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Jupiter 33477 Admiral's Cove
146 Waters Edge Drive
$3,900,000
● House - Off Market

146 Waters Edge Drive

Jupiter, FL 33477
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,959 Ft²
$3,900,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Beautiful southern exposure location with incredible expansive water view. 3 bedroom 4.1 bath courtyard villa includes 1 bedroom, 1 bath guest house. Exceptional opportunity to create your waterfront dream home in Admirals Cove. Required golf membership purchase conveys all the first class amenities of Admirals Cove including two spectacular clubhouses, 45 holes of golf, 5 restaurants, 58 slip marina with floating docks, Yacht Club, 9 har tru tennis courts, 12 pickleball courts, state of the art fitness and wellness center with Technogym machines, 21,000 sq ft spa & salon, 30 room Waterside Private Boutique Hotel for members and their guests, brand new Golf Learning Center, Covesters kids club, dog park and Platinum service.
Unit Size
2,959 Ft²
Days on Market
32 days
Land Size
0.25 acres
Price per sqft
$1,318
Property Type
House
Property Taxes
$934
HOA Dues
$1,221
Year Built
1989

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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: 6 months ago (Beaches MLS #R10927475)

Price History

Date / Event Date Event Price
Nov 27, 2023 Sold
Premium
Sold
Oct 13, 2023 Listed by Admirals Cove Realty Co Inc $3,900,000
Listed by Admirals Cove Realty Co Inc
Nov 2, 1999 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 35
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 16
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 125
  • Pool Type: 8
  • Location Influence Type: 167

    Dimensions

  • Lot Size Square Feet: 10,925
  • Total Building Area: 4,136
  • Gross Building Area: 4,136
  • Building Area: 2,959
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,959
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ADMIRALS COVE PAR B
  • Land Acres: 0000000251
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: ADMIRALS COVE PAR B REPL LT 406

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 000301

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 31
  • Parcel: 30-43-41-18-08-000-4060
  • Lot: 406
  • Meridian: SEC 18 TWN 41S RNG 43E
  • Municipality: JUPITER
  • Latitude: 26.91
  • Longitude: -80.0919

    Address

  • Full Address: 146 Waters Edge Dr
  • Address - House Number: 146
  • Address - Street Name: Waters Edge
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Jupiter
  • Carrier Code: C062
  • 4-Digit Zip Code: 4031
  • Zip Code: 33477

Valuation

    Tax

  • Total Area: 3,392
  • Tax Year: 2022
  • Tax Amount: $0
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 30571

    Appraisal Valuation

  • Standard Deviation: 0.2089
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 3,383,659
  • High Value: 4,090,694
  • Low Value: 2,676,624

    Market Valuation

  • Market Total Value: $2,625,103
  • Market Land Value: $2,400,000
  • Market Improvement Value: $225,103

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $659,562

    Sales

  • Current Sale Contract Date: Nov 19, 2023
  • Current Sale Recording Date: Nov 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 399064
  • Previous Sale Recording Date: Nov 02, 1999
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: 71
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 Admiral's Cove

Stats & Trends

Median Asking:

$5,200,000

Sale Price/ft²

$1,556

Below Asking

0.02%

Average Days on Market

81

Average Home Size

5506 ft²

Average Home Age

20.8 years

Currently For Sale

32 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

Unit for rent at 1401 Tidal Pointe Boulevard, Jupiter, FL, 33477

$6,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,385 ft²
1401 Tidal Pointe Boulevard #404, Jupiter, FL, 33477 Listing by James G McLane
Unit for rent at 100 Ocean Trail Way, Jupiter, FL, 33477

$8,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,170 ft²
100 Ocean Trail Way #703, Jupiter, FL, 33477 Listing by Stacie Ahee
Unit for rent at 301 Ocean Bluffs Boulevard, Jupiter, FL, 33477

$7,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,385 ft²
301 Ocean Bluffs Boulevard #202, Jupiter, FL, 33477 Listing by Marina Brier

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Thomas C Frankel
Admirals Cove Realty Co Inc
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R10927475
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 146 Waters Edge Drive built and last sold?
The property at 146 Waters Edge Drive was built in 1989 and last sold on Nov 19, 2023 for $3,900,000.
How much is this home worth?
The estimated value of the home located at 146 Waters Edge Drive is $0.
What are some comparable homes to 146 Waters Edge Drive?
There are currently no comparable homes to 146 Waters Edge Drive.
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