61
Map
1500 Beach Road #203
About This Property
Other features include a summer Kitchen, imported Italian solid core wood interior door and casings, recessed down lighting throughout interior, Imported Snaidero cabinetry with integrated task lighting, professional stainless steel ventilation hood, double Miele convection ovens, Miele 48'' gas rangetop, Miele refrigerator and freezer column with cabinet panel front, full height Miele wine column with glass and cabinet panel front, and two Miele dishwashers. Other building amenities include a gated arrival, 24/7 attended two story lobby designed by Champalimaud Design, emergency generator to power residential comfort, oceanfront infinity-edge heated swimming pool, pool side sandy beach with chaise lounges, two gated stair accesses to the beach, beachside summer kitchen and outdoor viewing terrace, heated spa, full time property manager, fitness center, yoga meditation lawn, club room with catering kitchen, lounge seating and game area, outdoor social terrace with BBQ and fire pit, dedicated dog walk area and bathing station, mail & package room with keypad access, and dedicated bicycle storage.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 20, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | In contract | - | |
| In contract | |||
| Jul 12, 2024 | Listed by Daniel Riordan | $10,950,000 | |
| Listed by Daniel Riordan | |||
| Apr 24, 2024 | No longer available | - | |
| No longer available | |||
| Feb 23, 2024 | Price Decreased |
$9,975,000
↓ $525K
(5%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/23/2025
|
3 Bed
|
4 Bath
|
3940 ft²
|
$9,250,000
3 Bed
4 Bath
3940 ft²
|
$8,250,000
-10.81%
06/05/2026
|
Andrew Daversa PA
Waterfront Properties & Club C
| |
|
07/12/2024
|
3 Bed
|
5 Bath
|
3655 ft²
|
$10,950,000
3 Bed
5 Bath
3655 ft²
|
$8,980,000
-17.99%
02/20/2025
|
Nicholas Howard Peterson
MAISON D'OR REALTY LLC
| |
|
10/25/2023
|
4 Bed
|
5.5 Bath
|
5210 ft²
|
$14,000,000
4 Bed
5.5 Bath
5210 ft²
|
-
-
|
Craig Alan Bretzlaff
Douglas Elliman (Jupiter)
| |
|
10/19/2023
|
3 Bed
|
4.5 Bath
|
3940 ft²
|
$11,950,000
3 Bed
4.5 Bath
3940 ft²
|
-
-
|
Milla Russo
Illustrated Properties LLC (Jupiter)
| |
|
06/06/2023
|
4 Bed
|
5 Bath
|
5210 ft²
|
$12,950,000
4 Bed
5 Bath
5210 ft²
|
$12,500,000
-3.47%
11/16/2023
|
Jane Letsche
NV Realty Group, LLC
| |
|
12/12/2022
|
3 Bed
|
4 Bath
|
3593 ft²
|
$11,500,000
3 Bed
4 Bath
3593 ft²
|
$10,650,000
-7.39%
03/14/2023
|
Heather Purucker Bretzlaff
Compass Florida LLC
| |
|
12/09/2022
|
3 Bed
|
4.5 Bath
|
3877 ft²
|
$12,900,000
3 Bed
4.5 Bath
3877 ft²
|
-
-
|
Robert B. Thomson
Waterfront Properties & Club C
| |
|
11/29/2022
|
3 Bed
|
4 Bath
|
3593 ft²
|
$10,800,000
3 Bed
4 Bath
3593 ft²
|
$9,410,000
-12.87%
05/25/2023
|
Nicholas Howard Peterson
MAISON D'OR REALTY LLC
| |
|
11/20/2022
|
4 Bed
|
5.5 Bath
|
5210 ft²
|
$19,800,000
4 Bed
5.5 Bath
5210 ft²
|
-
-
|
Jane Letsche
NV Realty Group, LLC
| |
|
03/04/2013
|
2 Bed
|
2 Bath
|
1200 ft²
|
$275,000
2 Bed
2 Bath
1200 ft²
|
$225,000
-18.18%
05/09/2014
|
Kim Foster
Keller Williams Realty Jupiter
|
Building Info
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Phone: 425-283-2930
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