There's a moment when you enter 18691 SE Lakeside Way that defines
the home. Step through the front door into the volume-ceiling great
room and your eye is immediately drawn through the living spaces,
across the screened pool and out to the lake beyond. It's the kind
of view that gives a home its identity. Located on a .34-acre
lakefront lot in the gated River Ridge community in Jupiter,
Florida, this 4-bedroom, 3-bath lakefront pool home offers 3,426
square feet of heated living space and a floor plan with
exceptional potential. The east-facing backyard captures beautiful
morning light across the water, while the screened pool, expansive
deck and covered lanai create an inviting setting for outdoor
dining, entertaining or simply enjoying the lake. The
split-bedroom design places the spacious primary suite on one side
of the home, with two additional bedrooms and an adjacent bath on
the opposite side. A fourth bedroom located just off the great room
offers flexibility as a den, study or home office. The kitchen
opens to the family room, where a fireplace and walls of glass
continue the connection to the pool and lake. One of the home's
three baths functions as a true cabana bath, complete with shower,
sink and toilet and opening directly to the covered lanai and pool
area, a particularly convenient feature for everyday pool use and
entertaining. A large two-car garage, Hardie board siding and
complete accordion hurricane shutters add practical appeal. The
home is offered as-is and ready for a new owner's vision,
presenting the opportunity to renovate or modernize the interiors
while preserving the space, floor plan and waterfront setting that
make the property so compelling. River Ridge is a close-knit gated
Jupiter community in Martin County, known for its mature,
tree-lined streets, where neighbors are often seen walking
throughout the community. The $300 monthly HOA fee covers gate
security, common-area maintenance, the community clubhouse and
tennis courts. Not every home in River Ridge enjoys a waterfront
setting. Here, the eastern lake exposure, pool, covered outdoor
living area and cabana bath create a lifestyle that is difficult to
replicate. The setting is already established. The opportunity is
to make the home itself your own. Come experience the view, the
space and the possibilities in person. Schedule your private
showing of 18691 SE Lakeside Way today.
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.
Legal Description 1:
LOT 27 RIVER RIDGE ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 8 PAGE 22 PUBLIC RECORDS MARTIN COUNTY FLORIDA TOGETHER WITH THOSE LANDS DESCRIBED IN OR 784/2394
Neighborhood
School District Name:
Martin County School District
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017