1023 Russell Drive Unit #1,2,3, Highland Beach, FL 33487

$2,750,000
List Price
$2,750,000
Days on Market
48
MLS#
RX-10761623
Status
ACTIVE
Lot Size
11,000
Subtype
Commercial Land
County
Palm Beach
Community
Beachside Condo
Subdivision
Beachside Condo

Property Description

Wow! Gorgeous triplex on 100' of deep waterfrontage in Highland Beach, FL! This impeccable multi-family investment property offers an amazing place to live for you as you collect revenue from tenants of your choice. Sited on an extra wide 150' canal out back that looks clearly at the Intracoastal so boating & views are abundantly appreciated! This Triplex consists of three condominium units offered together so the opportunities are many. Live and collect rent from tenants on the dock space and the other two 2 bedrooms units above or rent it all. Single larger ground floor unit and 2car garage below...See mor with ample parking for all. Two 2bed/2bath, One 3bed/3bath. Garage is separate from the units and could provide unique storage opportunities. All units have washer/dryers and Larger deck and pool over looking ocean accessible water that spans 150' across. Now consider that walking to the beach will take about as long as reading this twice so don't let this slip away. Future developments may be available to this multi-family parcel so the combined ownership may afford even more of an opportunity. Current owner wishs to stay so occupancy is 100% day one if desired. With its proximity to the Spanish River Bridge and it's short direct path to I-95, it's an ideal place to call home seasonally or all year long. This type of property rarely hits the market so waiting will mean missing out.

Additional Information

Carport
100
Front Exposure
South
Boat Service
Common Dock, Dock Available, Electric Available, Private Dock, Up to 80 Ft Boat, Water Available
Lot Description
< 1/4 Acre, East of US-1, Paved Road
Taxes
$17,950
View
Canal, Intracoastal, Pool
Unit Number
1,2,3
Waterfront
Canal Width 121+, Intracoastal, Navigable, No Fixed Bridges, Ocean Access, Seawall
Acres
0.252525252525
Lot Description
< 1/4 Acre, East of US-1, Paved Road
Boat Services
Common Dock, Dock Available, Electric Available, Private Dock, Up to 80 Ft Boat, Water Available
Middle School
Boca Raton Community Middle School
High School
Boca Raton Community High School

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Listing courtesy of Lang Realty/Delray Beach.