103 River Drive
About This Property
This meticulously maintained four-bedroom, five-and-a-half-bathroom home offers luxurious living at its finest, nestled in highly sought-after Tequesta Country Club. Boasting 90 feet of direct water frontage, this property loaded with features is a true entertainer's dream.
Step inside and immediately be greeted by abundant natural light with mesmerizing water views. The kitchen is a chef's dream with both gas and induction ranges, a salamander broiler, multiple ovens, built in espresso machine and more - perfect for preparing meals while enjoying the serene water backdrop. The first floor also includes large walk in pantry, laundry room, family room, living room, primary suite, and two additional bathrooms- one conveniently accessible as a cabana bath. The large primary suite boasts three closets, including a very large walk in closet. In the primary bathroom you will find dual sinks, two water closets, a free standing tub, and a huge steam shower with smart features.
Upstairs are the remaining three bedrooms all with ensuite bathrooms, a large bonus room and an office. Two of the bedroom suites offer french door access to an enormous second floor terrace over looking the stunning Loxahatchee River.
Outdoor living is equally impressive with a large tumbled marble patio, infinity-edge pool and spa, gas beach fire pit and covered newly refinished dock that seamlessly blends into the horizon. Truly a rare find, this covered dock offers an additional shaded outdoor hangout spot to watch the fun on the water and spectacular sunsets. The dock also includes two floating docks for wave runners and a boat lift that can hold up to 24,000 pounds. A small set of stairs leads off the dock to the beautiful private beach area perfect for launching paddle boards, kayaks or just having fun.
Behind the oversized two car garage is a large outdoor storage shed perfect for storing kayaks and paddle boards, whole house generator and side yard.
Do not miss out on seeing this one-of-a-kind waterfront property in the highly sought-after community of Tequesta, Florida.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2025 | Sold | ||
| Sold | |||
| Jun 9, 2025 | In contract | - | |
| In contract | |||
| May 23, 2025 | Listed by Coldwell Banker Realty | $7,950,000 | |
| Listed by Coldwell Banker Realty | |||
| Oct 27, 2021 | Sold | ||
| Sold | |||
| Sep 20, 2021 | Listed by Coldwell Banker Realty | $5,175,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017