$471,000
●
House -
Off Market
108 Magic
Jupiter, FL 33458
3 Beds
2 Baths
2,454 Ft²
$1,010,374
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model
About This Property
BEAUTIFUL KEY WEST TYPE COMMUNITY,GATED AND HIDDEN IN JUPITER YOU
WILL FIND THIS 3BR 2.5 BATH POOL HOME. MANGROVE PRESERVE PROVIDES
BACKYARD PRIVACY. ON THE RIVER WITH OCEAN ACCESS. ''All borrowers
must be pre-qualified with Diego Tolentino of PennyMac Loan
Services [e-mail address:
[email protected]]. Qualified borrowers will be eligible
for financing credit of up to $5,300 applicable to non-recurring
closing costs and/or interest rate buy-down. Total PennyMac
concessions, including $5,300 financing credit cannot exceed 6% of
sales price. Incentives valid only if an acceptable offer is
received by 10/28/2012 and financing is obtained through PennyMac
Loan Services''.
Unit Size
2,454 Ft²
Days on Market
53 days
Land Size
-
Price per sqft
$191
Property Type
House
Property Taxes
$659
HOA Dues
$167
Year Built
2002
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 months ago (Beaches MLS #R3310085)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2025 | Sold | ||
| Sold | |||
| Aug 19, 2025 | In contract | - | |
| In contract | |||
| Jul 1, 2025 | Price Decreased |
$1,589,000
↓ $40K
(2.5%) | |
| Price Decreased | |||
| Jun 11, 2025 | Listed by Water Pointe Realty Group | $1,629,000 | |
| Listed by Water Pointe Realty Group | |||
   | |||
|
Waterfront living in the heart of Jupiter! Welcome to the quaint, gated community the Estates of Sims Creek with only 7 homes. This CBS home has an open kitchen/living area with 4 bedrooms plus office, 2.5 baths and 2 car garage with epoxy flooring. You'll love the 1st floor vaulted ceilings with easy access out to the covered patio, saltwater heated pool and private dock. Enjoy privacy of the protected canal just off the Loxahatchee River with only 1 fixed bridge and you're out to the wide water. The upstairs master bedroom has a private balcony overlooking the pool and waterway. Pool heater and AC replaced in 2020, icynene spray foam installed in attic to save on electric bills. We look forward to showing you this unique waterfront opportunity!
| |||
| Jul 11, 2014 | Sold | ||
| Sold | |||
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Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Jupiter
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Listed by: James W Banford
Real Estate Asset Disp Corp.
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R3310085
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Real Estate Asset Disp Corp.
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R3310085
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