First-Time Buyers & Investors — Don't Miss This One!
Welcome home to this freshly updated 3-bedroom, 2-bath single-family home with 1 car garage on private end lot and NO HOA!
Sitting on a spacious nearly 10,000 sq ft lot, this CBS-built home offers solid construction and peace of mind with a newer 2021 roof , 2018 a/c and full hurricane shutters for added protection and insurance savings.
Enjoy modern updates in the kitchen & primary bath, while the sunroom is newly refreshed and adds cheerfully lit living space!
Buyer Incentives:
-ZERO down payment available for qualified buyers!
-$36,000 seller credit for 10 year leaseback of detached 2-car garage which is totally separated from main home but value is all yours! — use toward closing costs, rate buy down,. (ie: buy your rate down into the 4.5% range) or other buyer expenses!
<à Property Highlights
Solid Fundamentals: A CBS (Concrete Block Structure) home is the gold standard for Florida durability.
Recent Updates: The 2021 roof and 2018 A/C are massive wins. In Florida, an old roof can make a home uninsurable or extremely expensive to cover; a 4-year-old roof significantly lowers your insurance premiums.
Location: Jupiter/Tequesta are highly desirable areas. Being on the Martin County side, property taxes are generally lower than in Palm Beach County.
=° The "Hidden" Value: The $36,000 Credit
The most unique part of this listing is the $36,000 seller credit for a 10-year leaseback of the detached garage. Here is how that math works in your favor:
Rate Buy-Down: If you use a very small portion of that $36k to "buy down" your interest rate, you could drop a ~7% market rate into the 4.5%-5% range. This could save you $400-$600 every month on your mortgage payment.
Closing Costs: You could potentially walk into this house with almost zero out-of-pocket expenses if combined with a zero-down loan program.
The Catch: You lose access to the detached 2-car garage for 10 years (A SELLER NON-NEGOTIABLE). You still have the 1-car attached garage for your personal use, but the seller will likely be using the detached space for storage.
With lower Martin County taxes, no HOA, and monthly payments lower than most area rentals, this is one of the most affordable starter homes in all of Jupiter and Tequesta.
Don't wait - opportunities like this are rare! Schedule your showing today. All sizes and fees approx. Buyer to verify to their satisfaction. Please note virtual staging has been utilized on some photos.