Hudson Capital Properties, a private local developer, acquired the Bella Villagio Townhomes near Jupiter, Florida, for $15 million or just under $940,000 per townhouse.

The 16-unit property is in the village of Tequesta, a northern Jupiter suburb. Constructed in 2017 and located at 3770 County Line Rd., the property has three shopping centers within one mile, as well as proximity to beaches.

The property was originally listed for $15.9 million, according to marketing materials. It was last sold in 2021 for just under $10 million.


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It's a gorgeous south Florida day you think to yourself as you step outside. The temperature is finally below 80 degrees, and there is a slight breeze with just a few clouds in the sky. You realize it's been a while since you entertained the neighbors. With the holiday season upon us, it is a great time to invite the neighbors over for some good food and holiday entertainment before the stress begins. 

Seafood makes everyone happy, so you head to the local grocery store only to find the fish is not so local. Vietnam? Thailand? Why not Jupiter? How can we support local if one is not presented with local options. Fret not my friends. Palm Beach County has numerous seafood markets to accommodate your seafood desires and needs.


PINDERS SEAFOOD AND…

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National homebuilder D.R. Horton paid $9.35 million for a development site just east of Avenir in Palm Beach Gardens.

Northlake 20 LLC, managed by Carlo Aldo Basile in Loxahatchee, sold 16.5 aces on the southwest corner of Northlake Boulevard and Bay Hill Drive, south of the Sandhill Crane Golf Club to the Arlington, Texas-based homebuilder (NYSE: DHI). Property data firm Vizzda confirmed the buyer and seller information.

The property was annexed into Palm Beach Gardens in 2018. D.R. Horton filed a rezoning application for the property in 2021 under the name Vintage Oaks. The plan was approved for 111 townhouses and 366 parking spaces. The site plan by West Palm Beach-based WGI shows a gated community with 20 buildings, two lakes, a pool, a…

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Will sunny Palm Beach County remain a bright spot for real estate in 2024?

The county's red-hot real estate market is expected to remain steady next year, but one sector already is showing signs of cooling off, at least looking ahead for the next few months.

While high interest rates have hurt housing prices in some major cities, the migration of people to southeast Florida during and after the pandemic continues to fuel demand for homes, shops and offices. However, the frenzy for office space has waned during the past year, prompting business leaders to predict that demand for space will continue in 2024 but at a slower pace.

On the housing front, Palm Beach County continues to see strong demand, albeit with thin supply.

Median prices for…

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Index Investment Group wants to build an office project with retail, a café, apartments and a marina in Jupiter, marking at least the third time the firm has attempted to develop the waterfront site in seven years. 

The Jupiter-based company is proposing the two-building project on 3 acres it owns at 401 North Alternate A1A along a canal, according to an application Index filed to the town and records database Vizzda.

Flagler’s Wharf, as the project is called, would include a five-story building with 30,000 square feet of offices on the top two levels, parking on the first three levels, and about 2,000 square feet of ground-floor retail, Index founder Bjarne Borg told The Real Deal. Roughly 20,000 square feet of the office space would be for…

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The Cannonsport apartments and the adjoining marina on Singer Island in Palm Beach Shores sold for $58.5 million.

Cannonsport Condominium LLC and CNRI-Cannonsports LLC, both affiliates of Columbus, Ohio-based Nationwide Realty Investors, sold the 36 apartments at 176 Lake Drive and the 54-slip marina to PBS Condominium LLC, PBS Marina LLC and Marina Parcel B, managed by Jay L. Lobell of Baltimore-based JSB Capital Group and Ryan B. Johnson of Palm Beach Gardens-based Johnston Group.

S3 RE Cannonsport Funding provided a $60 million loan to the buyer. Property data firm Vizzda confirmed the buyer and seller information.

However, the actual purchase price may have been higher than $58.5 million to account for assets not related to real estate,…

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