1121 Bel Air Dr Highland Beach, FL 33487
Highland Beach NeighborhoodEstimated payment $34,989/month
Highlights
- 60 Feet of Waterfront
- Gunite Pool
- Deck
- Boca Raton Community Middle School Rated A-
- Canal Access
- Marble Flooring
About This Home
You can now own a prestigious quadplex with over 8000 sq ft in the heart of Highland Beach, offering a luxurious coastal lifestyle with exceptional income potential. Nestled along the serene Intracoastal waters with deeded beach access, this one-of-a-kind property is just minutes from Downtown Delray & Boca Raton, making it a prime investment for owner-residents or savvy investors. This quadplex generates an impressive annual income of over $354K, making it a highly desirable asset in the rental market. Perfect for Owner-Resident Investors, live in one and rent out the others, or capitalize on this high-demand rental property. This property is ideal for owner-residents looking to offset costs or investors seeking a lucrative revenue stream.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $58,879
Year Built
- Built in 1979
Lot Details
- 60 Feet of Waterfront
- Property fronts an intracoastal waterway
- Fenced
- Sprinkler System
Parking
- 10 Parking Spaces
Home Design
- Quadruplex
- Metal Roof
- Stone
Interior Spaces
- 8,041 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Blinds
- Sliding Windows
- Impact Glass
Flooring
- Wood
- Marble
- Tile
Pool
- Gunite Pool
- Saltwater Pool
Outdoor Features
- Canal Access
- Seawall
- Balcony
- Deck
- Open Patio
- Wrap Around Porch
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- 4 Units
- Bel Lido Subdivision
Listing and Financial Details
- Rent includes pest control, pool
- Assessor Parcel Number 24434704020010100
Map
Home Values in the Area
Average Home Value in this Area
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 | $60,263 | $3,775,846 | -- | -- |
| 2023 | $58,879 | $3,578,307 | $0 | $0 |
| 2022 | $53,715 | $3,253,006 | $0 | $0 |
| 2021 | $30,054 | $1,846,683 | $1,150,000 | $696,683 |
| 2020 | $26,853 | $1,531,503 | $1,000,000 | $531,503 |
| 2019 | $30,293 | $1,683,445 | $1,150,000 | $533,445 |
| 2018 | $27,133 | $1,584,092 | $1,057,282 | $526,810 |
| 2017 | $27,504 | $1,605,542 | $1,006,935 | $598,607 |
| 2016 | $25,691 | $1,422,652 | $0 | $0 |
| 2015 | $20,286 | $1,021,574 | $0 | $0 |
| 2014 | $19,628 | $1,029,891 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/03/2025 02/03/25 | For Sale | $5,400,000 | +28.6% | $672 / Sq Ft |
| 04/15/2021 04/15/21 | Sold | $4,200,000 | 0.0% | $522 / Sq Ft |
| 03/16/2021 03/16/21 | Pending | -- | -- | -- |
| 12/09/2020 12/09/20 | For Sale | $4,200,000 | +110.0% | $522 / Sq Ft |
| 12/11/2015 12/11/15 | Sold | $2,000,000 | -28.6% | $249 / Sq Ft |
| 11/11/2015 11/11/15 | Pending | -- | -- | -- |
| 07/12/2015 07/12/15 | For Sale | $2,800,888 | -- | $348 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,936,846 | Attorney | |
| Warranty Deed | $2,000,000 | Attorney | |
| Warranty Deed | $1,125,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $475,000 | New Conventional | |
| Previous Owner | $528,700 | Unknown | |
| Previous Owner | $100,000 | New Conventional | |
| Previous Owner | $528,700 | New Conventional |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10484606
APN: 24-43-47-04-02-001-0100
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