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Built in 2004 - 265 units - 3 floors

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Building Information

Somerset at Abacoa

Number of units: 265
Active listings for rent: 8
Active listings for sale: 3
Building inventory for sale: 1%
Number of sales over the last 12 months: 17
Number of sales over the last 6 months: 8
Number of sales over the last 3 months: 5
Avg. time to close over last 12 months: 45 days

Address

224-276 Murcia Dr, Jupiter, Palm Beach, FL, 33458

Somerset Property Management:
GRS Management Associates, Inc
Phone: (561) 641-8554

Property Manager: Leslie Susich

Onsite: (561) 625-1609

Link: http://www.grsmgt.com

Recent Sales

Unit # Size Closing Date Sale Price PPSF
303 849 sq ft Apr 2024 $300,000 $353
103 1,716 sq ft Apr 2024 $540,000 $315
102 2,306 sq ft Feb 2024 $530,000 $230
308 1,211 sq ft Jan 2024 $415,000 $343
113 1,281 sq ft Jan 2024 $417,000 $326
313 1,359 sq ft Jan 2024 $400,000 $294

Market Information

Building vs Area

Somerset at Abacoa: $300/sq. ft.
Jupiter: $492/sq. ft.

Area vs City

Jupiter $492/sq. ft.
Palm Beach $454/sq. ft.

Inventory for sale

Jupiter: 3%
Palm Beach: 3%

Avg. time to close over last 12 months

Somerset at Abacoa 45 days
Jupiter: 64 days
Palm Beach: 55 days