Quadruplex in 1121 Bel Air Drive, Highland Beach, FL 33487 with MLS# F10484606
NEW PRICE ADJUSTMENT! Now is your opportunity to own a prestigious quadplex with over 8,000 sq ft in the heart of Highland Beach, offering a luxurious coastal lifestyle paired 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, making it a prime investment for owner-residents or savvy investors. This quadplex generates an impressive annual income of over $350K, 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.
1121 Bel Air Drive, Highland Beach, FL 33487
Price
- Price:
- $4,900,000.00
- Original List Price:
- $5,400,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $609.38
- Close Price:
- $4,400,000.00
- Transaction closed on:
- May 13, 2026
Business Info
- Gross Scheduled Income:
- 350400
Property Status and Type
- Listing Type:
- Sold
- Status:
- Closed
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- May 18, 2026 5:04 pm
- Other Special Conditions:
- Sold As-is
Measures
- Living Area:
- 8,041 Sqft
- Built-Up Area:
- 9,311 Sqft
Property Features
- Waterfront:
- Yes
- Waterfront Features:
- Canal Front, Seawall, Intracoastal, Deeded Beach Access, Canal Width 121 Feet Or More, Canal Width 81–120 Feet
- Frontage Length:
- 60
- Private Pool
- Swimming Pool Features:
- Gunite, Heated, In Ground, Salt Water
- Exterior:
- Balcony
- Patio and Porch:
- Patio, Deck
- Windows:
- Blinds, Sliding
- Air Conditioning
- Air Conditioning System:
- Central Air, Ceiling Fan(s), Electric
- Heating
- Heating System:
- Central, Electric, Separate Meters
- Fence:
- Fenced
- Boat and Dock Features:
- Private Dock
- Balcony Details:
- Balcony - Wrap Around, Balcony - Open
- Sprinkler Description:
- Auto Sprinkler
- Storm Protection Details:
- High Impact Door, High Impact Windows
Construction
- Year Built:
- 1979
- Roof:
- Other, Metal
- Number of Units Total:
- 4
- Levels:
- Two
- Construction Materials:
- Stone Veneer, CBS
- Flooring:
- Tile, Wood
- Number of stories:
- 3
- Number of Units in the Community or Building:
- 4
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $63,183.00
- Tax Year:
- 2025
- Property Tax Details:
- No Homestead
Utilities
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Water Source:
- Public
Community
- Subdivision Name:
- Bel Lido
- Association Fee Includes:
- Pool Service
- Senior Community:
- No
- Community Dock
Terms
- Documents Available:
- Deposit - Security, Existing Survey, Copy Of Lease(s), Deposit - Last Months Rent
- Listing Terms Considered by Seller:
- Cash, Conventional, Owner Will Carry Points, Other
- Buyer Possession:
- Close Of Escrow
Zoning and Legal
- Tax Legal Description:
- BEL LIDO LT 10 BLK 1
- Real Estate Folio Number (Parcel Number):
- 24434704020010100
- Zoning:
- RML
Listing History
- Active on the market since:
- June 24, 2025
- Listing Agreement executed on:
- February 3, 2025
- Purchase Contract Date:
- March 29, 2026
- Price change occurred on:
- January 19, 2026 12:25 am
- Listing Status Last Changed On:
- May 18, 2026 5:03 pm
- Photos updated on:
- April 10, 2026 1:35 pm
- Last Modified:
- August 12, 2026 8:06 am
Additional Information
- Courtesy of:
- Signature International RE
- Attribution:
- Not provided
Location
- Street Name:
- Bel Air
- Street Number:
- 1121
- City:
- Highland Beach
- State:
- Florida
- Zip Code:
- 33487
- County:
- Palm Beach
- Latitude:
- N26° 23' 48.8''
- Longitude:
- W81° 55' 58.9''
- Street Suffix:
- Drive
Property Map
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$93,816
Median Home Value
$573,100
Median Rent
$2,382/mo
Median Age
53
Population
20,848
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