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$2,300,000
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Property 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 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.
Full Property Details
Full Property Details for 1516 Cypress Dr #1
General
- Sold For: $2,300,000
- Taxes: $17,268 (2023)
- Status: Closed
- Type: Industrial
- Source: Regional
- MLS ID: R10937416
- Added to Site: 135 day(s) ago
Interior
- Flooring: Other
Additional Information
- Security/Safety: Fire Alarm
Location
- County: Palm Beach
- Driving Directions: From Route 95 travel east on Indiantown Road to north on A1A to a slight left onto Cypress Drive, Property on the right.
Community
- Community Name: 5060
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Office, Retail, Warehouse
- Roof: Other
- Stories/Levels: 1
- Building Size: 6800
- Year Built: 1972
Lot Features
- Lot Size (Acres): 0.49
- Lot Size (Sq. Ft.): 21,344.4
- Zoning: C4
Financial Considerations
- Tax Amount: $17,268.8
- Tax Year: 2023
- Terms: Cash, Conventional
- Tenant Pays: Cable TV, Electricity
Disclosures and Reports
- Documents Avail.: Lease
- Legal Description: KURTZ INDUSTRIAL PARK (UNREC) LOT 12
- Property ID: 30434031110000120
Listed and Sold by The Keyes Company
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Schools
Schools serving 1516 Cypress Dr #1
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Jupiter Elementary School, Jupiter, FL 200 South Loxahatchee Drive, Jupiter, FL 33458 | K-5 | 1.7 mi |
Jupiter Middle School 15245 Military Trail, Jupiter, FL 33458 | 6-8 | 3.5 mi |
Jupiter High School 500 Military Trail, Jupiter, FL 33458 | 9-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1516 Cypress Dr #1
Date
Details
Price
Change
Source
12/01/2025
Sold
$2,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1516 Cypress Drive #1, Jupiter, FL (MLS# R10937416) is a Industrial property that was sold at $2,300,000 on December 01, 2025. Want to learn more about 1516 Cypress Drive #1? Do you have questions about finding other Industrial real estate for sale in Jupiter? You can browse all Jupiter real estate or contact a Coldwell Banker agent to request more information.

