PRICED AT ONLY: $4,850,000
Address: 1104 Highland Beach Drive, Highland Beach, FL 33487
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
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- MLS#: RX-11054512 ( Triplex )
- Street Address: 1104 Highland Beach Drive
- Viewed: 7
- Price: $4,850,000
- Price sqft: $0
- Waterfront: Yes
- Wateraccess: Yes
- Year Built: 1984
- Bldg sqft: 0
- Days On Market: 223
- Additional Information
- Geolocation: 26.4019 / -80.0676
- County: PALM BEACH
- City: Highland Beach
- Zipcode: 33487
- Subdivision: Eleven O Four Condo
- Provided by: Serhant
- Contact: Edward Michael Sullivan
- (561) 203-2762
- DMCA Notice
Features
Building and Construction
- Absolute Longitude: 80.067594
- Construction: CBS
- Exterior Features: Cabana, Deck, Open Balcony, Open Patio, Open Porch
- Flooring: Tile
- Roof: Comp Shingle
- Sqft Source: Tax Rolls
- Sqft Total: 5010.00
- Total Building Sqft: 4560.00
Property Information
- Property Condition: Resale
- Property Group Id: 19990816212116581394000000
Land Information
- Lot Description: 1/4 to 1/2 Acre, Cul-De-Sac
- Subdivision Information: Beach Club Available, Pool
Eco-Communities
- Private Pool: Yes
- Storm Protection Impact Glass: Complete
- Waterfront Details: Canal Width 81 - 120, Intracoastal
- Waterfront Frontage: 111
Utilities
- Carport Spaces: 3.00
- Cooling: Central Individual
- Heating: Central Individual
- Number Of Stories: 2.0
- Separate Elec Meters: Yes
- Separate Wtr Meters: Yes
- Utilities: Cable, Electric, Public Water
- Window Treatments: Blinds
Finance and Tax Information
- Homeowners Assoc: None
- Income Expenses Annual Net Oper Inc: 106000.00
- Income Expenses Annual Total Expense: 71000.00
- Income Expenses Gross Operating Inc: 177000.00
- Source Of Expenses: Owner
- Tax Year: 2024
Rental Information
- Tenant Pays: Cable, Electric, Water
Other Features
- Avail Info: Deposit, Leases
- Boat Services: Over 101 Ft Boat, Private Dock
- Country: United States
- Housing For Older Persons Act: No Hopa
- Legal Desc: ELEVEN-O-FOUR COND UNIT 3
- Multiple Ofrs Acptd: Yes
- Parcel Id: 24434704350000030
- Possession: At Closing
- Special Assessment: No
- Special Info: Sold As-Is
- View: Intracoastal
- Zoning: RML(ci
Nearby Subdivisions
Contact Info
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
