$1,650,000
●
House -
Off Market
1944 Lenmore Drive
Palm Beach Gardens, FL 33410
3 Beds
3 Baths
2,627 Ft²
$10,179
Est. Monthly
2.96%
Cap Rate
About This Property
Situated behind Admirals Cove and near The Bear's Club, this
1/3-acre property offers an exceptional location surrounded by
$10M+ estates. Tucked on a quiet cul-de-sac, it provides direct
access to a private bay on the Intracoastal Waterway and is just 3
miles from the Jupiter Inlet and the open ocean.
The 3-bedroom, 3-bathroom home includes a two-car garage, an in-ground pool with a motorized screened lanai, and an expansive second-floor deck with peek-a-boo water views. A deeded dock accommodates up to a 36' boat, shared with only three other homes, offering unmatched waterfront convenience.
This is a rare opportunity to secure a property in one of Jupiter's most exclusive areas, with endless potential to make it your own.
The 3-bedroom, 3-bathroom home includes a two-car garage, an in-ground pool with a motorized screened lanai, and an expansive second-floor deck with peek-a-boo water views. A deeded dock accommodates up to a 36' boat, shared with only three other homes, offering unmatched waterfront convenience.
This is a rare opportunity to secure a property in one of Jupiter's most exclusive areas, with endless potential to make it your own.
Unit Size
2,627 Ft²
Days on Market
89 days
Land Size
0.35 acres
Price per sqft
$759
Property Type
House
Property Taxes
$382
HOA Dues
-
Year Built
1972
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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: 2 months ago (MCRTC #M20047504)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 3, 2025 | Sold | ||
| Sold | |||
| Jan 7, 2025 | In contract | - | |
| In contract | |||
| Dec 27, 2024 | Listed by One Sotheby's Intl. Realty | $1,995,000 | |
| Listed by One Sotheby's Intl. Realty | |||
| | |||
|
Situated behind Admirals Cove and near The Bear's Club, this 1/3-acre property offers an exceptional location surrounded by $10M+ estates. Tucked on a quiet cul-de-sac, it provides direct access to a private bay on the Intracoastal Waterway and is just 3 miles from the Jupiter Inlet and the open ocean.The 3-bedroom, 3-bathroom home includes a two-car garage, an in-ground pool with a motorized screened lanai, and an expansive second-floor deck with peek-a-boo water views. A deeded dock accommodates up to a 36' boat, shared with only three other homes, offering unmatched waterfront convenience.This is a rare opportunity to secure a property in one of Jupiter's most exclusive areas, with endless potential to make it your own.
| |||
| Dec 20, 2024 | Price Decreased |
$1,995,000
↓ $105K
(5%) | |
| Price Decreased | |||
| Nov 6, 2024 | Listed by ONE Sotheby's International Re | $2,100,000 | |
| Listed by ONE Sotheby's International Re | |||
Property Highlights
Elevator
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Admiral's Cove
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Listed by: Tyler Potts, ONE Sotheby's International Re
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20047504
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20047504
The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than RH Advisors, Inc. and RHP Realty NJ, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.
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