938 Turner Quay is a rare waterfront home offering just under 4,000
sq feet of living space, expansive outdoor living, and exceptional
boating amenities, all set on an oversized .47-acre lot with direct
ocean and intracoastal access in Jupiter. Thoughtfully designed for
both everyday living and large-scale entertaining, the home is
equipped with large spaces that connect seamlessly to the backyard.
A gracious formal living room welcomes you in, while an oversized
family room flows naturally toward the waterfront beyond. At the
heart of the home, a substantial chef's kitchen with custom
cabinetry, generous prep space and built-in banquet seating creates
a natural gathering place, designed both for hosting and everyday
family living. Every major living area downstairs was designed to
flow to the backyard. Inside, the home has a well-balanced floor
plan featuring two private primary suites. The downstairs primary
is the entire wing of the left side of the home, vaulted ceilings,
french doors leading outside, oversize walk in closet, and large
bathroom with a separate shower and soaking tub. The upstairs
primary suite has its own private balcony overlooking west-facing
water views, a crows nest which allows for direct river and ocean
views, walk in closet and large bathroom. The additional guest
bedrooms provide comfortable accommodations for family and
visitors; both have ensuite bathrooms. Outside, the property
transforms into a one-of-a-kind backyard with no homes across the
canal allowing for complete privacy. A screened-in lanai with
automated screens, astro turf putting green, and multiple covered
lounging areas extends the living experience year-round, while the
covered outdoor kitchen, dining and seating areas, and cabana bath
create the perfect setting for entertaining by the pool. The
private pool is framed by mature tropical landscaping and expansive
lawn space rarely found on waterfront properties of this caliber.
For the boating enthusiast, the property is equally compelling. Two
separate docks-including a floating dock, a dock with boat lift,
and dedicated jet ski docks-provide exceptional flexibility for
waterfront recreation, all with direct access to the intracoastal
and ocean beyond. A waterfront fire pit creates an incredible focal
point at the edge of the property, offering a setting to enjoy
sunsets over the water after a day on the boat. Further
enhancing the home are a two-car garage, generous circular
driveway, and the privacy and presence afforded by the oversized
lot. Combining premier dockage, expansive grounds, multiple indoor
and outdoor living spaces, and a layout designed to live like a
true waterfront home, 938 Turner Quay offers a rare opportunity to
enjoy the very best of Jupiter waterfront living.
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.
Appliances: Cooktop, Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer
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