18246 SE Village Circle
About This Property
For extended-stay guests, an upstairs suite offers a bonus room and morning bar, providing a comfortable, private space. With over 7,000 square feet of air-conditioned living space, this residence meets the highest standards for those in search of elegance, functionality, and uncompromising quality.
Exterior highlighted features include; 9 separate electronic roll down screens & shutters, Doors In Motion double quad sliding doors off living/family room, new security system, Air conditioned 3-car garage with extra storage, generator (just serviced) with wifi capability, all impact windows/doors, 1,000 gallon propane tank, full home built-in surround sound, surge protection with lightning rods.
Interior highlights include; Sub Zero refrigerator, 6-burner cooktop, 5 zone A/C (3 replaced in June of 2024), water purification system for entire home, primary bedroom includes his & her baths & large walk-in closets, dedicated laundry, massage room, & sitting/workout room.
The exterior of the home boasts exceptional features, including nine electronic roll-down screens and shutters, Doors in Motion double quad sliding doors, a newly installed security system, and an air-conditioned three-car garage with additional storage. A recently serviced generator with WiFi capability, impact-rated windows and doors, a 1,000-gallon propane tank, full-home built-in surround sound, surge protection, and lightning rods further enhance its functionality and security.
Inside, the home features a Sub-Zero refrigerator, Wolf six-burner cooktop, and a five-zone A/C system, with three units replaced in June 2024. A whole-home water purification system ensures convenience, while the primary suite offers his-and-her baths, spacious walk-in closets, a dedicated laundry room, a massage room, and a sitting/workout area.
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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%.
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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 |
|---|---|---|---|
| Mar 5, 2025 | Sold | ||
| Sold | |||
| Feb 21, 2025 | In contract | - | |
| In contract | |||
| Dec 12, 2024 | Listed by Waterfront Properties & Club C | $7,300,000 | |
| Listed by Waterfront Properties & Club C | |||
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Nestled in the prestigious Jupiter Hills Village, this residence exemplifies the apex of luxury indoor-outdoor living. A custom-built estate, it stands as one of only eleven exclusive homes on the renowned Hills course, a golf course steeped in history, currently ranked 4th in the state and consistently in the Top 100 nationwide for over 3 decades. Designed for seamless entertaining, the outdoor bar and fireplace offer a welcoming retreat for year-round gatherings. Expansive windows and electronic sliding doors blur the boundaries between the family room, kitchen, and outdoor spaces, connecting effortlessly to the fireplace, bar, grill, and poolside terraces.
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| Aug 2, 2022 | No longer available | - | |
| No longer available | |||
| Feb 2, 2022 | Relisted | $6,110,000 | |
| Relisted | |||
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017