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1535 Cypress Dr, Jupiter, FL – $4,885,125

  • $4.9M Price
  • 4,750 Sqft
  • .95 Acres
  • $4.9M Price
  • 4,750 Sqft
  • .95 Acres

1535 Cypress Dr

Prime Investment Opportunity in Jupiter, FLWelcome 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.

Essential Information

  • MLS® #RX-10937421
  • Price$4,885,125
  • Square Footage4,750
  • Acres0.95
  • Year Built1978
  • TypeCommercial
  • StatusActive

Sub-Type

Industrial, Retail, Professional Office

Style

Income, Office/Warehouse, Commercial

Community Information

  • Address1535 Cypress Dr
  • Area5060
  • SubdivisionKURTZ INDUSTRIAL PARK
  • CityJupiter
  • CountyPalm Beach
  • StateFL
  • Zip Code33469

Amenities

Utilities

Public Sewer, Public Water, Cable

Interior

  • AppliancesBuilding and Land
  • HeatingOther
  • CoolingOther
  • # of Stories1

Exterior

  • Lot Description1460 Realty Condo
  • RoofOther

Additional Information

  • ZoningC4

Listing Details

  • OfficeThe Keyes Company
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Price Change History for 1535 Cypress Dr, Jupiter, FL (MLS® #RX-10937421)

Date Details Change
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Increased from $3,500,000 to $4,885,125 $1,385,125 (39.58%)
Status Changed from Price Change to Active
Status Changed from Active to Price Change
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The Keyes Company.

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.

Listing information last updated on May 1st, 2024 at 7:30pm EDT.