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1023 RUSSELL DR APT 2 Highland Beach, FL 33487

$3,995,000

Listed By David Gunther, Atlantic Waterfront Properties

0.25

Acres

RML(ci

Zoning

Active

Status

MLS#

RX-10843892

Wow! Incredible lot triplex on 100' of deep water frontage in Highland Beach, FL! Walk to the Beach from his 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! The town of Highland Beach is currently reviewing their building regulations so this may offer the ability to position up to 3 new townhouse in the near future. 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 Vacant larger ground floor unit and 2 car garage. 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 wishes 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.

Details for 1023 RUSSELL DR APT 2

Year Built
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Parking
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Price / Sq Ft
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HOA
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Cooling
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Heating
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On Website
33 Days
Acres
0.25

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Office Atlantic Waterfront Properties, (561) 699-3455

MLS# RX-10843892

Updated 12:20PM - 12/7/2022

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2022 BeachesMLS, Inc.

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