1516 Cypress Dr #1, Jupiter

$2,720,000

0 Beds
0 Baths
6,800 Sqft
.49 Acres
0 Garages

Prime Investment Opportunity in Jupiter, FLWelcome to 1516 S. Cypress Drive, Jupiter. FL an exceptional commercial real estate offering in the heart of Jupiter, Florida. This versatile property boasts a combined 6,800 sq. ft. encompassing a strip center, warehouse, and office plaza, providing a lucrative investment opportunity with a gross income of $163,305 per year.Key Features:Diverse Spaces: This property offers a mix of retail, warehouse, and office spaces, catering to a variety of business needs. The 9 top-quality tenants currently in place with existing leases ensure a stable and consistent income stream.Strategic Location: Situated near the intracoastal waterway and the Atlantic Ocean, the property enjoys a prime location in a highly sought-after area.Prime Investment Opportunity in Jupiter, FL

Welcome to 1516 S. Cypress Drive, Jupiter. FL an exceptional commercial real estate offering in the heart of Jupiter, Florida. This versatile property boasts a combined 6,800 sq. ft. encompassing a strip center, warehouse, and office plaza, providing a lucrative investment opportunity with a gross income of $163,305 per year.

Key Features:

Diverse Spaces: This property offers a mix of retail, warehouse, and office spaces, catering to a variety of business needs. The 9 top-quality tenants currently in place with existing leases ensure a stable and consistent income stream.

Strategic Location: Situated near the intracoastal waterway and the Atlantic Ocean, the property enjoys a prime location in a highly sought-after area. This proximity enhances its attractiveness to businesses and tenants alike, providing a unique selling point.

Strong Income Stream: With a gross income of $163,305 per year, this income-producing property is positioned as a solid investment with great potential for future growth.
High Demand Area: Jupiter, FL, is known for its vibrant business environment and scenic surroundings. The demand for commercial properties in this area is consistently high, making this investment an attractive proposition for savvy investors.

Investment Highlights:

Secure Tenancy: The property boasts top-quality tenants with existing leases, ensuring a reliable and secure income stream for the discerning investor.

Potential for Growth: Positioned in a thriving area with a mix of businesses and commercial activities, there is ample potential for future growth and increased property value.

Versatile Spaces: The combination of a strip center, warehouse, and office plaza provides a versatile set of spaces suitable for a wide range of businesses, contributing to the property's appeal and long-term viability.
Strategic Location: Situated near the intracoastal waterway and the Atlantic Ocean, the property enjoys a prime location in a highly sought-after area. This proximity enhances its attractiveness to businesses and tenants alike, providing a unique selling point.
The property was built in 1972.

Essential Information
MLS® #RX-10937416
Price$2,720,000
Square Footage6,800
Acres0.49
Year Built1972
TypeCommercial
Sub-TypeIndustrial, Retail
StatusActive
Style

Income, Office/Warehouse, Retail

Community Information
Address1516 Cypress Dr #1
Area5060
SubdivisionKURTZ INDUSTRIAL PARK
CityJupiter
CountyPalm Beach
StateFL
Zip Code33469
Amenities
UtilitiesPublic Sewer, Public Water
Interior
AppliancesBuilding and Land
HeatingOther
CoolingOther
# of Stories1
Exterior
Lot Description1460 Realty Condo
RoofOther
Additional Information
Date ListedNovember 20th, 2023
Days on Market180
ZoningC4
Listing Details
OfficeThe Keyes Company
Property History
Status Changed from Price Change to Active
Status Changed from Active to Price ChangePrice Reduced from $2,890,000 to $2,720,000
Status Changed from New to Active
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All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.

Listing information last updated on May 18th, 2024 at 6:30am EDT.

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.

Listing information last updated on May 18th, 2024 at 6:30am EDT.

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