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    FOR SALE
    Quadplexes

    1121 Bel Air Dr Highland Beach, FL 33487

    Built 1979
    Entity Owned 5-yr Hold
    Property ID
    US18-6339856
    1121 Bel Air Dr, Highland Beach, FL 33487 For Sale 1 / 29
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    1121 Bel Air Dr, Highland Beach, FL 33487
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    Property summary
    AI-generated overview

    JANUARY 16, 2026— (OWNER SAYS SELL IT AND REDUCES PRICE BY $1.0 MILLION LESS THAN ORIGINAL ASK OF $5.900,000 BACK IN NOVEMBER OF 2024 Nestled within the prestigious City of Highland Beach/Boca Raton (in Palm Beach County) lies an exquisite fourplex property boasting over 8000 square feet of opulent space, it's an absolute masterpiece set against the backdrop of the serene intercoastal waters. This property comprises 4 individual townhomes, each w/ fireplace & garage.* Three of the townhomes have 3 BRs/2.5 baths. The crown jewel spans three stories and boasts 3 BRs/3.5 baths. Ascend to the rooftop, and you'll discover a breathtaking panorama of the ocean. And for you boating enthusiast, the property also includes a 50-60 foot Intercoastal boating dock for both one big boat or several smaller boats and very easy Ocean Access at Highland Beach. Great Property for Owner User, Investors Boat Owners, Private Beach lovers. Can now also be used as Air B&B. POTENTIAL INCOME OF $516K FOR 2026 and PROJECTED CAP RATE OF 8.0%. In summary, this remarkable property is not only an example of luxury coastal living but also an exceptional investment opportunity. . It not only offers the lifestyle of your dreams but also serves as a lucrative source of revenue.

    Property profile
    Verified
    Property type Quadplexes
    Year built 1979
    UPID US18-6339856
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Mandalco LLC · 5 yrs held
    Mandalco LLC
    since 2021
    1 recorded transaction
    2021
    $3.9M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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