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Presented by
Joe Melillo |
There are five condo units combined to give you 2700 square feet of open space.
With five overhead doors, five electric services, bathroom hookups in various areas. Ceiling height 12'. The units have just been remolded with new paint, walls and flooring. The units are ready to move into.
The potential rental income form the five units could be $67, 500 per year or $5, 625. 00 monthly.
Property Overview
An exceptional opportunity to acquire five versatile flex/industrial condo units totaling 2, 700 SF within an 8, 580 SF building. Located in Jupiter's thriving industrial corridor, this property provides an ideal combination of office, showroom, and warehouse space.
Unit Sizes: 2, 700 SF (Total in Building: 8, 580 SF)
Flexible layouts suitable for multiple business uses
SEE MORE REMARKS There are five condo units combined to give you 2700 square feet of open space.
With five overhead doors, five electric services, bathroom hookups in various areas. Ceiling height 12'. The units have just been remolded with new paint, walls and flooring. The units are ready to move into.
The potential rental income form the five units could be $67, 500 per year or $5, 625. 00 monthly.
Property Overview
An exceptional opportunity to acquire five versatile flex/industrial condo units totaling 2, 700 SF within an 8, 580 SF building. Located in Jupiter's thriving industrial corridor, this property provides an ideal combination of office, showroom, and warehouse space.
Highlights:
Unit Sizes: 2, 700 SF (Total in Building: 8, 580 SF)
Flexible layouts suitable for multiple business uses
Excellent for car collectors, contractors, distributors, or retail showroom users
Industrial zoning allowing a wide range of commercial applications
Grade-level overhead doors with easy access for loading/unloading
Ample parking and convenient ingress/egress
Location
1460 Cypress Drive is strategically positioned in the heart of Jupiter, Florida's industrial district, just minutes from I-95 and the Florida Turnpike. The property offers seamless access to Palm Beach County and South Florida markets, making it a perfect hub for business operations.
About the Area - Jupiter, FL
Jupiter is one of Palm Beach County's most desirable communities, known for its high quality of life, growing population, and strong economic base. The town combines a vibrant business environment with coastal lifestyle amenities. Cypress Drive is a well-established industrial and flex-use corridor, home to a mix of local businesses, contractors, and specialty operators. Proximity to affluent residential neighborhoods, top golf courses, and world-class marinas enhances the appeal for both business and lifestyle.
Offering
This is a rare chance to secure flex/industrial space in Jupiter's limited supply market. Whether you are an investor or an end-user, these units present strong long-term value in a highly sought-after location.
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Sales Associate
William Raveis Real Estate
Phone: 914.329.7325
Joe.Melillo@raveis.com
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William Raveis Mortgage, LLC
Phone: 914.260.5535
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NMLS Mortgage Loan Originator ID 69244
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $760,000 | $760,000 | $760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.375% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.399% | 6.499% | 6.309% |
| Monthly Tax Payment | $465 | $465 | $465 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,618 | $4,741 | $6,465 |
| Total Monthly Payment | $5,175 | $5,298 | $7,022 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.