1121 Bel Air Dr

For Sale

1121 Bel Air Dr, Boca Raton, FL 33487

This Boca Raton property for sale is located at 1121 Bel Air Dr. The general use of 1121 Bel Air Dr is multi-family and it incorporates 8,041 square feet of class A multi-family space. The current listed sale price for 1121 Bel Air Dr is $4,900,000/SF. 1121 Bel Air Dr is situated on a lot that is 0.34 acre in size.

Contacts

Harvey Heit

Weichert Realty NYC and Weichert Hallmark Realty, Fort Lauderdale, Fla

MBA & Associate Broker NYC & Florida

Property Details

  • Property Type Multi-Family
  • Property Size 8,041 SF
  • Units 4
  • Lot Size 0.34 Acre
  • Cap Rate % 5.06
  • Rental Income / YR $354,000.00
  • NOI / YR $248,000.00
  • Taxes / YR $58,000.00
  • Zoning RML
  • # of Floors 3
  • Average Floor Size 2,050 SF
  • Parking Spaces Avail. 8
  • Parking Ratio 0.99 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1979
  • Year Renovated 2016
  • Date Updated Jan 27, 2026
  • Building Hours Residential
  • Construction Type Masonry

Mint Boca Waterfront 4plex -Seller Motivated-Price Just Reduced $1.0 million

January 16, 2026--OWNER SAYS SELL AND REDUCES ASKING PRICE BY ANOTHER $500,000 (Ie. another 10%)--ORIGINAL ASKING PRICE--$5.900,000.

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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Highlights

  • January 16, 2026--OWNER SAYS SELL AND REDUCES ASKING PRICE BY ANOTHER $500,000 (Ie. another 10%)--ORIGINAL ASKING PRICE--$5.900,000. You can now own a prestigious quadplex with over 8000 sq ft in the heart of Highland Beach, offering a lux Nestled along the serene Intracoastal waters with deeded beach access, this one-of-a-kind property is just minutes from Downtown Delray & Boca Raton, making it a prime investment for owner-residents or savvy investors.
  • 50' to 60' Wide Boating Dock with both Intercoastal and Ocean Access. Can also rent out the dock for $3000-$4000/month
  • All Four Units Currently Rented on Yearly Leases. AS AIR B & B Projected Income is $464,000-$484,000 with 7.00+% Projected Cap Rate
  • 2 minute walk to Private Highland Beach. All Tenants have deeded access to .
  • Parks 8-10 Cars on Garages, Driveway and Street

Getting around

  • 11/100

    Walk Score ®

  • 39/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Boca Raton, FL
  • Neighborhood Highland Beach
  • Zip Code 33487
  • Market West Palm Beach Boca Raton

Points of Interest

  • Chevron

    0.63 miles

  • Marathon

    0.99 miles

  • Mobil

    1.02 miles

  • Sunoco

    2.17 miles

  • BP

    2.25 miles

  • Costco Gasoline

    2.32 miles

  • Valero

    2.40 miles

  • Tesla Supercharger

    8.66 miles

  • FPL EVolution

    9.01 miles

  • Lot 47

    2.16 miles

  • Lot 46

    2.27 miles

  • Lot 29

    2.27 miles

  • Lot 31

    2.28 miles

  • Lot 30

    2.29 miles

  • Lot 45

    2.31 miles

  • Aqua Lot

    2.35 miles

  • Lot 33

    2.35 miles

  • Lot 34

    2.40 miles

  • Lot 26E

    2.40 miles

  • Quality Inn Boca Raton University Area

    1.49 miles

  • Best Western Plus University Inn

    1.58 miles

  • Embassy Suites

    1.80 miles

  • SpringHill Suites Boca Raton

    1.85 miles

  • Holiday Inn Highland Beach

    1.87 miles

  • TownePlace Suites Boca Raton

    1.89 miles

  • Holiday Inn Boca Raton - North

    1.92 miles

  • Extended Stay America - Boca Raton - Commerce

    2.12 miles

  • Boca Inn

    2.23 miles

  • Residence Inn Boca Raton

    2.24 miles

  • ALDI

    0.74 miles

  • Publix

    0.98 miles

  • Florida Solar and Light

    1.85 miles

  • Walmart Neighborhood Market

    2.02 miles

  • Trader Joe's

    2.94 miles

  • Target

    3.01 miles

  • Whole Foods Market

    3.03 miles

  • The Fresh Market

    3.03 miles

  • Marshalls

    3.05 miles

  • Mizner Park

    3.15 miles

Contact Listing Broker
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