For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
The Largest CRE Database in the US with Over 1 Million Listings

1121 Bel Air Dr Highland Beach, FL 33487

View on Map
Claim this Listing
Loading data...
Loading data...
Loading data...
For Sale
Contact for pricing

Intercoastal fourplex with boat dock and ocean views.

Type:Multifamily, Special Purpose
Property size:
8,000 SF
Added:
Dec 29, 2023
Days on Market:
838
Last Refresh:
Mar 17 at 1:24 pm

Property Features for 1121 Bel Air Dr

General Information

Standard status
Active
Size
8,000 SF
Property subtype
Multifamily, Special Purpose

Building Details

Year Built
1979

We can help!

Listing Contact
Harvey Heit

Listing agent Harvey Heit License #NY 10301218044

Listing office Signature Commercial Real Estate

Listing date Dec 29, 2023

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Signature Commercial Real Estate


Overview

Luxury Highland Beach Fourplex

Located in Highland Beach near Boca Raton, this fourplex property offers over 8000 square feet of space. The property consists of four individual townhomes, each with a fireplace and garage. Three of the townhomes feature three bedrooms and two and a half bathrooms. The remaining townhome spans three stories and includes three bedrooms and three and a half bathrooms. A rooftop provides panoramic ocean views. A 50-60 foot intercoastal boating dock accommodates one large boat or several smaller boats, offering easy ocean access. The property is suitable for owner-users, investors, boat owners, and private beach enthusiasts and can be used as an Air B&B. The property is projected to generate potential income of $516,000 for 2026, with a projected cap rate of 8.0%.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Highland Beach
County
Palm Beach
State
Florida
Longitude
-80.0670218
Latitude
26.3969257

FAQs

What type of property is this?
Quadplex - Intercoastal fourplex with boat dock and ocean views.
Where is this quadplex located?
The property is located at 1121 Bel Air Dr Highland Beach, FL.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Intercoastal waterfront property with a **50‑60 foot dock and easy ocean access**.; Fourplex property with over 8000 sq ft, comprised of 4 individual townhomes, each with a fireplace and garage.; Potential income of $516K for 2026 and a projected cap rate of 8.0%.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message