1516 Cypress Drive, Jupiter, FL 33469

Status: Active

1972

YEAR BUILT

$2,720,000

LISTING PRICE

Industrial

TYPE

MLS#: RX-10937416

Type of Building: Income, Office/Warehouse and Retail


For More Information Call:

561-283-4663

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.


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This listing is courtesy of The Keyes Company. Real Estate and Luxury homes in Boca Raton, Delray Beach, Deerfield Beach, Juno Beach, 0 Lake Worth, Palm Beach Gardens, West Palm Beach and surrounding areas in Palm Beach County and South Florida. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.

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  • Acres0.49 acres
  • Available DocumentsNone
  • Available InformationCopies of Lease
  • CityJupiter
  • CoolingOther
  • CountyPalm Beach
  • DirectionsFrom Route 95 travel east on Indiantown Road to north on A1A to a slight left onto Cypress Drive, Property on the right.
  • Fire ProtectionSmoke Alarm
  • FlooringOther
  • For LeaseNo
  • For SaleYes
  • HeatingOther
  • LeaseAnnual
  • Legal DescriptionKURTZ INDUSTRIAL PARK (UNREC) LOT 12
  • List Price$2,720,000
  • List Price/SqFt$400 / sqft
  • Listing DateMonday, November 20th, 2023
  • Listing IDRX-10937416
  • Listing Price$2,720,000
  • Listing StatusActive
  • Number of Stories1
  • Number of Toilets6
  • Percent Air Conditioned50%
  • PossessionAt Closing
  • Property Description1460 Realty Condo
  • Property TypeCommercial
  • Real Estate Taxes$17,268.80
  • RoofOther
  • Sale IncludesBuilding and Land
  • SqFt SourceTax Rolls
  • State/ProvinceFL
  • StatusActive
  • Status Change DateMonday, November 20th, 2023
  • Street NameCypress
  • SubdivisionKurtz Industrial Park
  • Tax Year2023
  • Tenant PaysCable and Electric
  • Terms ConsideredCash and Conventional
  • Total Building SqFt6,800 sqft
  • Total Units in Building3
  • TypeIndustrial
  • Type of BuildingIncome, Office/Warehouse and Retail
  • Unit Number1
  • UtilitiesPublic Sewer and Public Water
  • Virtual TourYes
  • Year Built1972
  • Zip Code33469
  • ZoningC4

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