Modern Living Group
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$3,199,000ACTIVE

112 Claremont Lane, Palm Beach Shores, FL 33404

beds8baths5,400sq ft$592/ sq ft
THE RESIDENCE

About this home

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. 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 supply-constrained coastal market 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 sought-after island communities.

THE DETAILS

Property details

List Price$3,199,000
Price / Unit$799,750
Units4
Cap Rate7.46%
Gross Income$386,864/yr
Net Operating Income$238,652
Inside Sq Ft5,400
Year Built1978
ConstructionBlock
FlooringVinyl
ZoningDISTRI
Property TypeQuadruplex
MLS #R11151571
StatusActive
Original List Price$3,499,500
GRM8.3
Tenant PaysOwner pays all utilities
Stories2
Show all details (6 more)
Lot Size0.20 acres
WaterfrontNo
Days on Market154
Annual Taxes$25,375
CityPalm Beach Shores
Zip Code33404
LOCATION

Where you'll live

Jonathan Santiago
FEATURED AGENT
Jonathan Santiago
Luxury Specialist

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BeachesMLSListing courtesy of Logan Realty Inc · rhys@loganrealtyinc.com. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.