Cays Realty
232 Bears Club Drive, Jupiter, FL 33477 — MLS photo

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232 Bears Club Drive, Jupiter, FL 33477

Active · SingleFamilyResidence

$21,500,000

232 Bears Club Drive, Jupiter, FL 33477

Beds
5
Baths
8
Living area
8,677 sq ft
$ / sq ft
$2,478/sq ft
Year built
2010
Lot size
41,638 sq ft
HOA fee
$1,897 Monthly
Annual tax
$241,306

About this property

Located on nearly an acre along the second hole of the Nicklaus signature course at The Bears Club, this custom estate residence seamlessly integrates modern elements with timeless charm. This spectacular estate residence is a bespoke fusion of styles, blending the finest pieces from European and American design houses like Odegard and Lapchi , and lighting fixtures sourced from the prestigious Italian company Barovier and Toso. Intricate hand-painted wallpaper and stunning millwork adorn its interior, accentuating the architectural splendor. The Miele kitchen, designed for hosting gatherings, features high-gloss lacquer cabinets complemented by an iridescent glass tile backsplash. There have been many recent updates including the replacement and upgrades to the HVAC systems.

Property location

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232 Bears Club Drive, Jupiter, FL 33477

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Facts & features

Interior

Bedrooms
5
Bathrooms
8
Living area
8,677 sq ft
Flooring
Carpet, Hardwood, Marble, Wood
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Zoned
Heating
Central, Zoned
Interior features
Wet Bar, Built In Features, Entrance Foyer, Eat In Kitchen, High Ceilings, Living Dining Room, Custom Mirrors, Split Bedrooms, Shower Only, Bar, Walk In Closets, Central Vacuum, Elevator, Pantry
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2010
Stories
2
Lot size
41,638 sq ft
Architectural style
Split Level
Roof
Concrete, Spanish Tile, Tile
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Patio
Pool
Pool
Spa
Heated, In Ground
View
Golf Course, Lake

Parking

Garage spaces
4
Covered spaces
4
Parking features
Attached, Garage, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Association fee
$1,897 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Security
Amenities
Clubhouse, Elevators, Golf Course, Pool, Guard
Security
Security System, Gated With Guard, Security System Leased, Fire Sprinkler System
Pets allowed
No
Annual tax
$241,306
Subdivision
BEARS CLUB
County
Palm Beach
Days on market
175
MLS listing ID
B26022087
Listing status
Active

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

Estimated monthly cash flow

-$69,199

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-13.8%
Gross yield
4.2%
Mortgage payment
$101,921/mo
Down payment
$5,375,000
Loan amount
$16,125,000
Annual NOI
$392,665

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