Home » Highland Beach » 1104 Highland Beach Drive, Highland Beach, FL 33487 | R11054512/RX-11054512

Triplex For Sale 1104 Highland Beach Drive, Highland Beach, FL 33487

$4,950,000

Property Highlights

Listing ID R11054512/RX-11054512 Status of this Listing: Active For Sale Property Type Residential Income (Multifamily 2-4) Triplex Living Space 4,560 Sqft/423.64 m2 approx. Building Area 5,010 Sqft/465.44 m2 approx. POOL Year Built 1984 Waterfront Time of this property on Rebonus 11 Day(s)

1104 Highland Beach Drive, Highland Beach, FL 33487

Property Description: 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

Useful Info

Original List Price:$4,950,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Features:
  • Cul-de-sac

Construction

Year Built Details:
  • Resale
Number of Units Total:3
Property Condition:
  • Resale
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Tile
Stories:2

Property Features

View from the Property:
  • Intercoastal
Waterfront:Yes
Waterfront Features:
  • Intracoastal Access
  • Canal Access
Swimming Pool Features:
  • Gunite
  • Heated
  • Pool
Exterior Features:
  • Deck
  • Balcony
  • Porch
  • Patio
Patio and Porch Features:
  • Patio
  • Deck
  • Balcony
  • Open
  • Porch
Roof:
  • Shingle
  • Composition
Window Features:
  • Blinds
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$17,364

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2024

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Buyer Possession:
  • Close Of Escrow
Tenant Pays:
  • Exterior Electric
  • Water
Lease Considered:No

Community

Subdivision Name:ELEVEN-O-FOUR CONDO
Community Features:
  • Non-gated
Association Fee Includes:
  • Trash
Complex Name:ELEVEN-O-FOUR CONDO
Senior Community:No
Restrictions:Ok To Lease

Parking

Covered Spaces:0

Utilities

Utilities Available:
  • Cable Available
  • Electricity Available
  • Water Available
Water Source:
  • Public

More Details

Other Information:
Housing Older Persons ActNo HOPA
Data exchange original Listing NumberRX-11054512
Ref1103131308

Zoning and Legal

Tax Legal Description:ELEVEN-O-FOUR COND UNIT 3
Real Estate Folio Number (Parcel Number):24434704350000030
Zoning Description:RML(ci

Listing History

Update/EventDate/Days
Published Date:January 21, 2025 12:17 pm
On Market Date:January 21, 2025
Listing Contract Date:January 21, 2025
Last Important Update Description:New Listing
Date and Time of Last Important Update:January 21, 2025 12:25 pm
Status Last Changed:January 21, 2025 12:00 am
Photos Last Modified:January 21, 2025 7:36 pm
Last Modified:January 29, 2025 4:53 pm
Days on the Market Reference Date:January 29, 2025
Days on the Market (updated on Last Modified*):8
Cumulative Days on the Market (updated on Last Modified**):1

Additional Information

Lot Size Range:Cul-De-Sac Lot,
Number of Photos:41
Location:,
Included:,,
Geographical Area:Palm Beach 4150; 4160; 4170
Area:4150
Automated Valuation Display:Yes
Courtesy of:Serhant
Universal Property Id:US-12099-N-24434704350000030-R-N

Location

Show Property Address:Yes
Street Name:Highland Beach Drive
Street Number:1104
Street Address:1104 Highland Beach Drive
City : Highland Beach
State : Florida
Zip Code : 33487
County : Palm Beach
Full Address:1104 Highland Beach Drive, Highland Beach, FL 33487
Latitude:N26° 24' 7''
Longitude:W81° 55' 56.7''

Neighborhood

Postal City:Highland Beach

Property Map