341 Indiantown RdJupiter, FL 33458

  • Office buildings
  • 1,000 SF
For Sale
$799,000 View listing

Property Details for 341 Indiantown Rd

Year built
1958
Construction
WOOD
Lot size
0.09 AC
Property size (Sq ft)
1,000 SF
Zone code
C2
Property type
Office buildings
APN
30-42-41-01-07-029-0151
APU
30424101070290151

Description

This exceptional commercial property offering presents a rare opportunity to acquire two adjacent buildings situated on a highly visible section of Indiantown Road in the heart of Jupiter, Florida. The buildings, 341 and 337, boast prime frontage on this major east/west corridor, benefiting from substantial daily traffic volume. Located conveniently between Military Trail and Alternate A1A, the property enjoys unparalleled accessibility to I-95, the Turnpike, US1, and the ocean. Each building has undergone significant renovations. Building 337, encompassing 800 square feet, has been completely remodeled. Building 341, offering 1000 square feet, has also been extensively updated, featuring a new roof, fresh paint, an attractive architectural arch addition, and a new air conditioning system. The combined lot size is 0.09 acres. The seller is motivated to sell both buildings together, presenting a unique opportunity for investors or businesses seeking a prominent presence in this thriving Jupiter location. The asking price for both buildings is $649,999.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $414,678
    6.5%
    $382,780
    7%
    $355,438
  • Comparable approach

    Method
    Valuation
    Relative Method
    $254,910
    Geo Method
    $254,910
  • Alternative Use

    Use
    Valuation
    Residential
    $474,647
    Hospitality
    $434,774
    Educational
    $361,727
    Medical
    $374,167
    Retail
    $562,686

Location Insight

City
Jupiter
County
Palm Beach
State
Florida
Latitude
26.9344
Longitude
-80.099
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,584
$110,044
$144,693
$254,737
-
$110,044
$144,693
$254,737

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