Active

1516 Cypress Drive 1

Jupiter FL, 33469

$2,720,000


Active

Commercial

Built in 1972

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.

R10937416

MLS ID

November 20, 2023

Listed

March 16, 2024

Updated

Map

1516 Cypress Drive 1
Jupiter FL, 33469

Interior Features

Total Stories

1


Floor Description

Other


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.49 Acres


Roof

Other


Sewer

Public Sewer

Other Property Details

Area Name

5060


Taxes

$17,269


Tax Frequency

Annually


Days on Market

117


Garage

No


View

No


County

Palm Beach County


Water Source

Public


Pool

No


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

3/16/2024

Price Change

$2,720,000

-6%

Listed by: The Keyes Company
Listing Contact: (561) 789-7726 

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

©2024 Association of Palm Beaches. All rights reserved. 

Data last updated 7:39 AM UTC, 3/16/2024

 

Powered byLuxury Presence