Seaglass Townhomes presents a rare investment opportunity in Jupiter within one of the area's most desirable and fastest-growing locations. This 2.93-acre parcel at 550 Bush Road is among the last remaining development sites in the neighborhood, offering immediate potential for a residential project.
Fully permitted, the development includes paid construction documents, allowing developers to move forward without delay. Approved plans feature 23 townhomes with three bedrooms, three and a half bathrooms, a two-car garage, and approximately 2,000 square feet under air.
From an investment perspective, the potential is impressive. Market comparables suggest a resale value of approximately $350 per square foot, offering a compelling profit margin for developers. Offers are being accepted with guidance from $200,000 to $225,000 per unit, making this a rare and attractive opportunity to secure a high-quality product in a strong growth market.
Residents will benefit from proximity to essential retailers such as Publix, Walmart Supercenter, and The Home Depot, along with a vibrant local dining scene, including favorites such as Pollo Tropical, Brass Ring Pub, and El Fogoncito Mexican Cuisine. 550 Bush Road is minutes from Jupiter's charming downtown and Interstate 95, with Palm Beach International Airport (PBI) only a 33-minute drive away, balancing accessibility and suburban appeal.
Preliminary plans are available, with full documentation provided during the due diligence period.