Greetings Jupiter Reef Club Owners,
As always, I hope this update finds you well, and even when you are far from the Jupiter Reef Club you remain apprised of association happenings.
This is a friendly reminder that our Annual meeting and Election is quickly approaching. A notice was mailed to each of you and we encourage you to mark your calendars for Tuesday, April 4th at 5pm. Please see the below notice.
Occupancy & Rentals
The Jupiter Reef Club operates at full occupancy throughout most of the year. The post pandemic travel boom remains strong during all weeks at the Reef Club. In 2022 only 1% of unit/weeks were unoccupied.
Additionally, we had a record-breaking year in terms of rentals, and our rental rates increased in July to reflect the demand. Every year analysis must be performed to ensure the Jupiter Reef Club’s niche market is appropriately harnessed.
Resales
While the Association does not manage the resales, we do pay close attention to the sales data made available to us. We are thrilled to report that in 2022, a record ninety-six unit weeks were sold. Twenty-seven unit weeks are currently sale pending. Welcome to all the new owners! All units available for purchase can be viewed by clicking the sales tab at the top of this page.
Property Improvements
Our commitment to maintaining and improving the beautiful Jupiter Reef Club remains unwavering. In the past year we made several upgrades and improvements, including replacing all king mattresses, adding a beach access stairway, repaving the front parking lot, replacing unit decks, and updating the pool shower.
Recently the tile countertops on three of the gas grills were updated with granite countertops and wood plank tile back splash.
The countertops in the A and several of the D units have been replaced with white sparkle quartz. Kitchen cabinet knobs have been replaced with updated hardware with a metal finish to match the faucet. We are in the process of replacing many of the stoves and dishwashers to ensure that each unit has high quality appliances.
The original electrical panels from 1983 have been replaced to meet the most up to date safety standards. Sarbellio and our maintenance staff did an excellent job patching, sanding, priming, and painting the drywall to make it look brand new again.
The Jupiter Reef Club board of directors and I commit to continuously maintaining and increasing the value of your vacation ownership. While meeting our fiduciary responsibilities we are dedicated to progressively upgrading interiors, improving building structures, and maintaining common areas for your vacation enjoyment. The excellence of the Jupiter Reef Club is made possible thanks to your ownership and commitment. We hope to see you at the Annual meeting. Please do not hesitate to reach out if you have any questions or concerns.
Sincerely,
