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Martin 33478
1424 SE Colony Way
$248,500
● Land - Off Market

1424 SE Colony Way

Jupiter, FL 33478
bedrooms
Studio
bathrooms
0 Bath
$453,234
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Build the home of your dreams on this beautiful 1.2 acre lot in The Links community of Ranch Colony in Martin County. This lot has been cleared and is on the Dye Preserve golf course... Imagine enjoying your coffee while watching early morning golfers through the morning mist. Ranch Colony is a gated community with low maintenance dues, low Martin County taxes and is just 15 minutes from the ocean, highways and shopping. There is NO mandatory golf or social memberships. This 24 Hour Guard gated community offers approx 2000 acres for your walking and biking enjoyment. There are no zero-lot lines here! Enjoy the peace and tranquility of living near the preserve while still being just a short drive from Jupiter and Palm Beach Gardens. Easy to show! Don't let this one get away!
Unit Size
-
Days on Market
141 days
Land Size
1.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$239
HOA Dues
$108
Year Built
2021

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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: 5 months ago (Beaches MLS #R10400915)

Price History

Date / Event Date Event Price
Jun 19, 2018 Sold
Premium
Sold
Jan 29, 2018 Listed by Illustrated Properties LLC $299,000
Listed by Illustrated Properties LLC
May 14, 2008 Sold
Premium
Sold
Jan 25, 1996 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 101

    Dimensions

  • Lot Size Square Feet: 51,096
  • Total Building Area: 2,393
  • Building Area: 2,393

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE LINKS
  • Land Acres: 0000001173
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 00
  • Legal Description 1: THE LINKS LOT 36

Neighborhood

  • School District Name: Martin County School District
  • Census Tract: 001703

Zoning

  • Zoning: PUDR

Geography

  • Assessors Map Reference: R-27A
  • Parcel: 27-40-41-001-000-00360-6
  • Lot: 36
  • Meridian: SEC 27 TWN 40S RNG 41E
  • Latitude: 26.9574
  • Longitude: -80.2351

    Address

  • Full Address: 1424 Se Colony Way
  • Address - House Number: 1424
  • Street Direction: SE
  • Address - Street Name: Colony
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Jupiter
  • Carrier Code: C074
  • 4-Digit Zip Code: 8303
  • Zip Code: 33478

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,461,887
  • Tax Rate Code Area: 3003 SOUTH

    Appraisal Valuation

  • Standard Deviation: 0.1441
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 82
  • Final Value: 2,315,382
  • High Value: 2,649,181
  • Low Value: 1,981,583

    Market Valuation

  • Market Total Value: $1,840,100
  • Market Land Value: $475,000
  • Market Improvement Value: $1,365,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,642,450

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 06, 2008
  • Current Sale Recording Date: May 14, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2083894
  • Previous Sale Recording Date: Jan 25, 1996
  • Previous Sale Amount: $100
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Martin

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$285

Below Asking

0.03%

Average Days on Market

80

Average Home Size

2089 ft²

Average Home Age

33 years

Currently For Sale

1704 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Taryn Pisaneschi
Illustrated Properties LLC
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10400915
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.

Frequently Asked Questions

When was property at 1424 Southeast Colony Way built and last sold?
The property at 1424 Southeast Colony Way was built in 2021 and last sold on May 6, 2008 for $250,000.
How much is this home worth?
The estimated value of the home located at 1424 Southeast Colony Way is $0.
What are some comparable homes to 1424 Southeast Colony Way?
There are currently no comparable homes to 1424 Southeast Colony Way.
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