Newswire Residential

Illustrated Properties Announces the Successful $30,180,000 Sale of 103 Lighthouse Drive, Shattering Current Local Price Record

103 Lighthouse Drive, Palm Beach, Florida

Forbes Global Properties, the exclusive real estate partner of Forbes, announces the successful sale of 103 Lighthouse Drive by Illustrated Properties’ Vince Marotta and co-listing agent and builder Tony Hernandez. Illustrated serves as the global network’s exclusive representative in Palm Beach, one of Florida’s most sought after communities.

103 Lighthouse Drive was on the market for just 22 days, significantly outperforming the October 2024 market average of 70 days. This transaction also breaks the Jupiter Inlet Colony price record previously held by 102 Lighthouse Drive, which closed in June 2023 for $21,400,000. 103 Lighthouse Drive was previously sold in September 2020 for $6,100,000, and the existing residence was torn down to make way for this new build by High Tide Waterfront Properties.

103 Lighthouse Drive is situated on ¾ acres of the exclusive Jupiter Inlet Colony, directly on the crystal clear, blue water of the Intracoastal Waterway and just yards from the Jupiter Inlet. Spanning 8,179 square feet, the two-story residence provides generous space for entertainment and relaxation, and includes multiple seating areas that take advantage of the stunning views, a home gym with sauna, private study, and home theater. Anticipating the needs of future owners, the floor plan was designed with both a primary suite and great room on both levels to accommodate either parents with young children or empty nesters who seek a private space for their guests. The home provides for seamless indoor/outdoor enjoyment, and includes a huge sun deck with outdoor summer kitchen and fire pit, pool and spa with a waterfall spillway and steppingstone bridge, and a sandy beach with a custom designed Tiki Hut. The western edge of the property has a seawall, dock, and lift — all overlooking the iconic Jupiter Lighthouse.

Vince Marotta is the #1 Producer at Illustrated Properties since 2019, and one of the top selling realtors in South Florida. He is recognized among the industry’s elite, both locally and nationally, and was counted by RealTrends and the Wall Street Journal as One of the Top 200 Realtors in America for 2022.

Owner of High Tide Waterfront Properties and co-listing agent, Tony Hernandez has been the recognized expert for customer waterfront homes in Palm Beach County for more than a decade. He provides personalized customer service and acute attention to detail to ensure that each home is uniquely situated to maximize views of the waterfront and capture the essence of South Florida living.

Forbes Global Properties provides branding and marketing services to the world’s premier real estate firms and is represented by the highest caliber of real estate professionals across 26 countries in more than 525 locations. As members of this global exclusive network, Illustrated Properties, and in turn its sellers, benefit from Forbes’ engaged audience of more than 140 million to connect, inspire, and inform affluent potential homebuyers about the finest properties throughout Palm Beach and around the world.

Homes like 103 Lighthouse Drive are presented across Forbes and Forbes Global Properties print, digital, and social media channels, and paired with expert commentary, timely market data, and top-tier editorials.

The buyer of 103 Lighthouse Drive was represented by Devin Teal of Welcome Home Realty International.