The Keyes Company has announced the $5.6 million sale of a waterfront estate located at 314 W. Riverside Drive in Jupiter. Keyes Agent Drew Saporito represented the buyer in the transaction, which is the most expensive deal of the year for the Loxahatchee River neighborhood.

Built in 2003 on nearly one acre, the stunning six-bedroom, six-bathroom Mediterranean-style estate has more than 9,000 square feet of living space. Interior features include a recently completed master suite and bathroom with dual spa showers, a light and audio system, steam room and yoga studio. The property includes a resort-style pool and spa, lazy river, private boat dock and two-bedroom, two-bathroom guest house.

The California-based buyer is making an initial foray into South Florida with the purchase of 314 W. Riverside Drive. A Palm Beach County resident was the seller.

A Jupiter native, Saporito said the transaction underscores Jupiter’s transformation into a premier destination for luxury residential buyers who covet “an active water lifestyle.”

“Five years ago, Jupiter was more of a hidden gem within the broader Palm Beach County high-end housing market,” said Saporito. “Now you have major celebrities like Michael Jordan here, and stars like Tiger Woods opening a restaurant in the town. Jupiter is definitely on the map.”

Kristen Danzig of Virtual Global Realty represented the seller in the 314 W. Riverside Drive transaction.

Independently-owned and operated since its founding in 1926, Keyes is extremely active in luxury residential real estate alongside its Valore Group Real Estate and Platinum Properties divisions. The combined companies are a premier luxury leader.

The company is a Founding Member and Shareholder of Leading Real Estate Companies of the World®, a global network of more than 550 premier real estate firms encompassing 4,000 offices and more than 128,000 Sales Associates in 55 countries.

“This Jupiter transaction is another example of the tremendous work our Sales Associates do within the ultra-luxury market in Palm Beach County and beyond,” said Keyes CEO Mike Pappas.

Last month, Keyes and Illustrated Properties announced the completion of a merger between the two companies, which continue to operate under their existing brands.

Following the merger, Keyes and Illustrated are, together, the largest independently-owned real estate firm in Florida and a Top 25-ranked firm in the entire United States. In Palm Beach County alone, the companies have in excess of 1,100 Sales Associates and produce double the volume of their closest competitor.

About The Keyes Company: Independently-owned and operated since 1926, The Keyes Company is a leader in the real estate industry. Keyes completed a merger with Illustrated Properties in July 2016. Following the merger, Keyes has 58 offices, more than 3,000 Associates and nearly $6 billion in annual real estate sales and services. Keyes’ offices are distributed throughout six counties – Miami-Dade, Broward, Palm Beach, Martin, St. Lucie, and Volusia. Keyes expands our Associates’ reach globally as a Founding Member and Shareholder of Leading Real Estate Companies of the World®. In addition to our Associates’ expertise, The Keyes Company offers a suite of resources to cover whatever needs arise while buying or selling your home. Your mortgage, title, insurance, and property management needs can all be managed in-house, allowing us to close your deal with speed and efficiency while giving you the opportunity to talk to a real person whenever you have a question.