Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1061 E Indiantown Rd Jupiter, FL 33477

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Class-A office space with monument signage and private terraces.

    Type:Office
    Added:
    Jul 26, 2021
    Days on Market:
    1735
    Last Refresh:
    Mar 17 at 1:17 pm

    Property Features for 1061 E Indiantown Rd

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    1984

    Spaces For Lease

    at 1061 E Indiantown Rd Contact us

    410 $30 /Mo

    Size
    1,348 SF
    Type
    Office
    Efficient layout featuring two private offices, and kitchen/break area, and a reception...
    show more
    Contact us

    500 $30 /Mo

    Size
    6,986 SF
    Type
    Office
    Rare, full-floor penthouse space available! Elevate your business in the exclusive...
    show more
    Contact us

    We can help!

    Listing Contact
    Grant Brekke

    Listing agent Grant Brekke License #SL3638728

    Listing date Jul 26, 2021

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Grant Brekke

    Overview

    Premier Jupiter Office Space Available

    Available now is a rare, top-floor penthouse office space located in Reynolds Plaza, a five-story Class-A office building in Jupiter, Florida. The property has prominent frontage on East Indiantown Road, east of US-1 and near the beach. The building features high-end finishes, a modernized lobby, upgraded common areas, and scenic ocean and town views from upper floors. The property is professionally managed and was recently updated. Its location is adjacent to the Maltz Jupiter Theatre and within walking distance of retail and dining destinations including Harbourside Place and The Shoppes at Jupiter. Easy access to A1A, I-95 and the Florida Turnpike. The estimated CAM for 2026 is $17.00 per square foot, which includes electric.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nationwide Tax Consulting Tax Preparation RE/MAX DIRECT Jupiter ... Real Estate Agency FedEx Drop Box Postal Service Kenneth M. Rothman, ... Physician Seaside Wealth Management, ... Financial Advisor

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Jupiter
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0757334
    Latitude
    26.9344249

    Nearby Similar for Lease

    • $2,450/Mo

      Office Condo in Prime Location

      Office condo in Jupiter, walk to beaches and parks.
      725 N Hwy A1a, Jupiter, FL 33477
      View Details
    • $8,715/Mo

      New Industrial Warehouse Space

      New commercial industrial warehouse space for lease in Jupiter, Florida.
      14701 Walgreens Drive, Jupiter, FL 33478
      View Details
    • $35 SF/Yr

      Medical Condo Near Jupiter Medical

      Medical condo in Jupiter's medical district, near Jupiter Medical Center.
      210 Jupiter Lakes Boulevard, Jupiter, FL 33458
      View Details
    • Sponsored
      Contact for pricing

      Harbourside Place

      110 Front St, Unit 300, Jupiter, FL 33477
      View Details
    • $30 SF/Yr

      Class-A Office Building in Jupiter

      Premier coastal location with high-end finishes and unmatched visibility.
      1061 East Indiantown Road, Jupiter, FL 33477
      View Details
    • $30 SF/Yr

      Upgraded Office Building Near Jupiter

      First-class office building with recent upgrades, near beaches and amenities.
      1061 E Indiantown Rd, Jupiter, FL 33477
      View Details
    • $28 SF/Yr

      Retail/Office Space with Storefront Glass

      End-cap retail/office space with excellent street presence and natural light.
      200-208 Hibiscus St, Jupiter, FL
      View Details
    • $26 SF/Yr

      Retail/Office Space with Overhead Door

      962 SF retail/office space with prominent entry and visibility.
      212-220 Hibiscus St, Jupiter, FL
      View Details
    • Contact for pricing

      Retail and Restaurant Space Available

      Retail and restaurant spaces for lease in Jupiter, Florida.
      901 W Indiantown Rd, Jupiter, FL 33477
      View Details
    • $36 SF/Yr

      Jupiter Stand-Alone Building For Rent

      Stand-alone building near Jupiter hospital suitable for medical, retail, office.
      201 Toney Penna Dr, Jupiter, FL 33458
      View Details
    • $40 SF/Yr

      Retail Space in Premier Center

      Retail space available in Jupiter's premier shopping center.
      75 E Indiantown Rd, Jupiter, FL
      View Details
    • $50 SF/Yr

      Jupiter Office Space For Rent

      Prime office space in Jupiter's desirable coastal business corridor.
      501 North Highway A1A, Jupiter, FL 33477
      View Details

    FAQs

    What type of property is this?
    Office building - Class-A office space with monument signage and private terraces.
    Where is this office building located?
    The property is located at 1061 E Indiantown Rd Jupiter, FL.
    What are key features of this property?
    This property features: Rare, top‑floor penthouse space with private terraces.; Premier coastal location in Jupiter, Florida, steps from the beach.; Unmatched visibility with prominent frontage on East Indiantown Road and monument signage.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Grant Brekke
    Real Estate License ID: SL3638728
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!