Welcome home to paradise! Just steps away- less-than-a-one-minute
walk-to Jupiter's beautiful, dog-friendly beach, this rare
opportunity is located in the highly sought-after gated community
of Sea Colony. This spacious 3-bedroom, 3-bath condo offers
convenient single-level living, a 1-car garage, and two private
screened lanais where you can relax and enjoy the ocean breeze and
soothing sound of the waves. Ready for renovation, this home
provides the perfect canvas to create and customize your dream
coastal retreat. Sea Colony offers resort-style amenities,
including a pool, hot tub, fitness center, tennis and pickleball
courts, along with a pet-friendly policy allowing up to two dogs
with no weight limit. Ideally located just down the road from the
Intracoastal, you'll enjoy easy access to waterfront dining,
premier golf courses, shopping, and world-class charter fishing.
This is your chance to own in one of Jupiter's most desirable
beachside communities. Welcome home!
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.
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