$6,500,000
SOLD MAY 22, 2025
0.87 Acres
$7,471,264 Price per Acre
37,897 Sq Ft Lot

Recently Sold

$1,454 Per Sq Ft

13% Below List Price

98 Days on Market

Highlights

  • River View
  • Waterfront
  • No HOA
  • Limestone Creek Elementary School Rated A-

About This Lot

As of May 2025

Here's a rare chance to own a waterfront lot on one of Jupiter's most desirable streets. Situated on Pennock Point, this property offers approximately 114 feet of water frontage with stunning, unobstructed water views, and views of the Jupiter Lighthouse. With no fixed bridges and easy ocean access, it's perfect for anyone who loves being on the water. The lot is cleared, filled, and graded, setting the stage for your future vision. Pilings are already in place, making it dock-ready, and a 10,000 lb boat lift has been installed to accommodate your boating needs. Utility preparations have been thoughtfully handled, with underground systems and FPL connections already in place. The southern exposure enhances the property's appeal, providing sunlight and warmth throughout the day. This is currently the only waterfront lot available in Pennock Point that's ready for immediate development, offering a unique opportunity to create something truly special.

Last Agent to Sell the Property

Robert Thomson

Waterfront Properties & Club C License #0465514 Listed on: 01/03/2025

Waterfront Properties & Club C

Last Buyer's Agent

Michael Ivancevic

Illustrated Properties License #3236432

Illustrated Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $77,306

Lot Details

  • 0.87 Acre Lot
  • Lot Dimensions are 84 x 414 x 114 x 395
  • Waterfront
  • Property fronts a county road
  • North Facing Home
  • Site Plan Filed

Property Views

  • River Views

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424035010040050

Community Details

Overview

  • No Home Owners Association
  • Pennock Point Subdivision

Recreation

  • No Fixed Bridges

Property Details

Property Type

Land

Est. Annual Taxes

$77,306

Lot Details

0.87 Acres

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Directions: Center Street to Loxahatchee River Rd. Make a right on Pennock Point Rd. Lot straight ahead on the north side.
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Exterior Features

  • View: River
  • Fencing: Fenced
  • Lot Features: Cleared, Rural Lot
  • Road Frontage Type: County Road
  • Topography: Filled
  • View: Yes
  • Waterfront Features: No Fixed Bridges
  • Waterfront: Yes
  • Direction Faces: North

Utilities

  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Propane, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 00424035010040050
  • Current Use: Single Family
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.87
  • Lot Size: 84 x 414 x 114 x 395
  • Lot Size Sq Ft: 37978.0
  • Possible Use: Single Family
  • Mobile Dim Units: Feet
  • Zoning: RS

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 77305.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2025
Closed on
May 22, 2025
Sold by
Pennock Point Estates Llc
Bought by
Lendalk Properties Llc
Seller's Agent
Robert Thomson
Waterfront Properties & Club C
Buyer's Agent
Michael Ivancevic
Illustrated Properties
List Price
$7,500,000
Sold Price
$6,500,000
Premium/Discount to List
-$1,000,000
-13.33%
Views
22
Current Estimated Value
$6,341,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$158,660
Avg. Annual Appreciation
-2.97%

Purchase Details

Listed on
May 3, 2023
Closed on
May 5, 2023
Sold by
Stewart Nick T
Bought by
Pennock Point Estates Llc
Seller's Agent
Robert Thomson
Waterfront Properties & Club C
Buyer's Agent
Michele cronin
LPT Realty, LLC
List Price
$5,900,000
Sold Price
$5,897,046
Premium/Discount to List
-$2,954
-0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%

Purchase Details

Closed on
Oct 6, 2020
Sold by
Kamradt Sherry A
Bought by
Stewart Nick T

Purchase Details

Closed on
Sep 8, 2011
Sold by
Lumetta Maybelle C
Bought by
Stewart Nick T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2004
Sold by
Lumetta Maybelle C and Lumetta Mathew A
Bought by
Lumetta Mathew A and Lumetta Maybelle C

Purchase Details

Closed on
Jul 30, 1997
Sold by
Lumetta Mathew A and Lumetta Maybelle C
Bought by
Lumetta Maybelle C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $6,500,000 None Listed On Document
Warranty Deed $6,500,000 None Listed On Document
Warranty Deed $5,546,110 Atlantic Coastal Land Title
Warranty Deed -- Attorney
Warranty Deed $2,100,000 Cove Title Services
Interfamily Deed Transfer -- --
Quit Claim Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2025 05/22/25 Sold $6,500,000 -7.1% $1,454 / Sq Ft
03/14/2025 03/14/25 Price Changed $6,995,000 -6.7% $1,565 / Sq Ft
01/02/2025 01/02/25 For Sale $7,500,000 +27.2% $1,678 / Sq Ft
05/05/2023 05/05/23 Sold $5,897,046 -0.1% $1,319 / Sq Ft View Prior Sale
05/03/2023 05/03/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $5,900,000 -- $1,320 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $77,306 $4,700,000 -- --
2024 $77,306 $4,700,000 -- --
2023 $83,635 $4,194,153 $0 $0
2022 $70,617 $3,812,866 $0 $0
2021 $62,060 $3,559,084 $2,040,000 $1,519,084
2020 $56,456 $3,151,129 $2,000,000 $1,151,129
2019 $55,649 $3,067,221 $2,000,000 $1,067,221
2018 $51,612 $2,956,868 $1,946,636 $1,010,232
2017 $50,262 $3,060,097 $1,946,636 $1,113,461
2016 $23,573 $2,410,119 $0 $0
2015 $44,400 $2,191,017 $0 $0
2014 $40,282 $1,991,834 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11048684

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-40-35-01-004-0050

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