$4,950,000
For Sale

1104 Highland Beach Drive

Highland Beach, FL 33487
4560 sqft | #RX-11054512
Browse 40 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

One-of-a-kind opportunity to own the only multi-family complex available in Highland Beach! This is a beautiful turnkey investment property with great cashflow and potential appreciation. You have three fully renovated units which consist of 2 bedrooms and 2 bathrooms each with their own laundry, balconies and a brand new 2025 roof. Each unit also comes equipped with their own garage, private airconditioned pool cabana and all the units have access to the Bel Lido gated beach entrance. With well over 100 FT of waterfrontage, you have long range views of the direct intracoastal. 2 of 3 units are rented with one vacancy. We are currently marketing that unit for rent for $11,000/monthly. There are increased rent possibilities with new tenants and offering the boat slips! Perfect 1031 exchange, development opportunity or simple buy and hold. Do not wait to schedule a showing today!

  • Property Details
      • Utility FeaturesCable Connected, Electricity Connected, Public Water
      • Exterior FeaturesCabana, Deck, Open Balcony, Open Patio, Open Porch
      • Exterior MaterialsCabana, Deck, Open Balcony, Open Patio, Open Porch
      • Lot Features1/4 to 1/2 Acre, Cul-De-Sac
      • Lot Description1/4 to 1/2 Acre, Cul-De-Sac
      • SubdivisionELEVEN-O-FOUR CONDO
      • CoolingCentral Individual
      • ViewIntracoastal
      • Pool FeaturesPrivate Pool
      • Property TypeMulti-Family
      • RoofComposition
      • MLS #RX-11054512
      • MLS #RX-11054512
      • CountyPalm Beach
      • Original List Price$4,950,000
      • Taxes Annual$17,364
      • Cost4950000
      • Property SubtypeTriplex
      • ZoningRML(ci
      • Square Feet4560
      • Year Built1984
      • Stories2
      • Pool1
      • Waterfront1

Location

Angie Cloutier | Cre8tive Realty IncReal Estate Group

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