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| 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.
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| 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.
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| 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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