940 Turner Quay
About This Property
Wide water views. One of Jupiter's rarest treasures.
Step into coastal perfection with this fully remodeled, meticulously reimagined waterfront estate, no fixed bridges, ideally positioned on an oversized half-acre lot with 135+ feet of wide water frontage - just minutes to the Jupiter Inlet.
Every inch of this residence has been completely reconstructed to deliver a fresh, elevated living experience - from the brand-new 40-year metal roof (2022) to the designer-crafted interiors that blend classic Hamptons elegance with effortless Florida style.
Notable Features:
✅ Brand-new dock (2023) + 16,000 lb. boat lift (2020) - ideal for any center console or sportfish yacht
✅ All new hurricane-impact skylights (2020) + repainted interior and exterior (2020)
Completely resurfaced pool (2020) with upgraded pump system (2021)
Raised urban abundance gardens + mature tropical landscaping (2023)
Two new A/C units (2020 & 2023) + new water heater (2022)
Electrical panel fully upgraded (2019) for today's insurance standards
Full home interior upgrade: new floors, doors, trim, baseboards (2019)
Kitchen features stunning quartz counters, a custom butcher block island, Sub-Zero fridge (2018), induction cooktop, and brand-new wall ovens and microwave (2024)
Master, cabana, and Jack & Jill bathrooms completely gutted and redesigned (2024) featuring high-end Moen fixtures, anthropology vanities, luxury tilework, and frameless glass showers
Architectural Details:
Gorgeous true hand-laid shiplap throughout the living and kitchen areas create a seamless blend of warmth and elegance, setting the tone for an inviting coastal-chic lifestyle. High ceilings, natural light, and exquisite finishes define every room.
Lifestyle:
Sit by your private dock gazing across protected mangrove preserves no homes across the way, only serene, unobstructed nature views. This is rare. This is peace. Bring multiple boats there's room for them all. Hop on your boat and you're five minutes from the world-famous Jupiter Inlet, pristine beaches, and waterfront dining.
This property checks every box:
Sizeable lot
New construction-level renovations
Rare waterfront spread
Pristine direct ocean access
Privacy, luxury, and immediate usability
There is nothing else like this on the water in Jupiter at this price, this size, and this condition.
Step in and never step out.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2025 | Sold | ||
| Sold | |||
| Nov 21, 2025 | In contract | - | |
| In contract | |||
| Aug 11, 2025 | Price Decreased |
$2,999,999
↓ $250K
(7.7%) | |
| Price Decreased | |||
| May 16, 2025 | Price Decreased |
$3,250,000
↓ $250K
(7.1%) | |
| Price Decreased | |||
| Apr 28, 2025 | Listed by Sutter & Nugent LLC | $3,500,000 | |
| Listed by Sutter & Nugent LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017