1488 JUPITER ROAD at

1488 JUPITER ROAD

For sale Days on market 226

$369,900

$371/sq ft

$90,100
Price Decreased

показать похожие

Overview

Bedroom

Bath

Year Built

1991

Sqft

997

Property Type

Single Family Residence

Property Description

Rare Opportunity: Assumable 2.75 rate Loan 25 yrs + Double Lot(8000x2) + Deeded Private community Gulf Beach Own near the Gulf with a rare 2.75 rate assumable mortgage (approx. $169K balance, ~$772/month P&I) offering substantial long-term savings compared to today’s rates. MTI (mortgage,Taxes,Insurance)= +/- $1250 a month operating costs This updated coastal home sits on an oversized 16,000 sq ft double lot just ~1,000 ft from deeded private beach ferry access and boat ramp, combining lifestyle, space, and future potential. While public records reflect 997 sq ft, the Hidden value of this home offers approximately 1,500+ sq ft of fully air-conditioned living space (buyer to verify),A/C is in every sqft of home ,expanded bedroom, laundry area, and additional storage. A sunroom/enclosed porch w/ split a/c provides flexible space for relaxing, working, or hosting guests. The interior has been remodeled for comfortable, move-in-ready living, with a flexible 2–3 bedroom layout and 2 full baths. Key Value Add: Oversized double lot with potential for a second cleared vacant buildable parcel 7000-8000sqft Estimated additional lot value: $80K–$100K Opportunity for future build, resale, or expanded use Property Highlights: 16,000 sq ft double lot Deeded private beach access (via ferry) Boat ramp access Space for RV and boat parking Fenced yard, fruit tree, and storage shed Public utilities (no well or septic) No HOA | No CDD Location: Approx. 1,000 ft to private beach access Convenient to shopping, dining, and coastal amenities Strong rental appeal (buyer to verify local guidelines) Ppotential airbnb(others on street) seasonal or annual renter store boats, trailers campers, Rv's on extra lot just like neighbors do. Opportunities combining low-rate assumable financing, land value upside, and beach proximity are limited and can save you over $300,000 in interest versus a new 30yr 6 interest rate loan. Do the math 25yrs 169,000 at 2.75 interest rate assumable or 6 interest ratet 30yr w/about 80K down calculations. An obvious choice!

Property Details

MLS#

A4659393

Total Floor in Bldg

Address

1488 JUPITER

City

Venice

State/county

Zip/Postal Code

34293

Area

South Venice

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,540

Maint Fee

$--

Tax Year

2024

Bar Fridge

Dishwasher

Dryer

Electric Water Heater

Microwave

Range

Washer

City

Trees/Woods

The information being provided is 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. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. © MIAMI Association of REALTORS®, all rights reserved.