Residential Income Property with Updated
For Sale
$549,000
1127 E SEMINOLE Avenue 15D, Jupiter, FL 33477
Tile finishes, impact windows and patio sliders complement the updated kitchen.
Property Size1,324 SF
Price / SF$414.65
Days on Market8
Property Features for 1127 E SEMINOLE Avenue 15D
General Information
Standard status
Active
Size
1,324 SF
Property subtype
Quadruplex
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$8,234
Building Details
Building Size
1,324 SF
Year Built
1981
Listing Agency:
William Raveis Florida, LLC
Listed By:
Lee R Petereit · License #3336469
(561) 309-7106
Source:
Pposf
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 1:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William Raveis Florida, LLC
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Investment Insights
Based on property information with market context.
This 1,324-square-foot villa has two bedrooms and two bathrooms, with an open interior finished in tile. The kitchen has been updated and includes newer appliances. Impact windows and sliding doors connect the living space to a patio, while bringing natural light into the home. The property was built in 1981.
Key Highlights
- 1,324‑square‑foot villa with two bedrooms and two bathrooms
- Updated kitchen with newer appliances
- Impact windows and sliding doors opening to a patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,362
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,240
$407.2K
Cap Rate 7%
$290,886
$290.9K
Cap Rate 9%
$226,244
$226.2K
Market Conditions
NOI Build-Up for 1,324 SF
Gross rent
$38.8K $29.28/SF
− Vacancy
−$1.7K −$1.32/SF
EGI
$37.0K $27.96/SF
− OpEx
−$16.7K −$12.58/SF
NOI
$20.4K $15.38/SF
Area
Palm Beach County, FL
Vacancy
4.50%
Lease Rate
$29.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,240
Cap Rate 7%
$290,886
Cap Rate 9%
$226,244
Alternative Uses
Best Use
Apartment 5plus
$290.9K
$254.5K – $339.4K
NOI $20,362 @ 7.0% cap · market cap 3.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$932.4K
$815.9K – $1.09M
NOI $65,270 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
899
Businesses Nearby
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Business Placement
Demographics for 33477, FL
12,683
Population
10,986
Households
1.2
Avg Household Size
68
Median Age
58%
College-Educated
97%
High-School Grad
6.2 sq mi
ZIP Area
2,046
Density / Sq Mi
$104,107
Median Household Income
$62,458
Median Earnings
$2,576
Median Rent
$612,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Tile finishes, impact windows and patio sliders complement the updated kitchen.
Where is this residential income property located?
The property is located at 1127 E SEMINOLE Avenue 15D Jupiter, FL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 1,324‑square‑foot villa with two bedrooms and two bathrooms; Updated kitchen with newer appliances; Impact windows and sliding doors opening to a patio
