1516 Cypress Dr #1, Jupiter, FL

$2,720,000

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6,800

Square feet

0.49

Acres

About 1516 Cypress Dr #1

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.

Features of 1516 Cypress Dr #1

MLS® # RX-10937416
Price $2,720,000
Square Footage 6,800
Acres 0.49
Year Built 1972
Type Commercial
Sub-Type Industrial, Retail
Style Income, Office/Warehouse, Retail
Status Active

Community Information

Address 1516 Cypress Dr #1
Area 5060
Subdivision KURTZ INDUSTRIAL PARK
City Jupiter
County Palm Beach
State FL
Zip Code 33469

Amenities

Utilities Public Sewer, Public Water
Is Waterfront No

Interior

Appliances Building and Land
Heating Other
Cooling Other
# of Stories 1

Exterior

Lot Description 1460 Realty Condo
Roof Other

Additional Information

Zoning C4
RE / Bank Owned No

Listing Details

OfficeThe Keyes Company

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