Luxury Meets Sustainability: 1 Hotels-Branded Oceanfront Condos Launch on Jupiter Island

Elite Developers Unite to Transform Jupiter Island's Luxury Landscape

Real estate powerhouses Jeffrey Soffer and Barry Sternlicht are making waves in the luxury market with their latest collaboration—an exclusive oceanfront condominium project that brings the renowned 1 Hotels brand to Jupiter Island's residential sector. The high-end development, named 1 Homes Jupiter Island, represents a strategic expansion in this coveted barrier island market traditionally dominated by luxury single-family estates.

The 10-story boutique development will feature just 26 meticulously designed residences at 300 Beach Road in Tequesta, situated on the southern portion of Jupiter Island. This limited collection of ultra-luxury condominiums will range from 4,000 to 6,000 square feet, offering spacious three- and four-bedroom configurations designed for discerning buyers. The exclusivity factor is further elevated by three penthouse units, each boasting private rooftop terraces and spa facilities.

With pricing spanning from $11 million to $27 million and completion targeted for 2027, this development aims to set new standards for oceanfront living in the region. The project marks a significant milestone as it brings the sustainability-focused 1 Hotels brand—known for its luxury hotels blending natural elements with sophisticated design—into the residential sphere on Jupiter Island.

A Strategic Follow-Up to Recent Success

For Soffer's Fontainebleau Development, this project follows the tremendous success of SeaGlass Jupiter Island, a similar boutique condominium venture that achieved an impressive $168.8 million sellout in 2023. That 10-story, 21-unit development, built in partnership with Perko Development Partners, demonstrated the strong market demand for luxury condominiums in this historically single-family-dominated market.

The design vision for 1 Homes Jupiter Island brings together acclaimed Miami-based Swedroe Architecture for the building's exterior and the renowned interior design firm Fanny Haim & Associates to craft the sophisticated living spaces. Their collaborative approach promises to deliver residences that harmonize with the natural oceanfront setting while providing the refined luxury expected at this price point.

The property's amenity collection, while boutique in nature, offers the curated experiences that affluent buyers demand, including a thoughtfully designed pool area, elegant social spaces, and dedicated salon and spa facilities. These amenities reflect the wellness-oriented philosophy of the 1 Hotels brand, bringing its signature approach to sustainable luxury into the residential context.

Strategic Land Acquisition Fueling Development Momentum

The development site has an interesting history that reflects the transformation occurring on Jupiter Island. Soffer acquired the 2.3-acre oceanfront parcel for $30.6 million in 2021, replacing the aging Island House SouthEast condominium that had stood since 1967. This acquisition strategy continued when Soffer purchased the adjacent Regency Condominium at 250 Beach Road for approximately $100 million in 2022.

That neighboring 3.3-acre site is slated for another luxury condominium development—a 10-story, 34-unit project also being developed by Soffer and Perko Development Partners. These twin developments signal a significant evolution in Jupiter Island's real estate landscape, with aging structures being replaced by ultra-luxury contemporary offerings.

The development momentum gained further traction in July when the Kolter Group and Perko secured a crucial zoning amendment that opens the door for additional condominium development on the island, potentially accelerating the area's transformation from a primarily single-family luxury market to one that embraces high-end vertical living options.

Jupiter Island: A Magnet for Elite Homebuyers

Jupiter Island has long been a sanctuary for high-profile individuals seeking privacy and oceanfront luxury. The area's prestigious reputation continues to attract notable buyers across industries. In 2023, University of Alabama football coach Nick Saban invested $17.5 million in an oceanfront estate on the barrier island. The previous year, Conair heiress Babe Rizzuto acquired an oceanfront property for $35 million, further cementing the area's status as a premier destination for ultra-high-net-worth individuals.

The completed SeaGlass development has already welcomed an impressive roster of residents, including Krispy Kreme CEO, BitPay CEO Stephen Pair, and Big Ten commissioner Tony Petitti. In a testament to the area's appreciating values, Petitti later sold his unit for $9.4 million—realizing a remarkable 71 percent gain on his investment.

These high-profile transactions illustrate not only the caliber of buyers attracted to Jupiter Island but also the substantial investment potential these properties represent. The limited inventory and exclusive nature of the island create a perfect environment for value appreciation, as evidenced by the impressive returns some residents have already realized.

Insights: Jupiter Island Luxury Real Estate Trends

What makes Jupiter Island different from other luxury markets in Florida?

Jupiter Island offers an unparalleled combination of exclusivity and natural beauty. Unlike more densely developed areas like Miami Beach or Palm Beach, Jupiter Island maintains a more secluded atmosphere with stricter development regulations. The island's approximately 8-mile stretch contains significantly fewer residences than comparable luxury areas, creating a sense of privacy and exclusivity that's increasingly rare in Florida's luxury market.

How is the 1 Hotels brand influencing residential development?

The 1 Hotels brand brings its signature sustainability-focused luxury approach to residential development. Known for its use of reclaimed materials, biophilic design principles, and wellness orientation, the brand's entrance into the residential market represents a significant evolution in how luxury properties are being conceptualized. Buyers increasingly value developments that combine opulence with environmental consciousness, and the 1 Hotels brand delivers precisely this balance.

Why are developers targeting Jupiter Island for luxury condominium development now?

Jupiter Island is experiencing a generational shift in its real estate landscape. Many of the existing structures were built decades ago and no longer meet the expectations of today's luxury buyers. This creates an opportunity for developers to acquire aging properties, often through bulk buyouts of condominium associations, and replace them with contemporary offerings that command premium prices. Additionally, wealthy buyers are increasingly seeking lock-and-leave properties that offer the exclusivity of Jupiter Island without the maintenance requirements of a large estate.

What return on investment can buyers expect from these ultra-luxury condominiums?

While specific returns vary, the Jupiter Island market has demonstrated strong appreciation potential. The 71 percent gain realized by Tony Petitti on his SeaGlass unit exemplifies the potential upside in this market. The limited inventory, combined with growing demand from wealthy buyers seeking Florida residences for tax advantages and lifestyle benefits, creates favorable conditions for long-term value appreciation.

How will these developments change Jupiter Island's character?

While Jupiter Island will likely maintain its exclusive nature, these developments represent a modernization of the island's real estate offerings. The shift toward luxury condominiums provides options for wealthy buyers who desire oceanfront living without the maintenance responsibilities of a large estate. However, strict development regulations and the relatively small scale of these projects ensure that Jupiter Island will retain its uncrowded, private character that residents value.