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9205 Patricia Lane
About This Property
Approximately 207,800 square feet, this expansive lot offers a flat terrain, while the unique canal frontage that touches 3 sides of the rectangular lot ensures privacy and tranquility, making it ideal for various development possibilities.
Designated as RR-10 (Rural Residential), the property supports the construction of single-family homes, equestrian facilities, and more, subject to local regulations.
The lot is partially cleared, maintaining a balance between open space and mature vegetation, providing both beauty and privacy.
Conveniently located near Indiantown Road, providing easy access to I-95 and the Florida Turnpike, making commutes to nearby cities a breeze.
Nearby Amenities:
*Riverbend Park: A short drive away, this park offers hiking, biking, and equestrian trails in the middle of Florida's natural beauty.
*Jupiter Inlet Lighthouse & Museum: Explore local history and enjoy panoramic views from this iconic landmark.
*Beaches: Within a 20-minute drive, enjoy the pristine sands and clear waters of Jupiter's renowned beaches.
*Shopping and Dining: The Gardens Mall and Downtown Abacoa are nearby, offering a variety of retail and culinary options.
Jupiter Farms is known for its rural charm, large lots, and equestrian lifestyle. This community provides a peaceful retreat from urban hustle.
The area is rich in parks and natural reserves, promoting an active lifestyle with opportunities for horseback riding, kayaking, and wildlife observation.
The large lot size and favorable zoning open avenues for constructing a custom estate, equestrian facilities, or other residential projects.
Jupiter's real estate market has shown consistent growth, making this property a sound investment for future appreciation.
Don't miss the chance to create your dream estate in one of Jupiter's most desirable communities. Schedule a viewing and discuss the endless possibilities that await.
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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.
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About Jupiter Farms
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017