1121 Bel Air Drive

Highland Beach, FL 33487

$5,900,000
Price
Beds
8,041 Sq. Ft.
$734 / Sq. Ft.
8,041
Sq. Ft.
$734
per Sq. Ft.

Description

Nestled within the prestigious City of Highland Beach, lies an exquisite fourplex boasting over 8000 sq ft of opulent space, it's an absolute masterpiece set against the serene intercoastal waters with a boat dock of 70 ft long. This property comprises 4 individual townhomes, each w/ fireplace & garage. Unit#4 is considered the crown jewel as it spans three stories with the Primary bedroom on the 3rd floor where you can ascend to the rooftop, to discover a breathtaking panorama of the ocean. In summary,...Nestled within the prestigious City of Highland Beach, lies an exquisite fourplex boasting over 8000 sq ft of opulent space, it's an absolute masterpiece set against the serene intercoastal waters with a boat dock of 70 ft long. This property comprises 4 individual townhomes, each w/ fireplace & garage. Unit#4 is considered the crown jewel as it spans three stories with the Primary bedroom on the 3rd floor where you can ascend to the rooftop, to discover a breathtaking panorama of the ocean. In summary, this remarkable property is not only an example of luxury coastal living but also an exceptional investment opportunity. Generating a new impressive annual income of over $350K. It not only offers the lifestyle of your dreams but also serves as a lucrative source of revenue.
  1. Listed by Lorena Moscoso • Signature International RE

Property Details for 1121 Bel Air Drive

Subdivision Name
BEL LIDO
Style
Fourplex
Waterfront
Yes
Waterfront Description
Canal Width 121 Feet Or More, Canal Width 81-120 Feet, Intracoastal Front, Seawall
Waterfront Footage
Canal Width 121 Feet Or More,Canal Width 81-120 Feet,Intracoastal Front,Seawall

Location

Listing Courtesy of Signature International RE
Add your commute
LISTING UPDATED: 05/08/2024 01:46 PM

Property Details for 1121 Bel Air Drive

StatusActive
MLS #F10357865
Days on Market531
Taxes$58,878 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1979
Lot Size-
CountyPalm Beach County

Building

Bel Lido

3 StoriesBuilt in 1979

Location

Listing Courtesy of Signature International RE
Add your commute

Building Information for 1121 Bel Air Drive

Stories3Residences-Year Built1979Building Size-Lot Size-

Payment Calculator

$37,105 per month

30 year fixed, 7.25% Interest

Principal and Interest

$32,199

Property Taxes

$4,907

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1121 Bel Air Drive

General Information
General Information
  • Sq Ft Liv Area: 8041.0
  • Sq Ft Total: 9311
  • Information Available: Deposit - Last Months Rent, Copy Of Lease(S)
  • Township Range: 43
  • Street Number Numeric: 1121
  • Street Number: 1121
  • Street Direction Prefix: S
  • Street Name: Bel Air Dr
  • County Or Parish: Palm Beach County
  • Postal Code: 33487
  • City and Location Text: Highland Beach
  • Pets On Premises YN: Yes
  • City Postal ID: 33487
  • Price Per Square Foot: $0
Maintenance / Tax Information
  • Tax Amount: $58,878
  • Tax Information: Tax Reflects No Homestead Tax
  • Tax Year: 2023
Building Information
  • Property Type: Residential Income
  • Property Type Information: Attached, Old Spanish
  • Subdivision Complex Bldg: BEL LIDO
  • Total Units: 4
  • Type of Property: Fourplex
  • Year Built Numeric: 1979
  • Year Built Description: Resale
  • MLS Area: 4150
Virtual Tour / Features / Utilities
Interior
  • Floor Description: Marble Floors, Tile Floors, Wood Floors
  • Spa: No
  • Flooring: Marble Floors, Tile Floors, Wood Floors
Exterior
  • Exterior Features: Fence, Open Balcony, Patio
  • Construction Type: Cbs Construction
  • Pool: Yes
  • Pool Description: Below Ground Pool, Heated
  • Roof Description: Other Roof
  • Sprinkler Description: Auto Sprinkler
  • Windows Treatment: Blinds/Shades, Impact Glass, Sliding
  • Construction: Cbs Construction
  • Roof: Other Roof
Waterfront
  • Water Access: Deeded Beach Access, Private Dock
  • Waterfront Frontage: 50
  • Water Description: Municipal Water
Utilities
  • Cooling Description: Ceiling Fans, Central Cooling, Electric Cooling
  • Heating Description: Central Heat, Electric Heat
  • Cable Available: Yes
  • Separate Meter: Yes
  • Sewer Description: Municipal Sewer
Property / Lot Information
Building Information
  • Unit Count: 4
  • Type of Association: None
  • Zoning Information: RML
  • Num Parking Spaces: 12
  • Num Stories: 3
Community Information
  • Gated Community YN: No
  • Property Management: No
Location Information
  • Area: 4150
  • Directions: Bel Air Dr off A1A, south of Linton Blvd and north of Spanish River. Property will be on the right.
  • Geographic Area: Palm Beach 4150; 4160; 4170
  • Parcel Number Free Text: 24434704020010100
  • Section: 4
  • State: FL
Lot Information
  • Lot Description: 1/4 To Less Than 1/2 Acre Lot
Multi Family Information
Expense Information
  • Exp Incl Electric: Yes
  • Exp Incl Extermination: Yes
  • Exp Incl Insurance: Yes
  • Exp Incl Lawn Maintenance: Yes
  • Exp Incl Management: Yes
  • Exp Incl Pool Service: Yes
  • Exp Incl Retax: Yes
  • Exp Incl Trash: Yes
  • Exp Incl Water Sewer: Yes
  • Total Expenses: $84,920
Income Information
  • Gross Rent Income: $350,400
Rent Information
Rent Information
  • Rent Includes: Lawn Care, Pest Control, Pool Maintenance

Property History for 1121 Bel Air Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1121 Bel Air Drive

Taxable ValueLand$1,526,306Additions$2,245,994Total$3,772,300
Tax Record2023$58,878 ($4,907 / month)
Home Facts
Baths10Total Finished SqFt3,618 SqFtAbove Grade Finished SqFt3,618 SqFtStories2Lot Size14,789 SqFtStyleQuadraplexYear Built1979Year Renovated2005ZoningRMLCountyPALM BEACHAPN24-43-47-04-02-001-0100

Schools near 1121 Bel Air Drive

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.

Similar Homes

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1121 Bel Air Drive is a multi-family home for sale in Highland Beach, FL 33487. This property was listed for sale on November 26, 2022 by Signature International RE, it's currently listed at $5,900,000. It has been on the market for a total of 531 days and was last sold on April 15, 2021. This listing's school district is Palm Beach. Nearby schools include J. C. Mitchell Elementary School, Boca Raton Community Middle School and Boca Raton Community High School. 1121 Bel Air Drive is a 0-bed, 0-bath, 8,041 sqft multi-family home built in 1979.

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 Signature International RE

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.