$5,900,000
Highland Beach, FL 33487
MLS# FX-10357865
8041 sqft
1 / 98
Property 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. The Unit#4 considered as the crown jewel 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 an impressive annual income of $342K. It not only offers the lifestyle of your dreams but also serves as a lucrative source of revenue.
Details
Maps
Contract Information
Listing Date: 2022-11-26
Status: Active
Original List Price: 5900000
List Price: $5,900,000
Current Price: $5,900,000
List Price/SqFt: 733.74
Comm/Non-Rep: 0.1%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Quad Plex
Total # of Units: 4
Property Condition: Resale
Year Built: 1979
Number of Stories: 3
SqFt - Total: 9311
SqFt - Living: 8041
Homeowners Assoc: None
Directions: Bel Air Dr off A1A, south of Linton Blvd and north of Spanish River. Property will be on the right.
Subdivision: BEL LIDO
Waterfront: Yes
Waterfrontage: 50
Private Pool: Yes
Spa: No
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Location, Tax & Legal
Area: 4150
Geo Area: PB01
Country: United States
County: Palm Beach
Parcel ID: 24434704020010100
Street #: 1121
Street Dir: S
Street Name: Bel Air
Street Suffix: Drive
State/Province: FL
Zip Code: 33487
Short Sale: No
REO: No
HOPA: No Hopa
Legal Desc: BEL LIDO LT 10 BLK 1
Zoning: RML
Tax Year: 2023
Taxes: 58878
Geo Lat: 26.396894
Geo Lon: -80.066963
Office/Member Info
DXORIGMLNO: F10357865
DXORIGMLSID: FLL
Unit 1 Info
Bedrooms: 3
Full Bath: 2
Half Bath: 1
SqFt: 1569
Monthly Income: 7000
Unit 2 Info
Bedrooms: 3
Full Bath: 2
Half Bath: 1
SqFt: 2049
Monthly Income: 6000
Unit 3 Info
Bedrooms: 3
Full Bath: 2
Half Bath: 1
SqFt: 1666
Monthly Income: 6500
Unit 4 Info
Bedrooms: 3
Full Bath: 3
Half Bath: 1
SqFt: 2757
Monthly Income: 9500
Income & Expenses
Gross Operating Inc: 342000
Annual Total Expense: 84920
Property Features
Construction: CBS
Waterfront Details: Intracoastal; Seawall; Canal Width 81 - 120; Canal Width 121+
Private Pool Description: Heated; Inground
Lot Description: 1/4 to 1/2 Acre
Exterior Features: Auto Sprinkler; Fence; Open Balcony
Maintenance Fee Incl: Common R.E. Tax; Electric; Insurance-Other; Lawn Care; Management Fees; Pest Control; Pool Service; Sewer; Trash Removal; Water
Flooring: Carpet; Marble; Wood Floor
Cooling: Ceiling Fan; Central
Heating: Central
Roof: Other
Boat Services: Private Dock
Terms Considered: Cash; Conventional
Utilities: Cable; Public Sewer; Public Water
Window Treatments: Blinds; Impact Glass; Sliding
Special Info: Sold As-Is; Survey
Taxes: No Homestead
Avail Info: Deposit Last Month; Leases
Listing Office: Signature International RE
Last Updated: April - 17 - 2024
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Sunday 28th of April 2024 10:53 PM