TOP 5 AFFORDABLE CONDO COMMUNITIES IN JUPITER: Chasewood, Abacoa Town Center, Jupiter Village, Somerset Abacoa and Sea Lofters in Jupiter Ocean Racquet Club are all great choices for Jupiter affordable condo living. When budgeting for your new condo purchase, it's important to factor in condo fees which can often run hundreds of dollars a month. But keep in mind, these fees often cover building insurance, maintence and repairs as well as cable TV, water and internet.

Jupiter Florida has become one of the hottest real estate markets in Palm Beach County, and finding an affordable home in the area is not as easy as it once was. Some things to take into consideration are financing, as first time home buyers rarely have the 20% down required to purchase a condo. Single family homes and townhomes have less restrictions when it comes to qualifying for a mortgage with down payments as low as 3%. Or in the case of a VA loan, 0% down (condos rarely qualify for a VA).

#1. Chasewood Condos are located just east of I-95 and offer 1, 2 and 3 bedroom units south of Indiantown Road. Priced from the mid $100's to low $200k, the condo association is tightly run and the clubhouse, tennis courts, pools and grounds are well maintained. CBS construction, 2 story buildings contain 8 units per building. 4 on each floor. Generous covered screened porches run the width of each condo (except in a few rare cases), and sliding doors provide access and plenty of light.

#2. Abacoa Town Center also known as Village at Abacoa are in the center of the Abacoa downtown area with elevator access condos above the shops and restaurants on Town Center Drive and Main Street and street level entry units to the east of the retail / commercial district. Parking garages and on street parking in addition to assigned resident parking are available. 1, 2 and 3 bedroom condos in the commercial district are secured key fob access only. Condo fees include building insurance, elevator maintenance, common ground maintenance, basic cable and high speed Internet.

#3. Jupiter Village condos live like townhomes in that they are 1 and 2 stories with parking in front of each unit. The legal definition of a condo vs. a townhome is that in a condo you do not own the land under your property. A majority are wood frame construction and built in the late 1980's, they're located within close proximity to Chasewood Condos. There are multiple phases of condos in Jupiter Village; Sherwood Circle, Palmetto Court and the Lakewood Drive section are all affordable choices in the area.

#4. Somerset Abacoa community is newest construction in our "Top 5 Affordable" list of condos. Although they are the most expensive, they make up with it in value. Alta Homes initially constructed the community as a high end rentals. As the real estate market heated up in 2004, Alta Homes opted to convert to condos and offered minimal choices in upgrades - as granite, wood cabinets and mid level appliances were already part of the package. To keep pricing affordable, color choices were predetermined per home and only 2 color pallets were available. The community clubhouse, fitness center, pool, tot lot, BBQ area, putting green and mail room station are situated in the center of the community and offer resort style amenities far above any other neighborhood on this list. There are a variety of floor plans to choose from, starting in the upper $100's for 1 bedroom units. Larger 2 & 3 bedroom plans start in the low $200's and increase in price with larger square footage and garage options.

#5 Sea Lofters / Jupiter Ocean Racquet Club communities are steps from the beach. Sea Lofters and JORC offer 1 and 2 bedroom floor plans. Sea Lofters offer ground floor and walkups, where JORC are secured buildings with elevators. Sea Lofters offer private courtyards with key access. JORC units are also available in sprawling 3 bedroom floor plans and the furthest east building's upper floors feature panoramic views of the Atlantic ocean.

Click here for a complete list of affordable Jupiter FL homes!

Denise Samouilidis
Realtor Associate at Mirsky Realty Group
4580 Donald Ross Road #107
Palm Beach Gardens FL 33418

561-308-0007