1516 Cypress Drive # 1 Jupiter, FL $ 2,720,000
1516 Cypress Drive # 1
$ 2,720,000
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1516 Cypress Drive # 1

Jupiter, FL, 33469
$ 2,720,000
Baths6.0 Sq 6,800

Monthly Estimate*

$ 18,078

1516 Cypress Drive # 1, Jupiter, FL 33469 - Image 1
1516 Cypress Drive # 1, Jupiter, FL 33469 - Image 2
1516 Cypress Drive # 1, Jupiter, FL 33469 - Image 3
1516 Cypress Drive # 1, Jupiter, FL 33469 - Image 4
1516 Cypress Drive # 1, Jupiter, FL 33469 - Image 5
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Studio

Commercial Property for sale in Jupiter, FL

for $2,720,000 with 6 full baths. This 6,800 square foot building was 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.

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Commercial Active

Price

$ 2,720,000

Bedrooms

Studio

Full Bath

6

Property Type

Commercial

Taxes

$ 17,268

Style

Industrial,Retail

Year Built

1972

Town/City

Jupiter

County/Region

Palm Beach

MLS | Web ID

RX10937416

Features
General
Heating Other
Cooling Other
Utilities Public Sewer Public Water
Roof Other
Zoning C4
Status Active
Year Built 1972
Subdivision KURTZ INDUSTRIAL PARK
Stories 1.0
Type Industrial
Property Type E
Area 5060
Unit Number 1
Auction No
Tax Year 2023
Terms Considered Cash Conventional
Use Industrial Retail
Virtual Tour https://www.propertypanorama.com/1516-Cypress-Drive-1-Jupiter-FL-33469/unbranded
Geo Area PB32
Legal Description KURTZ INDUSTRIAL PARK (UNREC) LOT 12
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Interior
Flooring Other
Total Number of Units 3
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Exterior
Lot Size 0.49
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Internal Only
OriginalMLSID RX-10937416
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* Excluded Features
List By
David C Joseph

Listing Agent

The Keyes Company

Broker

davidjoseph@keyes.com

Email

Affordability Calculator

$19,517
Per Month
93%
7%
0%
Monthly Principal & Interest
$18,078
Monthly Property Taxes
$1,439
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
368239 Elementary School
368240 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/15/2024$2,720,000 -5.88% Price Down
11/20/2023$2,890,000 Listed Price

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1516 Cypress Drive # 1, Jupiter, FL, 33469 is a Commercial Property for sale at $2,720,000 with 6,800 sqft. 1516 Cypress Drive # 1 is a studio with 6.0 baths and was built in 1972. The property's zip code is 33469 which is in Jupiter, FL