$2,720,000
For Sale

1516 Cypress Drive #1

Jupiter, FL 33469
6800 sqft | #RX-10937416
Browse 5 photos
Type:Purchase
Structure:Industrial
Zone:Commercial

Description

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. 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.

  • Property Details
      • Square Feet6800
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1972
    • Material information
      • RoofOther
  • Community and Neighborhood Details
      • SubdivisionKURTZ INDUSTRIAL PARK
    • Location
      • CountyPalm Beach
      • ZoningC4
  • Financial Details
      • Original List Price$2,890,000
      • Taxes Annual$17,268
  • Other
      • MLS #RX-10937416

Location

Mike MehdipourThe Mehdipour Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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