Property Details
| Sold Price | $2,300,000 |
|---|---|
| Last Asking Price | $2,550,000 |
| Price per SqFt | — |
| Maintenance fee | Inquire |
| Property Taxes | $17,269 2023 |
| Interior Space | — |
| Beds/Baths | —/— |
| Year Built | 1972 |
| Closed Date | 12/1/2025 |
| MLS # | R10937416 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
Prime Investment Opportunity in Jupiter, FL, Great for Investor or Owner User. 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 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.
Listed by The Keyes Company
Sales History for This Home · 1516 Cypress Drive 1, Jupiter, FL
Sales history is unavailable for this property
Listed by The Keyes Company. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Jupiter and throughout South Florida.
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Location
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