$2,300,000
Sold · December 1, 2025
1516 Cypress Drive 1
Jupiter, FL
Explore the area: Jupiter homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $2,300,000
- Vs. list price
- 9.8% under
- Days on market
- 676
- Price per sq ft
- N/A
This commercial property sold for $2,300,000 on December 1, 2025. That was 9.8% below its final list price of $2,550,000. It first came on the market at $2,890,000, so the price was adjusted before it sold. It spent 676 days on the market.
Listing Snapshot
- Sold Price
- $2,300,000
- Sold On
- December 1, 2025
- Days on Site
- 676 Days
- Bedrooms
- 0
- Total Baths
- 6
- Total Sq Ft
- 6,800 sqft
- Lot Size
- 0.49 Acres
- Year Built
- 1972
- Property Type
- Commercial
- MLS #
- R10937416
- Property Tax
- $17,269 (2023)
- County
- Palm Beach
- Status
- Sold
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Sold
- Year Built
- 1972
- Levels
- One
- Lot Size (Acres)
- 0.49
- Total Sq Ft
- 6,800
- Structure Type
- Office / Retail / Warehouse
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- C4
Interior Features
- Cooling
- Other
- Heating
- Other
- Flooring
- Other
Exterior Features
- Roof
- Other
Community & HOA
- Security
- Fire Alarm
- Financing Terms
- Cash / Conventional
- MLS Area
- 5060
About the Area
Browse Jupiter homes for sale across every neighborhood and price point in Palm Beach. Available homes span single-family, townhome, and condo segments throughout the city. Jupiter includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Palm Beach, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Palm Beach market data, see Florida Realtors' monthly statistics. Browse the latest Jupiter listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 584
- Under Contract
- 210
- Median List Price
- $829,000
- Median Sale Price (September)
- $754,488
- Median $/Sq Ft
- $494
- Avg Days on Market
- 110
Frequently Asked Questions
- How do I schedule a tour of 1516 Cypress Drive 1, Jupiter, FL?
- Use the Tour button on this listing to request a showing of 1516 Cypress Drive 1, Jupiter, FL. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1516 Cypress Drive 1, Jupiter, FL still available?
- 1516 Cypress Drive 1, Jupiter, FL is currently listed as Sold, and has been on the market 676 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1516 Cypress Drive 1, Jupiter, FL?
- With 20% down ($510,000) on the $2,550,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1516 Cypress Drive 1, Jupiter, FL is about $13,401/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1516 Cypress Drive 1, Jupiter, FL?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1516 Cypress Drive 1, Jupiter, FL. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 1516 Cypress Drive 1, Jupiter, FL?
- Often, yes. The right offer on 1516 Cypress Drive 1, Jupiter, FL depends on how it's priced against comparable commercial sales in Jupiter, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of The Keyes Company
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$2,300,000
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Listed by David C Joseph Jr., The Keyes Company
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