Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Waterfront Land in Jupiter, Florida Title is generated by Realmo AI

    5559 Pennock Point, Jupiter, FL 33458

    View on Map
    Claim this Listing
    Pending
    $14,000,000

    LAND - Jupiter, FL

    Lot size:
    1.90 Acres
    Added:
    Mar 31, 2026
    Days on Market:
    66
    Last Refresh:
    Jun 4 at 1:06 pm

    Property Features for 5559 Pennock Point

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RT
    Standard status
    Pending
    APN
    00424035220000020
    Lot size
    1.90 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LITTLE SPRING LT 2
    Tax Annual Amount
    53005

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public
    Water front
    1

    We can help!

    Listing Contact
    Gary B Pohrer

    Listing agent Gary B Pohrer License #3068785

    Listing office Serhant 648 George Bush Blvd., New York, FL

    Listing date Mar 31, 2026

    MLS# B26009285 Listing URL

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1.9 acre property on the Loxahatchee River in Pennock Point.
    • Enjoy 165 feet of river frontage.
    • Direct boating access to waterfront dining and offshore fishing (less than 5 minutes).
    • Regulation tennis court with cabana.
    • Private dock.
    • Public water and sewer available.

    Overview

    This 1.9-acre property is a prime building site located on the Loxahatchee River in Jupiter's Pennock Point neighborhood. The property features 165 feet of river frontage and approximately 540 feet of depth, presenting an opportunity to create a custom waterfront estate. It offers direct boating access, with a short ride to waterfront dining and offshore fishing. Existing improvements include a regulation tennis court with cabana, a tranquil pond, and a private dock.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Real Estate Agency Law Firm Building Supply Dental Office Hotel & Motel Gym & Fitness Center Kitchen & Bath Showroom Storage Facility HVAC Service Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jupiter
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.118774
    Latitude
    26.945924

    Nearby Similar for Sale

    • $3,200,000
      6,090 SF

      Preschool and Flexible Commercial Building

      Currently operating as a preschool with an interior layout that can support office, medical, or specialty uses and on-site parking.
      100 Intracoastal Pointe Drive, Jupiter, FL 33477
      View Details
    • $11,495,000
      30,377 SF

      Jupiter Office/Warehouse Property For Sale

      30,377 SF office/warehouse in Jupiter Commerce Park on 1.92 acres.
      3126 Jupiter Park Drive, Jupiter, FL 33458
      View Details
    • $309,900

      Jupiter Yacht Club Marina Slip

      Marina slip accommodating vessels up to 51' in Jupiter.
      348 S Us Highway 1, Jupiter, FL 33477
      View Details
    • $295,000

      Jupiter Yacht Club Boat Slip

      Prime boat slip in Jupiter Yacht Club Marina.
      348 S Us Highway 1, Jupiter, FL 33477
      View Details
    • $1,500,000
      3,950 SF

      Light Industrial Warehouse with Fenced Yard

      Light industrial asset with on-site parking and fenced outdoor storage, suited for trades, fabrication, or warehousing; currently occupied.
      101 Fern Street, Jupiter, FL 33458
      View Details
    • $260,000

      Jupiter Yacht Club Marina Slip

      39-foot boat slip with private finger pier.
      348 S Us Hwy 1, 17, Jupiter, FL 33477
      View Details
    • $295,000

      Jupiter Yacht Club Boat Slip

      Prime boat slip in Jupiter Yacht Club Marina for sale.
      348 S Us Highway 1, Jupiter, FL 33477
      View Details
    • $1,475,000

      Riverfront Lot in Jupiter, FL

      Cleared riverfront lot with utilities and dock in Jupiter.
      10541 SE Le Parc, Jupiter, FL 33458
      View Details
    • $874,995

      Jupiter Organic Farm Land Available

      2.79 acres of upland pasture near Riverbend Park.
      9538 171st Street N, Jupiter, FL 33478
      View Details
    • $740,000

      Golf Course Lot in Jupiter

      0.76-acre lot in gated golf community, Jupiter, Florida.
      19051 SE Old Trail Drive W, Jupiter, FL 33478
      View Details
    • $4,295,000

      Waterfront Land on Loxahatchee River

      Rare waterfront property on the Loxahatchee River in Jupiter.
      1305 Peninsular Road, Jupiter, FL 33469
      View Details
    • $4,880,000

      Waterfront Land in Jupiter, Florida

      Rare waterfront property with private beach and stunning river views.
      114 W Riverside Drive, Jupiter, FL 33469
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - 1.9 acres with 165 feet of river frontage.
    Where is this waterfront land located?
    The property is located at 5559 Pennock Point Jupiter, FL.
    What is the asking price?
    The asking price for this property is $14,000,000.
    What are key features of this property?
    This property features: 1.9 acre property on the Loxahatchee River in Pennock Point.; Enjoy 165 feet of river frontage.; Direct boating access to waterfront dining and offshore fishing (less than 5 minutes).
    (561) 262-0856
    We can help!
    Listing Contact
    Gary B Pohrer
    Real Estate License ID: 3068785
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5559 Pennock Point, Jupiter, FL 33458
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!