Seaglass Townhomes-PERMIT READY 23 TH’S

23 Unit Apartment Building | $4,999,995 ($217,391/Unit) | Jupiter, FL 33458

Asking Price $4,999,995

Property Type: Multifamily
Square Feet: 41,400 SF

Listing Contacts

Jerome Rich

Verified Profile

Property Info

Property Overview

Excited to present a remarkable opportunity that's just hit the market: a prime land listing located in one of Jupiter's most sought-after areas. Situated in a highly desirable location, this property stands as one of the last remaining lots available for development in the area.
Key Highlights:
Location: 550 Bush Re, Jupiter FL
Land Size: 2.93 Acres
Development Approval: Approved for 23 townhomes with 2-car garages
Property Status: Permit ready with all construction documents in hand and paid for!
Features: Each townhome comprises 3 bedrooms, 3.5 bathrooms, and a spacious 2-car garage, offering a total of 2,000 square feet under air
Investment Opportunity: Comparable sales in the neighborhood indicate a lucrative $350 per square foot
Pricing: Accepting offers with guidance ranging from $200,000 to $225,000 per unit
This listing comes with immense potential for profit and growth, making it an ideal investment opportunity for developers and investors alike. For a comprehensive overview of the property, please refer to the attached brochure. Additionally, initial plans are included, with more detailed plans available upon commencement of the due diligence period.
If you're interested in seizing this opportunity or require further information, please don't hesitate to reach out. I'm here to assist you every step of the way.

Property Details

Class: B
Year Built: 2025
Stories: 2
Lot Size (sq. ft): 128,938 SF
Units: 23

Highlights

Seaglass Townhomes offers a rare investment opportunity with a 23-unit mid-rise, multi-family property.
Shell space unit at Seaglass Townhomes features essential amenities including air conditioning, kitchen, and oven.
Strategically positioned minutes from Jupiter, Florida's downtown and I-95, with Palm Beach International Airport just a 33-minute commute away.
Nearby amenities include Publix, Walmart, Home Depot, and a vibrant dining scene with Pollo Tropical, Brass Ring Pub, and El Fogoncito Mexican Cuisine

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