$1,000,000
●
House -
Off Market
8577 SE Merritt Way
Jupiter, FL 33458
3 Beds
2 Baths,
1
Half Bath
1,756 Ft²
$1,631,511
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model
About This Property
This home is situated on the beautiful Loxahatchee River. Enjoy
your own boat dock with a newer 10,000 pound boat lift and newly
updated seawall.
The river view from your screened pool and lanai is exquisite. Enjoy watching the boats and Florida wildlife on this protected waterfront preserve area.
The home is currently a 3 bedroom, 2 bath home with CBS construction and comes with a full house generator. There are many possibilities to expand the footprint or add a 2nd story addition if you require more living area. The lot on this one is stunning. A must see if you have always wanted to live on the water.
The river view from your screened pool and lanai is exquisite. Enjoy watching the boats and Florida wildlife on this protected waterfront preserve area.
The home is currently a 3 bedroom, 2 bath home with CBS construction and comes with a full house generator. There are many possibilities to expand the footprint or add a 2nd story addition if you require more living area. The lot on this one is stunning. A must see if you have always wanted to live on the water.
Unit Size
1,756 Ft²
Days on Market
26 days
Land Size
0.34 acres
Price per sqft
$612
Property Type
House
Property Taxes
$1,130
HOA Dues
-
Year Built
1974
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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: 7 months ago (Beaches MLS #R10471941)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Jan 4, 2025 | In contract | - | |
| In contract | |||
| Jan 3, 2025 | Price Increased |
$2,600,000
↑ $100K
(4%) | |
| Price Increased | |||
| Dec 27, 2024 | Listed | $2,500,000 | |
| Listed | |||
| | |||
|
A Jupiter address in Martin County (lower taxes) & no HOA. Fully renovated CBS home with 100 FEET on the Loxahatchee River ~2.3 miles to the Jupiter Inlet. Hurricane impact doors & windows. Private preserve views & both neighbors are hidden behind beautiful trees & hedges. 2013 seawall, 10,000lb boat lift, a jet ski lift, heated pool with a cabana bath, 27KW generator (500 gallon propane tank), marble pool deck, tiki hut with outdoor TV, 2020 energy efficient metal roof ($70K), 2020 AC, gas kitchen range, tankless water heater & a dog bath. Take your jet ski or kayak to Jonathan Dickinson Park to see the manatees. Priced the same as an Oct 29, 2024 sale 3 doors down -- SEE PHOTO #3. This one won't last long.
| |||
| Nov 9, 2018 | Sold | ||
| Sold | |||
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About Martin
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Listed by: Carmella Wyatt
Nicklaus Vance
Last Updated: 7 months ago
Data Source: Beaches MLS, MLS# R10471941
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.
Nicklaus Vance
Last Updated: 7 months ago
Data Source: Beaches MLS, MLS# R10471941
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