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$4,885,125
1535 Cypress Drive
Jupiter, FL 33469
MLS# RX-10937421
6 baths  |  4750 sqft


1535 Cypress Drive, Jupiter, FL 33469
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1535 Cypress Drive, Jupiter, FL 33469 1535 Cypress Drive, Jupiter, FL 33469 1535 Cypress Drive, Jupiter, FL 33469 1535 Cypress Drive, Jupiter, FL 33469 1535 Cypress Drive, Jupiter, FL 33469 1535 Cypress Drive, Jupiter, FL 33469 1535 Cypress Drive, Jupiter, FL 33469

Property Description
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.

Details
Maps
Contract Information
Status: Active
Original List Price: 2299000
Auction: No
List Price: $4,885,125
Current Price: $4,885,125
List Price/Bldg SqFt: 1028.45
Listing Date: 2023-11-20
Comm/Non-Rep: 2%
Comm/Buyer Agent: 2%
Comm/Trans Brk: 2%
General Property Description
Type: Flex Space
For Sale: Yes
For Lease: No
Property Desc: 1460 Realty Condo
Subdivision: KURTZ INDUSTRIAL PARK
Year Built: 1978
SqFt - Living: 4750
SqFt Source: Tax Rolls
# of Stories: 1
Total Units: 4
Baths - Total: 6
Acres: 0.95
% Air Conditioned: 50
Location, Tax & Legal
Area: 5060
Geo Area: PB32
Country: United States
County: Palm Beach
Parcel ID: 30434031110000270
Street #: 1535
Street Name: Cypress
Street Suffix: Drive
State/Province: FL
Zip Code: 33469
Zoning: C4
Legal Desc: KURTZ INDUSTRIAL PARK UNREC LTS 27 THRU 29
Tax Year: 2023
Real Estate Taxes: 34416.9
Geo Lat: 26.953739
Geo Lon: -80.088253
Remarks & Misc
Directions: From Route 95 travel east on Indiantown Road to north on A1A to a slight left onto Cypress Drive, Property on the right.
Office/Member Info
DXORIGMLNO: RX-10937421
DXORIGMLSID: RML
Property Features
Use: Industrial; Professional Office; Retail
Type of Building: Commercial; Income; Office/Warehouse
Sale Includes: Building and Land
Avail Docs: None
Avail Info: None
Flooring: Other
Cooling: Other
Heating: Other
Fire Protect: Smoke Alarm
Tenant Pays: Cable; Electric
Utilities: Cable; Public Sewer; Public Water
Roof: Other
Terms Considered: Cash; Conventional
Lease: Annual; Subject to Lease
Possession: At Closing
Supplements
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.

Listing Office: The Keyes Company

Last Updated: March - 16 - 2024

1535 Cypress Drive, Jupiter, FL 33469 - MLS# RX-10937421
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