EXCLUSIVE HIGHLAND BEACH/BOCA RATON 4-PLEX WITH BOATING DOCK
Gorgeous 8000+sf with Boating Dock in Palm Beach Cty:Multifamily | 4 Units |
Marketing description
JANUARY 16, 2026—(OWNER SAYS SELL IT AND REDUCES PRICE BY $1.0 MILLION LESS THAN ORIGINAL ASK OF $5.900,000 BACK IN NOVEMBER OF 2024
Nestled within the prestigious City of Highland Beach/Boca Raton (in Palm Beach County) lies an exquisite fourplex property boasting over 8000 square feet 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 BRs/2.5 baths. The crown jewel spans three stories and boasts 3 BRs/3.5 baths. Ascend to the rooftop, and you'll discover a breathtaking panorama of the ocean.
And for you boating enthusiast, the property also includes a 50-60 foot Intercoastal boating dock for both one big boat or several smaller boats and very easy Ocean Access at Highland Beach.
Great Property for Owner User, Investors Boat Owners, Private Beach lovers. Can now also be used as Air B&B. POTENTIAL INCOME OF $516K FOR 2026 and PROJECTED CAP RATE OF 8.0%.
In summary, this remarkable property is not only an example of luxury coastal living but also an exceptional investment opportunity. . It not only offers the lifestyle of your dreams but also serves as a lucrative source of revenue.
Investment highlights
PRICE REDUCED $500K on 11/4/24 & Another $500k on 1/17/2026 (contact Harvey Heit, Broker Associate at 1-917-748-4810 for SPECIFIC DETAILS re:
Great Property for Owner User, Investors Boat Owners, Private Beach lovers. Can now also be used as Air B&B.
POTENTIAL INCOME OF $438K FOR 2025 and PROJECTED CAP RATE OF 6.1%. (See Attached Financials & Projections)
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