Features

Blinds: Yes
Drapes: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Mansard: Yes

Water Source

Public: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

Central Air: Yes

Showing Requirements

Call Listing Agent: Yes
Schedule Online: Yes

Storm Protection Details

None: Yes

Tax Information

City/County: Yes

Unit 1 Appliances

Dishwasher: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 2 Appliances

Dishwasher: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes

Unit 3 Parking Features

Parking Space: Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes

Unit 4 Parking Features

Parking Space: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Listing Office: Logan Realty Inc

Last Updated: April - 20 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

112 Claremont Lane, Palm Beach Shores, FL 33404 (MLS# R11151571)