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18947 SE Federal Hwy 1,886 SF Retail Building Jupiter, FL 33469 $22,500,000 ($11,930.01/SF)
Investment Highlights
- A rare waterfront redevelopement opportunitywith Commercial Waterfront Future Land Use designation.
- 220 foot beach, 225 feet of SE Federal Hwy, 186 foot dock with (2) 50' boat slips
- Situated between 2 existing Waterfront Resort Commerial (WRC) properties, offering significant long-term redevelpment potential subject to County.
Executive Summary
A truly rare waterfront redevelopment opportunity on prestigious US Highway 1 in Jupiter, offering approximately 220 feet of pristine waterfront with a private beach, a 186-foot dock with two 50-foot boat slips, and 225 feet of prime US Highway 1 frontage. The property features a Commercial Waterfront Future Land Use designation and is strategically positioned between two existing Waterfront Resort Commercial (WRC) properties, presenting exceptional long-term redevelopment potential, subject to Martin County approvals. Located in Martin County, the property also offers the advantage of lower taxes while enjoying a premier Jupiter location. An extraordinary opportunity for investors, developers, or end users seeking one of the area's most unique waterfront properties.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,886 SF
Building Class
C
Year Built
1961
Price
$22,500,000
Price Per SF
$11,930.01
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.72 AC
Zoning
R3A - Currently zoned R-3A (Liberal Multiple-Family Residential). The properties Future Land Use (FLU) is Commercial Waterfront
Parking
10 Spaces (5.3 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Pylon Sign
- Waterfront
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 19-40-43-000-000-00360-0 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,990,249 |
Property Taxes
Parcel Number
19-40-43-000-000-00360-0
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,990,249
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18947 SE Federal Hwy
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