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245 Regatta Drive
About This Property
Wake up to extraordinary, unobstructed long-water views that stretch as far as the eye can see. This home offers one of the most desirable locations in Admirals Cove, perfect for enjoying sunsets or watching boats glide by.
With its own boat slip and new lift, navigating the waterway provides direct access to the Club's Marina and easy access to & from the Intracoastal & Atlantic Ocean. (continued) Every inch of this home has been meticulously updated with high-end finishes. The spacious living area is flooded with natural light that is enhanced by newly installed LED lighting that further illuminates the beautiful interior. The modern kitchen features brand-new appliances, ideal for preparing gourmet meals or casual dining.
Step outside to your own private paradise, complete with a newly designed pool and spa, perfect for soaking in the sun or unwinding under the stars. The newly enclosed patio adds additional living space, making it an entertainer's dream.
The exterior of the home is equally impressive, with a new driveway and new decking leading to the water's edge. A new gas firepit sets the stage for cozy evenings by the water, while the entire property is secured with a new security system and cameras for peace of mind.
The home is equipped with a new tankless water heater, new LED lighting, and new security with camera system.
Admirals Cove members and residents enjoy access to world-class amenities including 45 holes of championship golf, indoor golf training facility, tennis, pickleball, full service Marina, state of the art fitness center and spa, year round children's facilities, playground and activities, lap pool, serenity pool, children's pool, jacuzzi, multiple dining venues, dog park, kids and a private marina, boutique hotel for members and their guests, Yacht Club, multiple dining venues, on-site banking, convenience store (with an exceptional wine section carrying inventory at great member prices, and a highly professional staff.
The Admirals Cove Community's security is high end including manned gates, roaming security, and perimeter security, all supporting a professional security team.
Admirals Cove is located in relatively close proximity to ocean beaches, area restaurants, shopping, the award winning Jupiter Medical Center, Intramodal systems such as I-95, FL Tpk, Palm Beach International Airport and the Brightine passenger train system.
Experience the perfect blend of luxury, comfort, and waterfront living in this one-of-a-kind home. Living in Admirals Cove is living in paradise.
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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 |
|---|---|---|---|
| Apr 1, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | In contract | - | |
| In contract | |||
| Jan 12, 2025 | Listed by The Corcoran Group | $6,375,000 | |
| Listed by The Corcoran Group | |||
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Nestled in the prestigious & coveted club community of Admirals Cove (Jupiter, FL), this fully renovated 3BR, 3BA waterfront villa offers unparalleled luxury & breathtaking expansive water views. Boasting an open, floor plan, this home seamlessly combines sophisticated style with functional design, creating the perfect environment for both relaxation and entertaining.Wake up to extraordinary, unobstructed long-water views that stretch as far as the eye can see. This home offers one of the most desirable locations in Admirals Cove, perfect for enjoying sunsets or watching boats glide by.With its own boat slip and new lift, navigating the waterway provides direct access to the Club's Marina and easy access to & from the Intracoastal & Atlantic Ocean. (continued)
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| Aug 24, 2022 | Sold | ||
| Sold | |||
| Jul 26, 2022 | Listed by Beckett Realty Advisors, LLC | $3,850,000 | |
| Listed by Beckett Realty Advisors, LLC | |||
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This RARE opportunity to own a coveted "waterfront home" in the highly acclaimed Admirals Cove will NOT LAST LONG. This 3/3 is currently under renovation including a brand new 16k pound boat lift. This will allow the new owner to decide final finishes and customize this beautiful home.
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About Admiral's Cove
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