Luxury Highland Beach
For Sale
Contact for pricing
Pending
1121 Bel Air Dr, Highland Beach, FL 33487
Intercoastal fourplex with boat dock and ocean views.
Property Size8,000 SF
Days on Market974
Property Features for 1121 Bel Air Dr
General Information
Standard status
Pending
Size
8,000 SF
Class
A
Total Parking Spaces
8
Property subtype
Multifamily, Special Purpose
Zoning
RML
Occupancy
100%
Investment Type
Owner/User
Net Operating Income
$258,792
Building Details
Year Built
1979
Year Renovated
2020
Buildings
1
Stories
2
Units
4
Listing Agency:
Signature Commercial Real Estate
Listed By:
Harvey Heit · License #NY 10301218044
Source:
Crexi
Added: Dec 29, 2023
Changed: Aug 21
Last Checked: Aug 28 at 11:40PM
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
Investment Insights
Based on property information with market context.
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%.
Key Highlights
- 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%.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,242
Businesses Nearby
Explore this area
Business Placement
Demographics for 33487, FL
20,644
Population
13,644
Households
1.5
Avg Household Size
53
Median Age
60%
College-Educated
97%
High-School Grad
6.7 sq mi
ZIP Area
3,081
Density / Sq Mi
$93,816
Median Household Income
$48,927
Median Earnings
$2,382
Median Rent
$573,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
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%.
