1. Home
  2. Blog
  3. Jupiter Land Once Sold For $1 Per Acre

Jupiter Land Once Sold For $1 Per Acre

Posted by Jessi Thomson on Wednesday, January 21st, 2015 at 11:31am.

1acre_500

Once upon a time, Jupiter Land was sold for an amazing $1 per acre! It was the year 1815 when the King and Queen of Spain awarded Don Eusebio Gomez, a merchant/shipper and protector of St. Augustine, 12,000 acres for his services to the crown. This land bordered the Loxahatchee and Indian Rivers and also consisted of a barrier island nestled between the Jupiter and St. Lucie Inlet. Named “Jobe,” after the Roman mythology god, this area of land would later be known as the “Gomez Grant”, as it was granted clear title after all Spanish Land Grants were challenged by the U.S. Government when Florida officially became a U.S. territory.

In 1821, Mr. Gomez sold 8,000 acres to Joseph Delespine, and within a year Mr. Delespine sold 4,000 acres to Michael Lazarus for $4,000, a fantastic $1 per acre. It only took a quick two years, however, for Mr. Lazarus to sell his 4,000 acres for $50,000, with much of the land being utilized for pineapple and coconut plantations. 

Mr. Gomez’ remaining 4,000 acres, which encompassed what would later be Jupiter Island, was left unsold until 1892. It was around this time that Henry Flagler purchased the railroad careening through the area, which signified an upcoming land boom. Naturally, a group of English investors known as the Indian River Association bought the remaining parcels of the “Gomez Grant” and would later construct water and electric plants, as well as the initial Hobe Sound Bridge. With that, Jupiter Island was birthed.

Nearly a century later, Hobe Sound aspired to become the new Hollywood, as it was renamed the “Picture City;” however, after the devastating hurricane of 1928, all dreams of grandeur were set aside and Hobe Sound returned to its former tranquil state, one that still holds present day, attracting many people from all over the country who simply wish for a serene place to live.

To learn more about the highly coveted areas of Hobe Sound or Jupiter Island, please contact a knowledgeable specialist at Waterfront Properties & Club Communities by emailing info@wfpcc.com or calling 561-746-7272.

1acre2_740

Leave a Comment