809 Jupiter Street
About This Property
The private primary suite offers a custom barn door entry and elegant French doors leading directly to the pool deck, creating the perfect private retreat. The luxurious primary bathroom was fully renovated in 2024, and the home also received new exterior siding the same year. Three additional bedrooms provide ample space for family and guests, including one bedroom with direct pool access and its own private half bath. Step outside to your own backyard oasis featuring an expansive paved pool deck, separate hot tub, and a massive fenced backyard complete with a workshop -- ideal for storing boats, RVs, golf carts, and all your outdoor toys. Bring your boat and RV -- Perfectly located for boating and outdoor enthusiasts, 809 Jupiter Street is within 10 minutes or less of several of Destin's premier waterfront parks and boat launches. Joe's Bayou Boat Launch offers quick access to Crab Island and Choctawhatchee Bay, while Destin Marina Harbor Launch provides immediate access to the Destin Harbor. Nearby parks including Captain Leonard Destin Park and Liza Jackson Park offer paddlecraft launches, playgrounds, waterfront access, and family-friendly amenities.
Conveniently located near Destin's world-class beaches, less than one mile from Destin Elementary, approximately two miles from Target, and just minutes from shopping, dining, boating, and entertainment, this exceptional property offers the perfect combination of privacy, space, and coastal living.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017