1508 Cypress Dr

Prime Investment Opportunity in Jupiter, FL
Welcome to 1508 S Cypress Drive, an exceptional commercial real estate offering in the heart of Jupiter, Florida. This versatile property boasts a combined 6250 sq. ft. encompassing a strip center, warehouse, and office plaza, providing a lucrative investment opportunity with a gross income of $121,350 per year.
Portfolio of three properties: Can be purchased together or separate: Cypress Drive Properties 1 - (Sale Price $2,720,000) 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.
Cypress Drive Properties 2 - (Sale Price $2,187,500) Welcome to 1508 S Cypress Drive, an exceptional commercial real estate offering in the heart of Jupiter, Florida. This versatile property boasts a combined 6250 sq. ft. encompassing a strip center, warehouse, and office plaza, providing a lucrative investment opportunity with a gross income of $121,350 per year.
Cypress Drive Properties 3 - (Sale Price $4,885,125) 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 3 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 $121,350 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.
C-4 Zoning: The purpose and intent of the Commercial, Restricted District (C-4) is to permit the location of certain types of retail stores, commercial and business uses in a limited area that adjoins a residential district, and to impose controls and regulations in such district limiting noise, vibration, smoke, odors, glare, traffic or other objectionable influences, and to the reasonable extent possible confine all such emissions to the interior of the buildings therein, whereby the uses within each district will be completely compatible, harmonious and convenient to each other, and which will promote and foster the protection and improvement of the public safety, health, morals and general welfare of the town.
Uses by Right: (a)Uses by right. In any Commercial, Restricted District (C-4), land, buildings or premises may be used by right only for the following uses, providing the use can meet the regulations, specifically the standards of performance as set forth in article XII of this chapter (see special exceptions for certain exclusions):(1)Retail, or services, excluding retail food establishments.(2)Business office and contractor office.(3)Medical or dental clinics.(4)Personal service shops.(5)Self-service laundries and dry cleaning pickup shops.(6)Pet shops, including grooming, but not including boarding.(7)Reserved.(8)Furniture repair, upholstery and furniture refinishing shops.(9)Research uses, which includes theoretical and applied research in all the sciences, product engineering and marketing development and testing, provided that the activities do not produce objectionable levels of noise, odor or radiation. Disposal of any waste materials are subject to the regulations of the controlling authority.(10)Light assembly work involving the use of hand or portable tools and small components held, transferred and manipulated by hand, excluding auto assembly, provided that the activities do not produce objectionable levels of noise or odor.(11)Indoor recreation facilities.(12)Accessory residential (see section 27-1913).(b)Special exceptions. The following uses may be permitted after review by the planning and zoning commission and provided the town council determines that the application meets the criteria contained in section 27-177, all other applicable provisions of law, and does not otherwise adversely affect the public:(1)Convenience stores and retail food establishments.(2)Restaurant, tavern or lounge.(3)Reserved.(4)Veterinary clinic (see division 23 of article XI of this chapter).(5)Auto waxing shops, auto air-conditioning service and repairs, and auto top and upholstery service and repair, provided that all work must be performed entirely inside the building.(6)Small engine repair shops, excluding outboard and automobile engine service and repairs, and provided that all work must be performed entirely inside the building.(7)Wholesale outlets and distribution businesses.(8)Reserved.(9)Public uses (see division 35 of article XI of this chapter).(10)Warehousing and limited access self-service storage facilities.(11)Truck rentals and leasing associated with a self-service storage facility.
Don't miss out on this rare opportunity to acquire a prime income-producing property in Jupiter, FL. For more information or to schedule a viewing, contact David Joseph at 561-789-7726 or davidjoseph@keyes.com