Saturday, August 13, 2016

The Keyes Co. Brokers $5.6 Million Sale of Jupiter, FL Estate

Drew Saporito
Jupiter, FL -- The Keyes Company has announced the $5.6 million sale of a waterfront estate located at 314 W. Riverside Drive in Jupiter. Keyes Agent Drew Saporito represented the buyer in the transaction, which is the most expensive deal of the year for the Loxahatchee River neighborhood.

Built in 2003 on nearly one acre, the stunning six-bedroom, six-bathroom Mediterranean-style estate has more than 9,000 square feet of living space. Interior features include a recently completed master suite and bathroom with dual spa showers, a light and audio system, steam room and yoga studio.

The property includes a resort-style pool and spa, lazy river, private boat dock and two-bedroom, two-bathroom guest house.

The California-based buyer is making an initial foray into South Florida with the purchase of 314 W. Riverside Drive. A Palm Beach County resident was the seller.

Kristen Danzig

A Jupiter native, Saporito said the transaction underscores Jupiter’s transformation into a premier destination for luxury residential buyers who covet “an active water lifestyle.”

“Five years ago, Jupiter was more of a hidden gem within the broader Palm Beach County high-end housing market,” said Saporito. “Now you have major celebrities like Michael Jordan here, and stars like Tiger Woods opening a restaurant in the town. Jupiter is definitely on the map.”

Kristen Danzig of Virtual Global Realty represented the seller in the 314 W. Riverside Drive transaction.

Independently-owned and operated since its founding in 1926, Keyes is extremely active in luxury residential real estate alongside its Valore Group Real Estate and Platinum Properties divisions. The combined companies are a premier luxury leader.

The company is a Founding Member and Shareholder of Leading Real Estate Companies of the World®, a global network of more than 550 premier real estate firms encompassing 4,000 offices and more than 128,000 Sales Associates in 55 countries.

Michael Jordan

“This Jupiter transaction is another example of the tremendous work our Sales Associates do within the ultra-luxury market in Palm Beach County and beyond,” said Keyes CEO Mike Pappas.

Last month, Keyes and Illustrated Properties announced the completion of a merger between the two companies, which continue to operate under their existing brands.

Following the merger, Keyes and Illustrated are, together, the largest independently-owned real estate firm in Florida and a Top 25-ranked firm in the entire United States. In Palm Beach County alone, the companies have in excess of 1,100 Sales Associates and produce double the volume of their closest competitor.
For a complete copy of the company’s news release, please contact:

Ashley Fierman
Account Executive, BoardroomPR
O 954-370-8999
C 954-330-1554

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