22
Map
$2,750,000
●
Condo -
Off Market
1602 Captains Way
Jupiter, FL 33477
3 Beds
2 Baths
2,855 Ft²
$18,990
Est. Monthly
$2,700
HOA / Fees
-0.25%
Cap Rate
About This Property
Step into this beautifully updated, light and bright residence
featuring a glass-enclosed sunroom with impact-rated windows and
doors-perfect for enjoying serene views year-round. The
open-concept kitchen flows seamlessly into the spacious family
room, creating an ideal space for entertaining and everyday living.
The primary suite offers a spa-like bath with dual sinks and a
generous walk-in shower. Outside, enjoy direct water access with a
private dock that accommodates up to a 34' boat-just minutes from
the Intracoastal. Located close to The Club, tennis and pickleball
courts, and the Marina, this home blends luxury, lifestyle, and
location in one perfect package.
Unit Size
2,855 Ft²
Days on Market
57 days
Land Size
-
Price per sqft
$991
Property Type
Condo
Property Taxes
$2,399
HOA Dues
$2,700
Year Built
1987
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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 #R11116948)
Price History
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage, Garage Door Opener
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, Kitchen Island, Walk-In Closet(s), ClosetCabinetry, DualSinks, LivingDiningRoom, SplitBedrooms, SeparateShower
Appliances: Cooktop, Dryer, Dishwasher, Gas Range, Microwave, Oven, Refrigerator, Washer
Flooring Type: Ceramic Tile, Wood
Laundry Features: Inside, Laundry Closet
Rooms: 8
Exterior Details
Has Property Attached
Square Footage: 2855
Security Features: Gated with Guard, Gated Community, Security Guard
Property Condition: Resale
Year Built: 1987
Waterfront Features: Canal Front, Navigable Water, Ocean Access, NoFixedBridges, Riprap
Building Area Total: 2855
Construction Materials: Block, Concrete
Patio and Porch Features: Glass Enclosed, Porch
Pool Features: Association
Lot Features: SprinklersAutomatic
Water Source: Public
Financial Details
Tax Annual Amount: $28,786
Utilities Details
Cooling Type: Central Air, Zoned
Heating Type: Central, Zoned
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Pest Control, Security, CommonAreas
HOA/Condo/Coop Amenities: Basketball Court, Boating, Clubhouse, Dog Park, Fitness Center, Golf Course, Playground, Park, Pool, Recreation Facilities, Tennis Court(s), Pickleball, PuttingGreens, Restaurant
HOA Fee: $2,700
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/19/2025
| |
3 Bed
|
2 Bath
|
2855 ft²
|
$2,829,000
3 Bed
2 Bath
2855 ft²
|
$2,750,000
-2.79%
10/15/2025
|
Rob Thomson
Waterfront Properties & Club C
|
|
03/04/2023
| |
2 Bed
|
2 Bath
|
2160 ft²
|
$2,250,000
2 Bed
2 Bath
2160 ft²
|
$2,025,000
-10.00%
07/17/2023
|
Steve Rockoff
The Corcoran Group
|
|
03/05/2021
| |
2 Bed
|
2 Bath
|
1952 ft²
|
$800,000
2 Bed
2 Bath
1952 ft²
|
$800,000
05/21/2021
|
Rob Thomson
Waterfront Properties & Club C
|
|
11/20/2019
| |
2 Bed
|
2 Bath
|
1952 ft²
|
$625,000
2 Bed
2 Bath
1952 ft²
|
-
-
|
-
|
|
03/11/2019
|
2 Bed
|
2 Bath
|
2855 ft²
|
$720,000
2 Bed
2 Bath
2855 ft²
|
-
-
|
Maxime Kaan Lilly
United Realty Group Inc
| |
|
12/03/2018
| |
2 Bed
|
2 Bath
|
1952 ft²
|
$740,000
2 Bed
2 Bath
1952 ft²
|
-
-
|
-
|
|
12/20/2013
|
2 Bed
|
2 Bath
|
2160 ft²
|
$500,000
2 Bed
2 Bath
2160 ft²
|
$475,000
-5.00%
11/06/2014
|
Rob Thomson
Waterfront Properties & Club C
|
Building Info
About Admiral's Cove
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Listed by: Robert B. Thomson
Waterfront Properties & Club C
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R11116948
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.
Waterfront Properties & Club C
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R11116948
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