I showed the property at 6279 Riverwalk Lane Unit 5 Jupiter FL 33458 to an investor today and thought I would share my thoughts. This is a terrific location for a well priced town house DIRECTLY on the Loxahatchee River. It was built a as a 3 bed but was then used as 2 bed plus a loft with 2 full baths upstairs and a half bath down. The unit is HUGE for its type at 1630 s.f. under air. It has a descent sized front porch perfect for storing bikes and the like as well as a huge screened back porch which looks at a grass area and the river. The owner has kept the property maintained but has done little in the ways of updates. They have installed a masonry stem wall and storage bin in the back and the unit has a hardi plank siding over wood frame which looks to have been well maintained. The unit is an Islander floor plan.
1044 Raintree Drive Palm Beach Gardens FL 33410
I previewed the bank owned property at 1044 Raintree Drive in Palm Beach Gardens for a client yesterday. This house is advertised as a 2 bed and in the current configuration it is but it could be a 3 bed very easily. The third bed is the current loft which has the wet bar in the pictures and the half bath is on the second floor well. The master bedroom on the first floor is HUGE and as a town house it also has a garage which is hard to find for under 200k. The property has southern exposure out the back which also abuts a canal there. It’s far from any road noise with a nice, all be it TOO large, pool as well. The condition of the property is OK. Nothing great but not in horrible shape either. I’d say 10k to get it back to where it should be with most of that going toward the loft conversion and pool resurfacing and other pool repairs. They’re asking 200k but I’d say 175-180k plus 10k is a good value.
In Palm Beach Gardens San Matera (high fees) and Westwood Lakes are competitors in the low 200’s.
265 Cypress Point, Palm Beach Gardens FL – Cypress Point in PGA National
WOW, what a great get away crash pad in the prestigious PGA National Resort. I listed and have since placed under contract this unit the Cypress Point Development in PGA. One bed and aone bath with a descent kitchen and living room on the second floor with a lake view. A new A/C and for you investors Cypress Point has NO RENTAL RESTRICTIONS. Thus, one can rent this out by the day, week or month when not in use to off set the cost of ownership. CLICK HERE to see the full property details.
100 Lehane Terrace Unit 17 North Palm Beach FL 33408
I went and took a look at this bank owned unit at 100 Lehane Terrace Unit 17 North Palm Beach FL 33408 last week. Bottom line, this is a great deal. It needs a full on renovation but there’s a 2 bed 2 full bath unit on the water with a view that is second to none. The unit has a recent split system AC and water heater. This unit is on Lehane which is the last street in North Palm Beach. The other side of the canal to the south is Lake Park. Why does this matter? When you dial 911 you get North Palm Beach Responders. The building is not 55+ and the unit may be rented twice a year. Renovated units with the same view are selling for 230k and I figure the unit needs a kitchen, 2 baths and 1100 s.f. of flooring removed and replaced. Say 40-50k to something nice but not over the top and they’re asking 163.5k So, pay 150k plus say 50k and you end up with a renovated unit with a million dollar view to the east across the intracoastal and of Little Munyan Island and Macarthur State Park.
Villas on the Green in Jupiter Unit 202
Tom Howard in our office has a great listing in Villas on the Green in Jupiter. Click on the address below to see the full listing details for this property
717 S US Highway One, Unit 202 Jupiter FL
This unit is now the least expensive unit in the complex and priced 30k below the next unit of the same size. These are well laid out floor plans. The unit is on the first floor for easy access. One can step out the back onto a grass area or continue down through a gate into Carlin Park and onto Jupiter Beach. The Unit has all laminate floors, a new AC and Water Heater. The kitchen and baths could use a face lift but that’s why it’s 30k less than the next listing. There is a stacked washer dryer in the unit as well.
Jupiter Bay Unit A 101 – Jupiter FL
I saw this Jupiter FL unit last week in Jupiter Bay, the condos at the southeast corner of Indiantown Rd and US-1….
353 S US 1 unit A101 Jupiter FL 33477
What I did like about the unit is the lay out. This is one of the 2 story units on the ends of the buildings so first of all an end unit. Like it. A half bath and laundy room on the first floor with both beds and 2 full baths upstairs. The first floor has both a screened patio, facing south in the back looking at the lake as well a side (east facing) patio that’s at grade and not screened. This is a nice spot to keep a bike or beach gear. The unit is basically all origional But I like the location and exposure. As I like to say you can change everything about a unit you don’t like except the location. The second floor guest bedroom has it’s own entrance from the second floor cat walk and the master has a patio that faces the lake which is not screened.
Jupiter Bay allows one small pet under 20#’s and is one of the VERY few communities which allow short term rentals making these very popular with people for investments or for those looking to offset the cost of ownership. Only the C building requires a minimum 30 day rental.
Bottom Line: Nice unit but for this price (329k) you could be in a 3 bed in Bella Vista on the Park
This is a very nice development that abuts Carlin Park so one can walk through the park to the beach and activities held in the park like concerts and plays. There is a pool of course as well as the usual restrictions of no trucks or RV’s. A nice feature is that there is a very nice restaurant right inside the community and the Maltz Jupiter Theatre as well as the new Harbourside Place is across the street.
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