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Business Opportunity - BEL LIDO for Sale

1121 S BEL AIR DR, HIGHLAND BEACH, FL 33487

Asking Price$5,900,000

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  • Living 8041sqft
  • Year Built 1979
  • Days on market:

    182 day(s)
  • Price per sqft:

    $733.74
  • Tax Legal Description:

    BEL LIDO LT 10 BLK 1
  • Tax Year:

    2022
  • Property Type:

    Business Opportunity
  • Style:

    Fourplex
  • Waterfront:

    Yes
  • Waterfrontage (sqft):

    50
  • Pool:

    Yes
  • Pool Features:

    HeatedBelow Ground Pool
  • Boat Dock/Water Access:

    Deeded Beach AccessPrivate Dock
  • Waterfront Description:

    SeawallIntracoastal FrontCanal Width 121 Feet Or MoreCanal Width 81-120 Feet
  • Construction Type:

    Cbs Construction
  • Cooling Description:

    Central CoolingCeiling Fans
  • Heating Description:

    Central Heat
  • Floor Description:

    Tile FloorsWood FloorsCarpeted FloorsMarble Floors
  • Exterior Features:

    FenceOpen BalconyPatio
  • Sewer Description:

    Municipal Sewer
  • Lot Features:

    1/4 To Less Than 1/2 Acre Lot
  • Type of Association:

    None

Description

$5,900,000 • living size area 8041 sqft • with pool • waterfront access

Nestled within the prestigious city of highland beach, lies an exquisite fourplex property boasting over 8000 sq ft of opulent space, it's an absolute masterpiece set against the backdrop of the serene intercoastal waters. this property comprises 4 individual townhomes, each w/ fireplace & garage. three of the townhomes have 3 bdrms/2.5 baths. the crown jewel spans three stories and boasts 3 bdrms/3.5 baths. ascend to the rooftop, and you'll discover a breathtaking panorama of the ocean. in summary, this remarkable property is not only an example of luxury coastal living but also an exceptional investment opportunity. generating an impressive annual income of $324k which in 2024 will be $342k. it not only offers the lifestyle of your dreams but also serves as a lucrative source of revenue.
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