Port Salerno
REAL ESTATE
Surfside law forces sale of Jupiter beachfront condo but it will need zoning change first
Owners of the Beach Sound Condominium on Jupiter Island, fearful of multi-million dollar repair bills, have agreed to sell their four-story, 12-unit building to a partnership affiliated with Kolter Group, according to documents filed with Palm Beach County. But for the sale to take place, the builder wants the county to change the zoning code to allow a bigger building to be built without the developer having to seek a variance. The issue will be addressed...
Jupiter townhome project lands $47.5 million construction loan
Forté Development secured a $47.5 million construction loan for Forté Luxe, a 17-unit luxury townhome project in Jupiter. New York-based 360 Capital Funding provided the loan. The multi-level residences are located on a peninsula that juts into the Intracoastal Waterway. Pricing ranges from $4.35 million to $8 million....
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