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.

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Days on the market

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

Air Quality

Source: AirNow.gov · West Palm Beach

🌬️ Air Quality Index (AQI) 39 Good
☀️ O3 32 Good
🫁 PM2.5 39 Good
💨 PM10 19 Good
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Association of REALTORS®
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