University Of Alabama Acquires Waterfront Estate In Jupiter Island For $17.5M

A waterfront estate on Jupiter Island was sold for $17.5 million, with University of Alabama Head Coach Nick Saban as the buyer. The property, located at 619 South Beach Road, spans 0.4 acres and features a 6,200-square-foot home. It boasts 300 feet of water frontage along both the ocean and Intracoastal Waterway. Bart Kavanaugh and Betty Sacks served as the sellers in this transaction.

Summary of transaction details

• Property Type: Single-Family Residence (SFR)
• Transaction Amount: $17,500,000
• Address: 619 South Beach Road, Jupiter Island
• Market: Jupiter Island
• Buyer: Nick Saban - University of Alabama
• Seller: Bart Kavanaugh & Betty Sacks
• Buyer's Representative: Tom Hughes - Hughes Browne Group - Compass
• Seller's Representatives: Susan Turner & Joanne Wagner - Corcoran Group
• Square Footage: 6,200
• Price Per Square Foot: $2,823

In this high-profile transaction, the University of Alabama's head coach, Nick Saban, made a significant investment in the waterfront estate on Jupiter Island. The property's prime features include its expansive size, totaling 6,200 square feet, as well as its 300 feet of water frontage extending along the ocean and Intracoastal Waterway. Bart Kavanaugh and Betty Sacks, the sellers, successfully closed the deal with the assistance of buyer's representative Tom Hughes from the Hughes Browne Group - Compass and seller's representatives Susan Turner and Joanne Wagner from the Corcoran Group.