1535 Cypress
Jupiter, FL 33469
$3,900,000
Sq. Ft.: N/A
Type: Commercial
Listing #R10937421
Prime Investment Opportunity in Jupiter, FL Welcome to 1535 Cypress Drive, 1537 Cypress Drive, and 1559 Cypress Drive, Jupiter, FL 33469 an exceptional commercial real estate offering in the heart of Jupiter, Florida. This versatile property boasts a combined 13,027 sq. ft. encompassing a strip center, warehouse, and office plaza, providing a lucrative investment opportunity with a gross income of $259,561 per year. Strong Income Stream: With a gross income of $259,561 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. Prime Investment Opportunity in Jupiter, FL Welcome to 1535 Cypress Drive, 1537 Cypress Drive, and 1559 Cypress Drive, Jupiter, FL 33469 an exceptional commercial real estate offering in the heart of Jupiter, Florida. This versatile property boasts a combined 13,027 sq. ft. encompassing a strip center, warehouse, and office plaza, providing a lucrative investment opportunity with a gross income of $259,561 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 15 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 $259,561 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 three properties where built in 1978.
Property Features
County: Palm Beach
MLS Area: 5060
Latitude: 26.953739
Longitude: -80.088253
Geo Area: PB32
Directions: From Route 95 travel east on Indiantown Road to north on A1A to a slight left onto Cypress Drive, Property on the right.
Heating: Other
Cooling: Other
Floors: Other
Tenant Pays: Cable TV, Electricity
Total Number of Units: 4
Roof: Other
Water Source: Public
Septic or Sewer: Public Sewer
Utilities: Cable Available
Security Features: Fire Alarm
Lot Size in Acres: 0.95
Lot Size in Sq. Ft.: 41,382
Zoning: C4
Building Total Area (Sq. Ft.): 4,750
Number of Stalls: 0
Possession: Close Of Escrow
Property Type: COM
Property SubType: Mixed Use
Structure Type: Flex, Office, Warehouse
Year Built: 1978
Status: Active
Tax Year: 2023
Tax Amount: $34,416.9
Inclusions: Building, Land
Business Type: Commercial
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Listing Courtesy of The Keyes Company
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