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For Sale

18947 SE Federal Hwy

18947 SE Federal Highway,
Jupiter (Unincorporated), FL 33469

Asset Snapshot

2009
Year Built

Offering Summary

Investment Overview

Rare Waterfront Redevelopment Opportunity in Jupiter, Florida An exceptional opportunity to acquire a distinctive waterfront property strategically positioned along U.S. Highway 1 in Jupiter, Florida. Situated on approximately 0.77 acres, the property offers approximately 220 feet of waterfront, 225 feet of high-visibility U.S. 1 frontage, and an existing approximately 186-foot dock with two 50-foot boat slips. Located in unincorporated Martin County near the Palm Beach County line, the property carries a Marine Waterfront Commercial Future Land Use designation with current R-3A Liberal Multi-Family Residential zoning, creating the potential for several compelling redevelopment concepts. Potential uses include a waterfront restaurant or hospitality destination, boutique hotel/resort, multi-family or townhome development, or single-family waterfront residences, subject to applicable governmental, environmental, subdivision and regulatory approvals. Significant due diligence has already been completed to help prospective buyers and developers evaluate the opportunity, including zoning and land-use research, marine and seagrass evaluation, and dock feasibility analysis. The existing dock may offer additional value for a future waterfront commercial concept, while the marine study also identifies potential private-dock opportunities associated with future approved single-family development. The property's location provides convenient access to Jupiter, Tequesta, Jupiter Island and the Northern Palm Beaches, surrounded by some of South Florida's most desirable coastal communities. Boating, beaches, golf, dining, shopping and other lifestyle amenities are all within easy reach. With its combination of waterfront frontage, U.S. 1 visibility, existing dock infrastructure, strategic location and multiple potential redevelopment paths, 18947 SE Federal Highway presents a rare opportunity for an investor or developer seeking a significant waterfront presence in the Jupiter market. All development concepts are conceptual and subject to applicable governmental, environmental, zoning, site-plan, subdivision and regulatory approvals.


Investment Highlights

  • Rare Jupiter Waterfront Redevelopment Opportunity
  • Approximately 0.77 Acres
  • Approximately 220 Feet of Waterfront
  • Approximately 225 Feet of High-Visibility U.S. Highway 1 Frontage
  • Existing approximately 186-Foot Dock with Two 50-Foot Boat Slips
  • Marine Waterfront Commercial Future Land Use
  • Current R-3A Liberal Multi-Family Residential Zoning
  • Multiple Potential Redevelopment Paths
  • Potential Waterfront Restaurant / Hospitality Destination
  • Potential Boutique Hotel / Resort
  • Potential Multi-Family / Townhome Development
  • Potential Single-Family Waterfront Development, subject to subdivision approval
  • Potential for Individual Private Docks with Up to Two Boat Slips per Future Approved Single-Family Lot, subject to permitting and approvals
  • Existing Dock May Offer Significant Value for a Future Waterfront Commercial Concept, subject to regulatory approval
  • Extensive Zoning, Land-Use, Marine, Seagrass and Dock Feasibility Due Diligence Completed
  • Strategically Located in Martin County Near the Palm Beach County Line
  • Convenient to Jupiter, Tequesta, Jupiter Island and the Northern Palm Beaches
  • Exceptional Combination of Waterfront, Visibility, Access and Redevelopment Potential

How it Works

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Listing Syndicated From

Buildout
For Sale
$17,750,000
Asking Price