$3,130,000
SOLD FEB 24, 2023 RENTED NOV 1, 2024

1209 Main St Unit 313 Jupiter, FL 33458

Abacoa Neighborhood
-- Bed
-- Bath
719 Sq Ft
1 Acres

Recently Sold

$4,353 Per Sq Ft

4% Below List Price

20 Days on Market

Highlights

  • 43,560 Sq Ft lot
  • Patio
  • Central Air
  • William T. Dwyer High School Rated A-
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of February 2023

Offered for sale is a portfolio of 12 individual rental properties of which 11 are renter occupied. 11 of the 12 units are located within the Village at Abacoa in Jupiter, Florida near the Miami Marlins and St Louis Cardinals spring training facility, restaurants, dining & nightlife. The 12th unit is located just over 1 mile away in Palm Beach Gardens in the gate community of Fiore. All units were built between 2001 and 2004 with new roofs in 2021. Floor plans consist of 1 & 2 bedrooms. Annual gross rents are projected to be $283,200.00. An Offering Memorandum is available upon request. DO NOT DISTURB RENTERS.

Last Agent to Sell the Property

Michael Watson

Mangrove Property Management License #3268165 Listed on: 01/07/2023

Last Buyer's Agent

Shalimar Lavonia

INLET Properties & Investments, LLC License #3049435

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,371

Year Built

  • Built in 2001

HOA Fees

  • $359 Monthly HOA Fees

Home Design

  • Duplex
  • Concrete Roof

Interior Spaces

  • 719 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Patio
  • 1 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 30424123080053132

Community Details

Overview

  • Association fees include cable TV, roof
  • 2 Units
  • Village At Abacoa Condo Subdivision

Building Details

  • Operating Expense $125,407
  • Net Operating Income $157,407

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,371

Year Built

Built in 2001

Lot Details

0

HOA Fees

$359 per month

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 2001
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Laminate, Vinyl
  • Living Area: 719.0

Exterior Features

  • Exterior Features: Patio
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 359.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV, Roof

Lot Info

  • Parcel #: 30424123080053132
  • Lot Size Sq Ft: 43560.0
  • Zoning Description: MXD(ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 157407.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 125407.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3371.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2023
Closed on
Feb 24, 2023
Sold by
Gimbel Harrison Ian
Bought by
Harbor Land Trust
Seller's Agent
Michael Watson
Mangrove Property Management
Buyer's Agent
Shalimar Lavonia
INLET Properties & Investments, LLC
List Price
$3,250,000
Sold Price
$3,130,000
Premium/Discount to List
-$120,000
-3.69%
Views
32
Current Estimated Value
$268,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,861,433
Avg. Annual Appreciation
-63.66%

Purchase Details

Listed on
Jan 7, 2023
Closed on
Feb 23, 2023
Sold by
Harrison Ian Gimbel Irrevocable Trust
Bought by
Gimbel Harrison Ian
Seller's Agent
Michael Watson
Mangrove Property Management
Buyer's Agent
Shalimar Lavonia
INLET Properties & Investments, LLC
List Price
$3,250,000
Sold Price
$3,130,000
Premium/Discount to List
-$120,000
-3.69%
Views
32

Purchase Details

Closed on
May 11, 2010
Sold by
Gimbel Harrison Ian
Bought by
Harrison Ian Gimbel Irrevocable Trust

Purchase Details

Closed on
Mar 15, 2010
Sold by
Cheour Andre and 313 Abacoa Land Trust
Bought by
Gimbel Harrison Ian

Purchase Details

Closed on
Jul 7, 2004
Sold by
Lb Town Center Residential Llc
Bought by
Cheour Andre and 313 Abacoa Land Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,130,000 --
Warranty Deed $3,130,000 None Listed On Document
Deed -- --
Quit Claim Deed -- None Available
Warranty Deed $60,000 Multiple
Special Warranty Deed $137,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Rented $2,200 -2.2% --
09/24/2024 09/24/24 Under Contract -- -- --
09/16/2024 09/16/24 Price Changed $2,250 -1.1% $3 / Sq Ft
08/16/2024 08/16/24 Price Changed $2,275 -4.2% $3 / Sq Ft
08/12/2024 08/12/24 Price Changed $2,375 -0.8% $3 / Sq Ft
07/22/2024 07/22/24 Price Changed $2,395 -4.0% $3 / Sq Ft
07/15/2024 07/15/24 Price Changed $2,495 -0.2% $3 / Sq Ft
07/03/2024 07/03/24 For Rent $2,500 0.0% --
06/28/2023 06/28/23 Rented $2,500 0.0% --
06/16/2023 06/16/23 Under Contract -- -- --
06/09/2023 06/09/23 For Rent $2,500 0.0% --
02/24/2023 02/24/23 Sold $3,130,000 -3.7% $4,353 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
01/07/2023 01/07/23 For Sale $3,250,000 0.0% $4,520 / Sq Ft
01/06/2020 01/06/20 For Rent $1,450 0.0% --
01/06/2020 01/06/20 Rented $1,450 +11.5% --
04/01/2018 04/01/18 Rented $1,300 0.0% --
03/02/2018 03/02/18 Under Contract -- -- --
02/20/2018 02/20/18 For Rent $1,300 +2.0% --
10/24/2016 10/24/16 For Rent $1,275 +2.0% --
10/24/2016 10/24/16 Rented $1,250 +4.2% --
02/04/2015 02/04/15 Rented $1,200 0.0% --
01/05/2015 01/05/15 Under Contract -- -- --
12/18/2014 12/18/14 For Rent $1,200 +9.1% --
01/12/2014 01/12/14 For Rent $1,100 0.0% --
01/12/2014 01/12/14 Rented $1,100 +10.0% --
09/01/2013 09/01/13 Rented $1,000 0.0% --
08/02/2013 08/02/13 Under Contract -- -- --
07/21/2013 07/21/13 For Rent $1,000 -- --
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,310 $224,400 -- --
2023 $3,573 $160,811 $0 $209,400
2022 $3,371 $146,192 $0 $0
2021 $2,953 $145,000 $0 $145,000
2020 $2,788 $138,000 $0 $138,000
2019 $2,616 $127,000 $0 $127,000
2018 $2,322 $112,000 $0 $112,000
2017 $2,251 $111,000 $0 $0
2016 $2,107 $82,522 $0 $0
2015 $2,020 $75,020 $0 $0
2014 $1,959 $68,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10856557

BeachesMLS

APN: 30-42-41-23-08-005-3132