1121 Bel Air Dr - Apartments FOR SALE


Highland Beach, FL 33487
$5,400,000 USD
917-748-4810
1121 Bel Air Dr, Highland Beach, FL for Sale
$5,400,000 USD
Apartments - FOR SALE
1/6
null | 4.77% Cap Rate

1121 Bel Air Dr
Highland Beach, FL 33487


HIGHLIGHTS

  • Exquisite 8000+sf quadrplex in Prestigious Boca Raton/Highland Beach,FL location with 50'Boating Dock and Private Deeded Beach Access
  • High Income Luxury Property. GREAT FOR INVESTORS, LIVEWORK, Pied-a-terre. Current Rents HAVE EXCELLENT UPSIDE POTENTIAL UPON LEASE RENEWAL IN 2025
  • 12/21/2024-Short Term Owner Financing Available

OVERVIEW

Exquisite 8000+sf quadrplex in Prestigious Boca Raton/Highland Beach,FL location with 50'Boating Dock and Private Deeded Beach Accessv Fully occupied quadraplex with leases expiring between Dec 2024- June 2025.Pr PRICE RECENTLY REDUCED FROM 5.9MM TO $5,400,000 (8.5% reduction) Owner can provide Short Term, 3 Year Seller Financing (40% Downpayment Required)

FOR SALE DETAILS

PRICE

$5,400,000 USD

PRICE/SF

$667 USD /SF

# OF UNITS

4

PRICE/UNIT

$1,350,000

CAP RATE

4.77%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Boca Raton Beach 4-plex Beauty_OwnerFin Avail

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1979

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,732 SF

ZONING

RML Boca Raton, FL

APN/PARCEL ID

24-43-47-04-02-001-0100

ASK ABOUT THIS PROPERTY

Harvey HeitWeichert Properties Soho NYCMore Info
917-748-4810

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Harvey HeitWeichert Properties Soho NYCMore Info
917-748-4810

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.