$1,200,000
●
Condo -
For Sale
375 Beach Road #201
Tequesta, FL 33469
2 Beds
2 Baths
1,600 Ft²
$7,716
Est. Monthly
$1,560
HOA / Fees
0.70%
Cap Rate
About This Property
Extraordinary opportunity to own on prestigious Jupiter Island in
La Mar Condominiums, where units are seldom available for sale.
Private additional storage in both covered parking and
laundry areas. Located on the intracoastal with boat slip,
and use of provided kayaks included. Walking distance to the ocean,
and with Intracoastal frontage in-ground pool with entertaining
area and covered parking. Recent concrete restoration assessment of
approximately $50k
Unit Size
1,600 Ft²
Days on Market
272 days
Land Size
-
Price per sqft
$750
Property Type
Condo
Property Taxes
$263
HOA Dues
$1,560
Year Built
-
Listed By
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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: 6 months ago (Beaches MLS #R11141069)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2026 | Listed by Illustrated Properties | $1,049,000 | |
| Listed by Illustrated Properties | |||
   | |||
|
Discover waterfront living at La Mar Condominiums on Jupiter Island. This boutique, well-maintained 55+ community features just 32 residences, making available opportunities a rare find. Ideally situated at the southern end of Jupiter Island, La Mar offers convenient access to the shops and dining around the Jupiter Inlet, as well as the charming town of Tequesta. For those seeking a waterfront condo with dock access, this is an exceptional place to call home.
| |||
| Jan 18, 2026 | Price Decreased |
$1,200,000
↓ $400K
(25%) | |
| Price Decreased | |||
| Nov 14, 2025 | Listed by Elation Realty LLC | $1,600,000 | |
| Listed by Elation Realty LLC | |||
Property Highlights
Elevator
Parking Available
Garage
Air Conditioning
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features, Elevator, Kitchen Island, Pantry, Storage, Walk-In Closet(s), ClosetCabinetry, DualSinks, SplitBedrooms, TubShower
Appliances: Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Water Heater
Flooring Type: Marble
Laundry Features: WasherDryerInstallAllowed
Exterior Details
Has Property Attached
Square Footage: 1600
Security Features: Fire Sprinkler System
Property Condition: Resale
Year Built: 1970
Waterfront Features: Ocean Access, Seawall, IntracoastalAccess
Building Area Total: 1600
Construction Materials: Block
Water Source: Public
Financial Details
Tax Annual Amount: $3,152
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric, Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Boating, Elevator(s), Management
HOA Fee: $1,560
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/14/2025
|
2 Bed
|
2 Bath
|
1600 ft²
|
$1,549,000
2 Bed
2 Bath
1600 ft²
|
$1,400,000
-9.62%
05/28/2025
|
Carla Ann Christenson
One Sotheby's International Re
| |
|
11/19/2019
|
2 Bed
|
2 Bath
|
1600 ft²
|
$769,000
2 Bed
2 Bath
1600 ft²
|
$715,000
-7.02%
12/20/2019
|
Gayle Krueger
All Water Realty LLC
| |
|
11/14/2016
|
2 Bed
|
2 Bath
|
1600 ft²
|
$790,000
2 Bed
2 Bath
1600 ft²
|
$700,000
-11.39%
06/05/2017
|
Amy Johnson
Jupiter Lighthouse Realty Inc
| |
|
09/16/2016
|
2 Bed
|
2 Bath
|
1600 ft²
|
$449,900
2 Bed
2 Bath
1600 ft²
|
$412,000
-8.42%
04/07/2017
|
Darren R. Goldstein
Exceptional Properties
| |
|
09/30/2014
|
2 Bed
|
2 Bath
|
1525 ft²
|
$529,000
2 Bed
2 Bath
1525 ft²
|
$450,000
-14.93%
03/09/2015
|
The McPherson Group McPherson
KW Reserve
| |
|
01/29/2014
|
2 Bed
|
2 Bath
|
1525 ft²
|
$499,999
2 Bed
2 Bath
1525 ft²
|
$499,999
04/16/2014
|
Mark B Eble
Water Pointe Realty Group
| |
|
11/19/2013
|
2 Bed
|
2 Bath
|
1525 ft²
|
$525,000
2 Bed
2 Bath
1525 ft²
|
$475,000
-9.52%
02/20/2014
|
Alanna Leonard
Brown Harris Stevens of PB (Co
| |
|
11/08/2013
|
2 Bed
|
2 Bath
|
1525 ft²
|
$479,000
2 Bed
2 Bath
1525 ft²
|
$460,000
-3.97%
12/03/2013
|
Pamela Widerman
The Keyes Company (Tequesta)
| |
|
08/01/2011
|
2 Bed
|
2 Bath
|
1525 ft²
|
$399,900
2 Bed
2 Bath
1525 ft²
|
$360,000
-9.98%
05/31/2013
|
Darren R. Goldstein
Exceptional Properties
| |
|
11/02/2009
|
2 Bed
|
2 Bath
|
1527 ft²
|
$299,000
2 Bed
2 Bath
1527 ft²
|
$245,000
-18.06%
05/01/2012
|
DeeDee Milliken
One Sotheby's International Re
|
Building Info
About Cliveden
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Listed by: Kimmy Higgins
Elation Realty LLC
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R11141069
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Elation Realty LLC
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R11141069
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