Seaglass Townhomes-PERMIT READY 23 TH’S | 550 Bush Rd
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Seaglass Townhomes-PERMIT READY 23 TH’S 550 Bush Rd
23 Unit Block of Flats £3,944,996 (£171,522/Unit) Jupiter, FL 33458
Investment Highlights
- Seaglass Townhomes offers a rare investment opportunity with a 23-unit mid-rise, multi-family property.
- Strategically positioned minutes from Jupiter, Florida's downtown and I-95, with Palm Beach International Airport just a 33-minute commute away.
- Shell space unit at Seaglass Townhomes features essential amenities including air conditioning, kitchen, and oven.
- Nearby amenities include Publix, Walmart, Home Depot, and a vibrant dining scene with Pollo Tropical, Brass Ring Pub, and El Fogoncito Mexican Cuisine
Executive Summary
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.
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.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | £3,944,996 | Building Class | B |
| Price Per Unit | £171,522 | Lot Size | 2.96 AC |
| Sale Type | Investment | Construction Status | Proposed |
| No. Units | 23 | Building Size | 41,400 SF |
| Property Type | Residential | Number of Floors | 2 |
| Property Subtype | Apartment | Year Built | 2025 |
| Apartment Style | Townhome |
| Price | £3,944,996 |
| Price Per Unit | £171,522 |
| Sale Type | Investment |
| No. Units | 23 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 2.96 AC |
| Construction Status | Proposed |
| Building Size | 41,400 SF |
| Number of Floors | 2 |
| Year Built | 2025 |
Unit Amenities
- Kitchen
- Oven
- Range
Site Amenities
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 3+2.5 | 23 | - | 2,000 |
PROPERTY TAXES
| Parcel Number | 30-42-41-03-04-000-0120 | Improvements Assessment | £55,139 |
| Land Assessment | £1,262,400 | Total Assessment | £1,317,539 |
PROPERTY TAXES
Parcel Number
30-42-41-03-04-000-0120
Land Assessment
£1,262,400
Improvements Assessment
£55,139
Total Assessment
£1,317,539
zoning
| Zoning Code | R-3 (Multi-family residential) |
| R-3 (Multi-family residential) |
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Jerome Rich - Rich Properties LLC
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Seaglass Townhomes-PERMIT READY 23 TH’S | 550 Bush Rd
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