400 Ocean Trail Way 308, Jupiter, FL 33477 — MLS photo

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400 Ocean Trail Way 308, Jupiter, FL 33477

Active · Condominium

$640,000

400 Ocean Trail Way 308, Jupiter, FL 33477

Beds
2
Baths
2
Living area
1,170 sq ft
$ / sq ft
$547/sq ft
Year built
1983
Lot size
—
HOA fee
$1,681
Annual tax
—

About this property

Furnished or unfurnished! Great updated 2/2 condo in the desirable 400 building of Ocean Trail. Unit just painted inside. The garages, and pool deck will be completely updated and state of the art in a few short months. This building is the closest to the Inlet and all its park activities. Upgrades in the unit include high impact windows and sliders, new accordion shutters for extra protection, crown molding throughout, plantation shutters, electric blinds, new AC in late 2023 (Bosch), brand new washer/dryer, stainless steel appliances, granite counter tops , wood cabinetry, and clean as a whistle!! Community includes 24 hour manned gate, tennis, pickleball, pools, whirlpool, grills, under building parking and storage, and best of all, direct oceanfront views and access! Assessments paid!!

Property location

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400 Ocean Trail Way 308, Jupiter, FL 33477

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,170 sq ft

Exterior & Structure

Property type
Condominium
Year built
1983
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,681
County
Palm Beach
MLS listing ID
R11056756
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$2,622

Cap rate
0.8%
Net yield
0.8%
Cash-on-cash return
-17.6%
Gross yield
7.2%
Mortgage payment
$3,034/mo
Down payment
$160,000
Loan amount
$480,000
Annual NOI
$4,941

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.