$4,850,000
$100K PRICE DROP

1104 Highland Beach Dr Highland Beach, FL 33487

Highland Beach Neighborhood

Estimated payment $28,517/month

Total Views 2,390
-- Bed
-- Bath
4,560 Sq Ft
$1,064 Price per Sq Ft

Highlights

  • Property fronts an intracoastal waterway
  • Gunite Pool
  • Deck
  • Boca Raton Community Middle School Rated A-
  • Canal Access
  • Balcony

About This Home

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

Listing Agent

Edward Sullivan

Serhant License #3480520

Serhant

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,364

Year Built

  • Built in 1984

Lot Details

  • Property fronts an intracoastal waterway
  • Cul-De-Sac

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,560 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Tile Flooring
  • Intracoastal Views

Outdoor Features

  • Gunite Pool
  • Canal Access
  • Balcony
  • Deck
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24434704350000030
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include trash
  • 3 Units
  • Eleven O Four Condo Subdivision

Building Details

  • Operating Expense $71,000
  • Net Operating Income $106,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,364

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: A1A to Highland Beach Drive, house is near the end of the street on cul-de-sac to the left.
  • Year Built: 1984
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 4560.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, Deck, Porch, Patio
  • View: Intercoastal
  • Lot Features: Cul-De-Sac
  • Pool Features: Gunite, Heated, Pool
  • Waterfront Features: Canal Access, Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Deck, Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Fee Information

  • Association Fee Includes: Trash

Lot Info

  • Parcel #: 24434704350000030
  • Lot Size: 1/4 to 1/2 Acre,Cul-De-S
  • Zoning Description: RML(ci

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 106000.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 71000.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 17364.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $17,364 $1,089,000 -- --
2023 $12,274 $617,100 $0 $0
2022 $9,510 $561,000 $0 $0
2021 $8,741 $510,000 $0 $510,000
2020 $8,911 $510,000 $0 $510,000
2019 $9,068 $505,000 $0 $505,000
2018 $8,344 $505,000 $0 $505,000
2017 $7,553 $435,000 $0 $0
2016 $7,122 $395,000 $0 $0
2015 $7,010 $370,000 $0 $0
2014 $6,980 $355,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Price Changed $4,850,000 -2.0% $1,064 / Sq Ft
01/21/2025 01/21/25 For Sale $4,950,000 -- $1,086 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,275,000 None Listed On Document
Warranty Deed $410,000 Gold Coast Title Company Ser
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $765,000 New Conventional
Source: Public Records

Source: BeachesMLS

MLS Number: R11054512

BeachesMLS

APN: 24-43-47-04-35-000-0030

Florida Palm Beach County Highland Beach 33487 Highland Beach

1104 Highland Beach Dr, Highland Beach, FL

Homes for Sale in Highland Beach, FL

This home is located at 1104 Highland Beach Dr, Highland Beach, FL 33487 and is currently priced at $4,850,000, approximately $1,063 per square foot. This property was built in 1984. 1104 Highland Beach Dr is a home located in Palm Beach County with nearby schools including J. C. Mitchell Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Agent
Edward Sullivan
Section Image
Serhant
(561) 532-2637