1105 Bel Air Drive, Unit AD

Highland Beach, FL 33487

$4,200,000
Last Sold Price
Beds
4,741 Sq. Ft.
$886 / Sq. Ft.
4,741
Sq. Ft.
$886
per Sq. Ft.

Description

Rare beach-area waterfront investment opportunity with deeded beach access awaits in sought after Highland Beach on Bel Air Dr. This four-plex is extremely well maintained and features 100' of deep water on a wide canal, dock in excellent condition with enhanced shore power and new electrical, new roof 2022, impact glass, circuit power meters installed for electric car charging, and many upgrades including new pavers around the pool deck and an adjustable pool light package to suit your mood. Units,...Rare beach-area waterfront investment opportunity with deeded beach access awaits in sought after Highland Beach on Bel Air Dr. This four-plex is extremely well maintained and features 100' of deep water on a wide canal, dock in excellent condition with enhanced shore power and new electrical, new roof 2022, impact glass, circuit power meters installed for electric car charging, and many upgrades including new pavers around the pool deck and an adjustable pool light package to suit your mood. Units, each 2BR/2BA, have provided steady income for many years. No vacancies, appealing returns, units are rented upon listing with multiple offers. Enjoy sunrises & dreamy sunsets from your pool and dock. This distinctive waterfront income producing property is ideal for the discriminating investor.
  1. Listed by Holly B Thom • The Corcoran Group
  2. Listed by Michael J Thom • The Corcoran Group

Property Details for 1105 Bel Air Drive, Unit AD

Subdivision
BEL LIDO ESTATES CONDO
Waterfront
Yes
Waterfront Details
Interior Canal, Intracoastal Front, Navigable, No Fixed Bridges, Seawall
View
Canal, Pool
Style
WF/Pool/No Ocean Access

Location

Listing Courtesy of The Corcoran Group

Sold By The Corcoran Group

Add your commute
LISTING UPDATED: 10/20/2022 01:24 PM

Property Details for 1105 Bel Air Drive, Unit AD

StatusClosed
MLS #RX-10808935
Days on Market55
Taxes$7,094 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quad Plex
Year Built1974
Lot Size-
CountyPalm Beach County

Location

Listing Courtesy of The Corcoran Group

Sold By The Corcoran Group

Add your commute

Building Information for 1105 Bel Air Drive, Unit AD

Stories2Residences4Year Built1974Building Size-Lot Size-

Payment Calculator

$23,512 per month

30 year fixed, 7.25% Interest

Principal and Interest

$22,921

Property Taxes

$591

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1105 Bel Air Drive, Unit AD

Summary
Location and General Information
  • Boat Services: Electric Available, Private Dock, Up to 100 Ft Boat, Water Available
  • Property Condition: Resale
  • Development Name: BEL LIDO ESTATES CONDOMINIUM ASSOCIATION
  • Directions: Bel Air Dr off A1A, south of Linton Blvd and north of Spanish River. Property on the right.
  • Elementary School: Boca Raton Elementary School
  • Middle School: Boca Raton Community Middle School
  • High School: Boca Raton Community High School
  • Geo Area: Palm Beach 4150; 4160; 4170
  • Special Info: Sold As-Is
  • Street Number: 1105
  • Subdivision Complex Bldg: BEL LIDO ESTATES CONDO, BEL LIDO ESTATES CONDOMINIUM ASSOCIATION
  • Municipal Code: Highland Beach
  • Boat Access: Electric Available, Private Dock, Up to 100 Ft Boat, Water Available
  • State: FL
  • City Postal ID: 33487
  • MLS Area: 4150
  • MLS Sub Area: PB01
Parking
  • Carport Spaces: 0
  • Garage Spaces: 0
Taxes and HOA Information
  • Comm/Trans Brk: 2.5%
  • HOPA: No Hopa
  • Tax Year: 2021
  • Application Fee: $.00
  • HOA Dues: $0
Property
Lot Information
  • Area: 4150
  • HOA Amenities: Mandatory
  • Lot Description: 1/4 to 1/2 Acre
  • Parcel ID: 24434704440000030
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 6,052
  • Square Ft Source: Owner
  • Zoning: RML(ci
Property and Assessments
  • Legal Desc: BEL LIDO ESTATES COND UNIT 3
  • Sq Ft Liv Area: 4741.0
  • Legal Description: BEL LIDO ESTATES COND UNIT 3
Utilities
  • Utilities: Cable, Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction
  • Contingents: None
  • Exterior Features: Auto Sprinkler, Fence, Open Patio
  • Private Pool: Yes
  • Storm Protection: Impact Glass: Complete
  • Subdiv Amenities: Boating, Pool
  • Waterfrontage: 100
  • Gated Community YN: No
Interior Features
  • Roof: Other
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Cooling: Ceiling Fan, Central, Electric
  • Flooring: Carpet, Ceramic Tile, Marble, Other
  • Heating: Central, Electric
  • Window Treatments: Blinds, Hurricane Windows, Impact Glass, Plantation Shutters, Verticals
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $219,689.00
  • Income & Expenses: Annual Total Expense: $45,691.00
  • Income & Expenses: Gross Operating Inc: $265,380.00
  • Tenant Pays: Cable, Electric
Unit 1
  • Unit 1 Desc: A/C Unit, Dishwasher, Disposal, Dryer, Electric Meter, Kitchen, Laundry, Microwave, Range - Electric, Refrigerator, Screened Porch, Smoke Detector, W/D Hookup, Washer
  • Unit 1 Info: Bedrooms: 2
  • Unit 1 Info: Full Bath: 2
  • Unit 1 Info: Furnished: Yes
  • Unit 1 Info: Monthly Income: 6,000
  • Unit 1 Info: SqFt: 1100.0
  • Unit 1 Parking: Open Parking, Space Parking
Unit 2
  • Unit 2 Desc: A/C Unit, Dishwasher, Disposal, Dryer, Electric Meter, Kitchen, Laundry, Microwave, Range - Electric, Refrigerator, Screened Porch, Smoke Detector, W/D Hookup, Washer
  • Unit 2 Info: Bedrooms: 2
  • Unit 2 Info: Full Bath: 2
  • Unit 2 Info: Furnished: Yes
  • Unit 2 Info: Lease Ends: 05-31-2023
  • Unit 2 Info: Monthly Income: $6,000
  • Unit 2 Info: SqFt: 1100.0
  • Unit 2 Parking: Open Parking, Space Parking
Unit 3
  • Unit 3 Desc: A/C Unit, Dishwasher, Disposal, Dryer, Electric Meter, Kitchen, Laundry, Microwave, Range - Electric, Refrigerator, Screened Porch, Smoke Detector, W/D Hookup, Washer
  • Unit 3 Info: Bedrooms: 2
  • Unit 3 Info: Full Bath: 2
  • Unit 3 Info: Furnished: No
  • Unit 3 Info: Lease Ends: 12-31-2023
  • Unit 3 Info: Monthly Income: $5,000.00
  • Unit 3 Info: SqFt: 1126.0
  • Unit 3 Parking: Open Parking, Space Parking
Unit 4
  • Unit 4 Desc: A/C Unit, Dishwasher, Disposal, Dryer, Electric Meter, Kitchen, Laundry, Laundry Tub, Microwave, Range - Electric, Refrigerator, Smoke Detector, W/D Hookup, Washer
  • Unit 4 Info: Bedrooms: 2
  • Unit 4 Info: Full Bath: 2
  • Unit 4 Info: Furnished: No
  • Unit 4 Info: Lease Ends: 05-31-2023
  • Unit 4 Info: Monthly Income: $3,900.00
  • Unit 4 Info: SqFt: 1414.0
  • Unit 4 Parking: Open Parking, Space Parking
Agent
Agent Only
  • Selling Agent Full Name: Holly B Thom
  • Selling Office Branch ID: 607002
Rental
Rental Information
  • Pets on Premises: No
  • Other Fees: $0

Property History for 1105 Bel Air Drive, Unit AD

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1105 Bel Air Drive, Unit AD

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
J. C. Mitchell Elementary School
PublicPK to 5

Boca Raton Community Middle School
Public6 to 8

Boca Raton Community High School
Public9 to 12

Blue Lake Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of The Corcoran Group

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.