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3321 Southern Cay Drive
About This Property
Large windows overlook the expansive screened-in patio and private backyard, bringing the beauty of the outdoors into the home. Major updates provide added peace of mind, including a 2020 roof, 2021 air-conditioning systems, and impact glass windows throughout. Offered fully furnished, this residence is ready to enjoy immediately. Jonathan's Landing is a guard gated waterfront enclave renowned for its resort-style lifestyle and exceptional amenities. Ideally located just minutes from Jupiter's beautiful beaches, premier dining, upscale shopping, and scenic walking paths, the community offers an enviable combination of privacy, recreation, and convenience. Experience the best of the South Florida lifestyle in one of Jupiter's most desirable communities.
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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 |
|---|---|---|---|
| Sep 21, 2026 | In contract | - | |
| In contract | |||
| Sep 17, 2026 | Listed by Illustrated Properties LLC | $2,199,000 | |
| Listed by Illustrated Properties LLC | |||
| Jan 17, 2019 | Sold | ||
| Sold | |||
| Apr 24, 2015 | Sold | ||
| Sold | |||
| Oct 15, 2014 | Listed by Illustrated Properties LLC | $729,000 | |
| Listed by Illustrated Properties LLC | |||
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About Jonathan's Landing
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017