1520 Summer Avenue, Jupiter FL 33469

Description

Beautifully renovated turn-key home hosts a private backyard oasis in the heart of Jupiter, located minutes from the lighthouse, restaurants and shopping. Outside this home features a lushly landscaped spacious backyard full of mature trees, ambient lighting package, and maintenance free white PVC privacy fence, complete coverage PGT hurricane impact glass for Florida's weather and noise cancellation. This turn-key home has negotiable furniture perfect for the coastal lifestyle. The kitchen features granite countertops, stainless steel appliances, pendant lighting and open concept views. Mechanically sound, a new 2021 air conditioning system & water heater, newer washer and dryer gives peace of mind. Roof age is approximately 7 years. Cap Rate 8.7% at Purchase Price with $50K NOI at $65K Gross. Please inquire for additional leasing information. Riverside Pointe is a non-HOA community allowing pets and recreational vehicles. This home has a gated side area offering access for 27' boat or RV storage and an additional 15 Ft storage shed in the back yard. In addition to recreational vehicles, and storage, the home can be used for investors. Currently generating seasonal rental income of $7,000/M and off-season rental $3-4,000/M.