Property 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!
Overview
Property Type
Multi-family
Location
1104 Highland Beach Drive, Highland Beach, FL 33487
Zoning
RML(ci
MLS ID
R11054512
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
0
Total Baths
6
Flooring
Tile
Exterior
Stories
2
Water Source
Multiple Meters, Public
Utilities
Cable Available, Water Available
Pool
Gunite, Heated, Association
Roof
Composition
Lot Features
Cul-De-Sac, 1/4 to 1/2 Acre Lot
Heat Type
Central, Individual
Air Conditioning
Central Air
Amenities
Beach Rights, Pool
Other Exterior Features
Balcony, Outdoor Living Area
Details
Total Area
5,010 Sq.Ft.
Neighborhood
Delray Beach
Water Frontage
Canal Access, Intracoastal Access
View Description
Intercoastal
Financial
Price
$3,900,000
Real Estate Tax
$17,364/yr
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