18905 SE Southgate Drive
About This Property
Welcome home to this freshly updated 3-bedroom, 2-bath single-family home with 1 car garage on private end lot and NO HOA!
Sitting on a spacious nearly 10,000 sq ft lot, this CBS-built home offers solid construction and peace of mind with a newer 2021 roof , 2018 a/c and full hurricane shutters for added protection and insurance savings.
Enjoy modern updates in the kitchen & primary bath, while the sunroom is newly refreshed and adds cheerfully lit living space!
Buyer Incentives:
-ZERO down payment available for qualified buyers!
- 6% seller credit up to $36k - use toward closing costs, rate buy down,. (ie: buy your rate down into the 4.5% range) or other buyer expenses! ASK AGENT FOR DETAILS!
Solid Fundamentals: A CBS (Concrete Block Structure) home is the gold standard for Florida durability.
Recent Updates: The 2021 roof and 2018 A/C are massive wins. In Florida, an old roof can make a home uninsurable or extremely expensive to cover; a 4-year-old roof significantly lowers your insurance premiums.
Location: Jupiter/Tequesta are highly desirable areas. Being on the Martin County side, property taxes are generally lower than in Palm Beach County.
=° The "Hidden" Value: The 6% Credit
The most unique part of this listing is the 6% seller credit. Here is how that math works in your favor:
Rate Buy-Down: If you use a very small portion of that 6% to "buy down" your interest rate, you could drop a ~7% market rate into the 4.5%-5% range. This could save you $400-$600 every month on your mortgage payment.
Closing Costs: You could potentially walk into this house with almost zero out-of-pocket expenses if combined with a zero-down loan program.
With lower Martin County taxes, no HOA, and monthly payments lower than most area rentals, this is one of the most affordable starter homes in all of Jupiter and Tequesta.
Don't wait - opportunities like this are rare! Schedule your showing today. All sizes and fees approx. Buyer to verify to their satisfaction. Please note virtual staging has been utilized on some photos.
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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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Mar 8, 2026 | In contract | - | |
| In contract | |||
| Mar 1, 2026 | Relisted | $545,000 | |
| Relisted | |||
| Feb 18, 2026 | In contract | - | |
| In contract | |||
| Dec 29, 2025 | Price Increased |
$545,000
↑ $16K
(3%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017