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$825,000   Price Analysis
Agent Details  share icon     map icon  QR
296 Kane Pl
Jupiter, FL 33458
5 bed 3 bath 2,204 SqFt ($374/SqFt)
0.45 acre lot. Built 1960
Listed 2024-04-24, Taxes $7,471
Ⓧ USDA Ineligible
due to price & location

near Jupiter

Investors

Welcome to your new Jupiter Duplex! This Duplex is over 2, 200 square feet under air - 3, 210 sqft in ttal and built on a large lot. Almost half an acre. This property is zoned RM - Multi-family (Medium Density), so there's room to add more units or structures to this lot if you're looking to add value to the property. This CBS built duplex currently has both sides rented and both are currently on month-to-month leases. They are both currently paying under market rental values at $1, 800/mo and $4, 500/mo respectively.

296 is a 3 bedroom, 2 bathroom home with a private pool in the backyard. This home also has an attached carport and a storage shed with electricity that can be converted to an additional bedroom or garage. 298 is a 2 bedroom, 1 bathroom home with a patio overlooking the large private backyard with mature tree and lawn. The current owner renovated the entire property in 2019, upgrading with new kitchens, bathrooms, flooring, plumbing, electrical panels/outlets/switches, new appliances, new fencing, French doors to the patios and hurricane p anels. You definitely don't want to miss this excellent opportunity, to own a cash flowing investment property conveniently located in the heart of Jupiter Florida.


Presented by Holly Meyer Lucas at
COMPASS.
Listing Agent Photo

Property MLS #RX-10981143 from BeachesMLSFlex

Bedrooms: 5

Total Bathrooms: 3
Full Bathrooms: 3

Cooling Features: Central
Heating Features: Central

Flooring: Ceramic Tile

Fence
Open Patio
Room for Pool
Shed

Pool Features: Inground
Pool Private: Yes

Carport Features: 2.00
Carport Spaces: 2

Lot Description: 1/4 to 1/2 Acre
Lot Size Acres: 0.4517906
Lot Size Square Feet: 19680

View: Garden, Pool

Association: No
Association Amenities: Lawn Care, Pest Control, Pool Service, Water
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 0

Elementary School: Jupiter Elementary School
High School: Jupiter High School
Middle School: Jupiter Middle School

Jupiter Elementary School is a public elementary school located approximately 0.3 miles away.
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Jupiter High School is a public high school located approximately 0.5 miles away.
directions icon Map directions

Jupiter Middle School is a public middle school located approximately 2.2 miles away.
directions icon Map directions

Jupiter Academy is a private elementary and middle school located approximately 0.4 miles away.
directions icon Map directions

Gross Income: 75600.00
Tenant Pays: Cable, Electric

Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 3
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 2
Unit-1 Description: A/C Unit, Dishwasher, Dryer, Kitchen, Laundry, Patio, Range - Electric, Refrigerator, Smoke Detector, W/D Hookup, Washer
Unit-1 Furnished Description: No
Unit-2 Furnished Description: No

Annual Tax Amount: 8975.79
Source Listing Status: Active
County: Palm Beach
Directions: From I-95 drive East. Turn Left (North) on Philadelphia Dr. Turn Right (East) on Kane Place.
Tax Year: 2023
Restrictions: Lease OK
Source Property Type: Residential Income
Area: 5100
Source Neighborhood: PENN PARK REPLAT
Subdivision: PENN PARK REPLAT
Zoning: RM
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$369,996
$7,471
2021$216,360 + $120,000
$336,360
$6,569
2020$172,732 + $116,400
$289,132
$5,776
2019$121,711 + $110,400
$232,111
$4,828
2018$unknown + $unknown
$190,797
$3,391
2017$unknown + $unknown
$177,871
$3,165
2016$unknown + $unknown
$166,028
$3,044
2015$unknown + $unknown
$155,994
$2,876
2014$unknown + $unknown
$146,778
$2,750
2013$unknown + $unknown
$137,955
$2,579
2012$unknown + $unknown
$131,612
$2,761
2011$unknown + $unknown
$123,201
$2,649
2010$unknown + $unknown
$135,528
$2,895
2008$unknown + $unknown
$141,810
$2,849
2007$unknown + $unknown
$183,613
$3,071

Listed 2024-04-24
$825,000
BeachesMLSFlex
Listing removed 2024-03-17
$0
BeachesMLSFlex
Listed 2023-12-08
$950,000
BeachesMLSFlex
Listing removed 2023-11-21
$0
BeachesMLSMatrix
Listed 2023-10-08
$950,000
BeachesMLSMatrix
Listing removed 2023-04-13
$0
BeachesMLSMatrix
Price Changed 2023-01-16
$950,000
BeachesMLSMatrix
Listed 2022-12-10
$1,050,000
BeachesMLSMatrix
Sold 2018-08-09
$230,000
Public Record
Sold 1986-06-01
$90,900
Public Record
Sold 1969-01-01
$23,000
Public Record

Net Operating Income: 57404.00
Operating Expense: 18196.00

Total Square Feet Living: 2204
Year Built: 1960
Construction Materials: CBS, Stucco
Living Area Source: Tax Rolls
Property Age: 64
Property Condition: Resale
Roof: Comp Shingle
Levels or Stories: 1.0
Structure Type: Duplex
Total Area Sqft: 3210
Year Built Details: Resale

Electric: Yes
Electric
Public Sewer
Public Water
Water Source: Public Water
Click Thumbnail Images To View Full Size
poolunknownhouse_viewunknownunknown
porchunknownunknownunknownunknown

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.