For Sale
$3,300,000

357 Cypress DrTequesta, FL 33469

High-Yield, 14-Unit Property in Tequesta

Overview

Added:
Feb 3
Days on market:
60
This exceptional commercial investment opportunity presents a fully occupied 14-unit building nestled in the heart of Tequesta, Florida. Situated on a sizable 0.83-acre lot, this property offers a compelling blend of established income and significant potential. The building comprises fourteen individual units, all currently leased, ensuring immediate cash flow. The unit sizes are consistent, providing efficient management and predictable income streams. The majority of the units boast 700 square feet of space, offering ample room for a variety of commercial tenants. Two larger units, measuring 770 square feet each, provide additional flexibility and potential for higher rental income. One exceptional unit offers even more space at 875 square feet. This property is an ideal investment for those seeking a stable, high-yield asset in a desirable location. The prime Tequesta location offers easy access to local amenities, major roadways, and a thriving community. The consistent occupancy rate underscores the strong demand for commercial space in this area, promising a secure and profitable investment for years to come. This turnkey operation requires minimal effort to maintain its current high occupancy and revenue generation. The substantial lot size also presents opportunities for future expansion or development, adding further value to this already impressive asset. This is a rare chance to acquire a well-established, income-producing commercial property in a highly sought-after location. Don't miss this opportunity to secure a significant return on your investment.

Property Details for 357 Cypress Dr

Property type
Year Built
1984
Lot Size (sq. ft)
36,155 SF

Location Insight

City
Tequesta
County
Palm Beach
State
Florida
Latitude
26.95635
Longitude
-80.08907
357 Cypress Dr, Tequesta, Florida

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357 Cypress Dr
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