1516 Cypress Drive, 1, Jupiter, FL 33469 (MLS# RX-10937416)

1516 Cypress Drive, 1, Jupiter, FL 33469

$2,550,000
Property Type: Comm/Industry Baths: 6 Square Footage: 6,800 Status: Pending
Current Price: $2,550,000 Last Modified: 11/05/2025

Description

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

Supplements: 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.

More Information MLS# RX-10937416

Contract Information

Auction: No List Price/Bldg SqFt: 375 Status: Pending Original List Price: 2890000 List Price: $2,550,000 Current Price: $2,550,000 Listing Date: 2023-11-20

General Property Description

For Sale: Yes For Lease: No Property Desc: 1460 Realty Condo Acres: 0.49 SqFt Source: Tax Rolls # of Stories: 1 Total Units: 3 % Air Conditioned: 50 Type: Industrial Subdivision: KURTZ INDUSTRIAL PARK Year Built: 1972 SqFt - Living: 6800 Baths - Total: 6

Location, Tax & Legal

Geo Area: PB32 Country: United States State/Province: FL Tax Year: 2023 Zoning: C4 Real Estate Taxes: 17268.8 Area: 5060 County: Palm Beach Parcel ID: 30434031110000120 Street #: 1516 Street Name: Cypress Street Suffix: Drive Unit #: 1 Zip Code: 33469 Legal Desc: KURTZ INDUSTRIAL PARK (UNREC) LOT 12 Geo Lat: 26.952915 Geo Lon: -80.087556

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-10937416 DXORIGMLSID: RML

Type of Building

Income: 1 Office/Warehouse: 1 Retail: 1

Sale Includes

Building and Land: 1

Avail Info

Copies of Lease: 1

Avail Docs

None: 1

Cooling

Other: 1

Heating

Other: 1

Tenant Pays

Cable: 1 Electric: 1

Use

Industrial: 1 Retail: 1

Flooring

Other: 1

Utilities

Public Sewer: 1 Public Water: 1

Fire Protect

Smoke Alarm: 1

Roof

Other: 1

Terms Considered

Cash: 1 Conventional: 1

Possession

At Closing: 1

Lease

Annual: 1

Contingencies

None: 1

Status Change Info

Under Contract Type: Pending Under Contract Date: 2025-10-03

Property Features

Use: Industrial; Retail Type of Building: Income; Office/Warehouse; Retail Sale Includes: Building and Land Avail Docs: None Avail Info: Copies of Lease Flooring: Other Cooling: Other Heating: Other Fire Protect: Smoke Alarm Tenant Pays: Cable; Electric Utilities: Public Sewer; Public Water Roof: Other Terms Considered: Cash; Conventional Lease: Annual Possession: At Closing Contingencies: None
Listing Office: The Keyes Company
Last Updated: November - 05 - 2025
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.