550 Bush Rd - Residential LAND FOR SALE


Jupiter, FL 33458- Outer Palm Beach Gardens/Jupiter127,631 SF
$4,999,995 USD
561-933-9611
550 Bush Rd, Jupiter, FL for Sale
$4,999,995 USD
Residential LAND - FOR SALE
1/9
127,631 SF


HIGHLIGHTS

  • Seaglass Townhomes offers a rare investment opportunity with a 23-unit mid-rise, multifamily development.
  • Shovel-ready townhouse project in one of Jupiter's last prime development parcels with strong ROI potential in a rapidly appreciating area.
  • Delivered in shell condition, the units at Seaglass Townhomes will include air conditioning, a kitchen, and an oven.
  • Strategically positioned minutes from Downtown Jupiter and Interstate 95, with Palm Beach International Airport just a 33-minute commute away.
  • Nearby amenities include Publix, Walmart, The Home Depot, and a lively dining scene with Pollo Tropical, Brass Ring, and El Fogoncito Mexican Cuisine.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,999,995 USD

PRICE/ACRE

$1,706,480/AC

PRICE/SF

$39 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Seaglass Townhomes | 23 Permit-Ready THs

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Multi-Family, Apartment Units, Apartment Units - Condo, Single Family Development

LAND ACRES

2.93 AC

LAND SF

127,631 SF

OFFSITE IMPROVEMENTS

-

ZONING

R3

APN/PARCEL ID

30-42-41-03-04-000-0120

ASK ABOUT THIS PROPERTY

Miles RichRich Properties LLCMore Info
561-933-9611

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Miles RichRich Properties LLCMore Info
561-933-9611

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.