708 Weldwood Road

FIRST SHOWINGS TUESDAY, SEPTEMBER 22ND Turnkey Income-Producing Jupiter Compound | True Mother-in-Law Suite | Resort-Style Living 708 Weldwood Road is far more than a traditional 4-bedroom, 3-bath Jupiter home. It combines resort-style living, a true independent mother-in-law suite, and an established short-term rental business on a 10,018-square-foot lot with no HOA. The property features a beautifully renovated 3-bedroom, 2-bath main residence plus a separate approximately 400-square-foot, 1-bedroom, 1-bath pool house suite with its own full kitchen and living area. Together, the property offers approximately 2,008 square feet of living space and tremendous flexibility for an investor, seasonal owner, multi-generational family or full-time resident. A Proven Short-Term Rental — Not a Projection The short-term rental market has evolved. Increased competition means reviews, amenities, professional management, pricing history and an established reputation matter more than ever. 708 Weldwood already has that foundation. An active vacation rental since 2021, the property has accumulated 200+ five-star reviews, Superhost status, an active Palm Beach County short-term rental permit, professional management through Evolve, established pricing and calendar history, and future reservations already on the books. Most importantly, the investment story is based on operating performance—not hypothetical rental projections. The property generated approximately $105,000 in actual revenue in 2025. For 2026, revenue is projected at approximately $116,345, with an estimated NOI of $67,610. At the $869,000 furnished and turnkey asking price, that represents an approximately 7.8% cap rate. There is also approximately $29,800 in forward bookings and receivables, including approximately $16,800 associated with late-2026 bookings and another $13,000 extending into 2027. This isn't a house looking for an Airbnb strategy. It's an established short-term rental business that comes with an exceptional Jupiter home. Turnkey From Day One For an investor, much of the difficult work has already been done. The property is offered fully furnished and turnkey for $869,000, including furniture, appliances, linens and amenities. Evolve currently manages the property at a 10% management fee, making it particularly appealing to an out-of-area investor or anyone seeking a more hands-off ownership experience. The established rental operation, STR permit, professional photography and listing content, pricing history and future reservations provide a significant head start compared with purchasing a home and attempting to build a vacation-rental business from scratch. Transfer of permits, reservations, management arrangements and other business components remains subject to verification and applicable requirements. An Investment You Can Actually Enjoy Unlike many traditional investment properties, 708 Weldwood gives an owner the opportunity to personally enjoy the asset. Continue operating it as a full-time vacation rental. Use it as a Jupiter second home while generating income during the months you're away. Purchase it now as an investment and potentially transition it into your Florida residence later. It may also be attractive to a 1031-exchange buyer seeking an established income-producing replacement property. The flexibility is part of the value—you aren't locked into a single ownership strategy. A True Mother-in-Law Suite The separate pool house adds another dimension that's difficult to duplicate. With its own bedroom, bathroom, full kitchen and living area, this is not simply an extra bedroom or converted space. It's a genuinely independent living environment. It can provide privacy for an aging parent, adult child, extended family or long-term guests while keeping everyone close. For buyers seeking multi-generational living, the property offers separation and independence without requiring two different homes. Your Own Private Jupiter Resort The backyard is a major reason vacation guests love the property—and why it works equally well as a private residence. The outdoor environment includes a heated saltwater pool and spa, fully screened lanai, WiFi-controlled Pentair pool system, putting green, artificial turf, 65-inch outdoor Smart TV, gas grill, cornhole, hammock and multiple entertainment areas. Inside, the renovated home continues the upscale feel with premium appliances including a Sub-Zero refrigerator and Monogram convection oven. Additional improvements include a standing-seam metal roof, hurricane shutters, and an upgraded Lennox 22-SEER HVAC system with UV treatment, carbon filtration and antimicrobial ductwork designed to provide exceptional indoor air quality and humidity control. For buyers with recreational vehicles or boats, the property also offers RV/boat parking with a 15' x 80' concrete driveway—and there is no HOA. One Property. Multiple Ways to Own It. That's what separates 708 Weldwood Road from a conventional Jupiter listing. Live here full time. Create a multi-generational family compound. Make it your Jupiter vacation home and generate income while you're away. Continue the established short-term rental operation. Consider it for a 1031 exchange. Or purchase it as an investment today with the possibility of making it your Florida home in the future. At $869,000 furnished and turnkey, the opportunity combines the real estate, furnishings, premium appliances, resort-style amenities, independent guest residence and an established short-term rental operation with approximately $116,345 in projected 2026 revenue, $67,610 in projected NOI, a 7.8% cap rate, 200+ five-star reviews and approximately $29,800 in forward bookings and receivables. 708 Weldwood Road is a Jupiter home, private resort and proven income-producing asset—all in one property.

Property Details

Location

Legal

MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.

Provided By
Listed by Christopher Adair (#FLL276636597)
Listing Office: United Realty Group, Inc (#FLL276533552)