Jim's Jupiter  Report       


Platinum Producer 2008/2009/2010

              Top 1% of the agents - $ 8 Million SOLD 2010




                                     Jupiter Key Townhome
                         4 Bedroom 4 Bath - 3,000 sq. ft 2 car garage
                          Beautiful ocean views from the 2nd and third floors
                                     Asking $1,250,000
                                 View Jupiter Key Townhome
                        Jupiter Yacht Club
               Original List Price - $895,000 
                  Reduced again to $625,000
                      2 Bedroom plus a den
Look at the Intracoastal views from your condo.
Enjoy your community pool which sits on the marina and the Intracoastal. Two  underground parking spaces.
                        View Jupiter Yacht Club
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       Jupiter Report  May 5, 2011 
             Thinking of Selling?
   Know someone looking  to SELL!
                            Call Me!
This week we had 63 homes close, down from last weeks 69 and  well above the average of 50 we have been seeing. This week coming up I think we are going to have the best week of the year as I have been watching the pending listings and we have seen alot of homes go under contract awaiting to close. 
You need to watch the price changes and new listings very carefully. Especially the new listings as there are so many buyers on the sidelines looking for that property that is just right. Priced well, clean, updated and a good location.  If it meets most of the requirements it is scooped up rather fast.
 I want everyone to look and see what has been selling at $200,000 and less and as you can see your not getting much out there in that price range. Don't believe the fish stories you hear out there. Below is a great article from the Palm Beach Post from the property appraiser saying prices have leveled off. He has a non biased opinion and you should read the article.
               Foreclosures and Short Sales
Everyone is looking for foreclosures and short sales here in Florida. This is what the bank is doing now with their foreclosed properties. They are now listing them at a really competitive prices and are incurring multiply offers. They then  go back to all the buyers and say we have multiply offers and to resubmit your highest and best offer with a short window to reply causing excitement in the buyers.
Now the buyer wanders what you have to pay to buy this property. You don't know the offers or how many offers.
You could loss the property by a few dollars or overpay by thousands. It makes it a very difficult decision  to come up with a final price of what you should pay. You are basically throwing a dart at a price and if you really want the property what do you have to pay to own it.
In the long run you may lose several properties and become frustrated. At the end of the day you can see why many people are shying away from foreclosures and bidding on seller owned properties. At least you know where you stand and you can make your buying decision knowing what the final price will be. You have the power to win or lose  and if you are going to own the property or loss it. Next time you see a foreclosure think about what is happening with the bank owned properties.

Palm Beach County property appraiser says home value plunge appears to be leveling off

                  Click link above to view article

 Ritz Carlton Fractional Ownership for Sale: With the home is 5 weeks of use at Jupiter or any of the other Ritz Fractional properties ( Bachelor Gulch, Maui, Aspen, Lake Tahoe, St Thomas) as well as Membership perks at all Ritz Carlton hotels. Asking $210,000. Contact me for details. 
Rentals- Bluffs Ocean South furnished - ocean views seasonal or annual. 2 bedroom 2 bath. Off season short term. $1,800 furnished. Seasonal - $3,800 per month.
The Estuary - 2 bedroom 2 bath with loft overlooking the par 3 golf course. Single car garage, community pool. Walk to beach. Gated community. Fully furnished for next season. 3 month rental at $3,600 per month. Available off season too.
Water Glades - Beautiful ocean views from this corner unit in Singer Island. Fully furnished and available off season or seasonally. Call for rates. 
             Click below to View Trendgrahix
                  Top Ten Report 
My 10 best list remained the same this week.
You will notice that 3 of my recommendations went under contract this week. Dunes Tower PH A, San Remo townhomes  on the beach and Water Glades 4A.
I  attached several unique waterfront properties that might catch your interest. Several townhomes with ocean and /or Intracoastal water views. Lykes Landing on Jupiter Island is a 3,600 sq. ft townhome sitting on the best Intracoastal water in the area. Recently reduced to $1.4 million.
Cote De La Mer and San Remo( Under Contract) both direct oceanfront townhomes on the sand in Juno Beach.
Last but not least but the Jupiter key oceanfront townhome in the gated oceanfront community of Jupiter Key.
On the other end of the spectrum check out the Water Glades condo 4A which overlooks MacArthur Park on Singer Island and Dunes Tower Penthouse with a wrap around balcony with gorgeous water views. Both are in the low $300,000's. Under Contract!
The second is a Harbor home in Admirals Cove. Completely remodeled 2 bedroom plus a den on one floor. Everything is beautifully redone and requires a tennis membership. Boaters, it comes with a 37 ft. dock with ocean access in your backyard which overlooks the golf course and the beautiful water view. Admirals Cove has golf, tennis a wonderful marina and a grand clubhouse.  Take a look at this Harbor home. These homes are selling in Admirals.
Three bedroom plus den models available.
Seaview a beautiful townhome in Juno Beach. Walk to beach, remodeled and asking $359,000.
                 Reduced again to $625,000.
Jupiter Yacht Club Pointe building #506 is still available. It is well priced  and has incredible views. Watch the boats go by on the Intracoastal. A great value, was originally listed at $895,000. Buy it for almost what it sold for new in 2002 decorator ready.
Surf #406 reduced again today from  $365,000 to $345,000. Incredible direct ocean views. New hurricane windows and sliders.  Best Deal in Juno Beach!
                   Jupiter Top Ten Report   
Posted by Jim McLane on
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Hi Ginny, You raise a great question. When we've done our part to crteae an accurate and robust listing why doesn't Google show it? But as you point out it's not only that your listing isn't shown no maps listings are returned! Is it due in part to personalized search? Or, something in the nature of Google's algorithm that makes it impossible to predict what results will be returned? I'm a bit mystified myself and will research further. Thanks for posting your comment.

Posted by Matheus on Saturday, August 11th, 2012 at 6:20am

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