End-Cap Warehouse Office
228 Hibiscus #1, Jupiter, FL 33458
Flex-style end-cap suite with renovated office space and a climate-controlled warehouse with a bay door to a double-wide driveway.
Type:Commercial
Property size:
1,190 SFPrice / SF:
$432/SF- Added:
- May 8, 2025
- Days on Market:
- 427
- Last Refresh:
- Jul 4 at 3:27 am
Property Features for 228 Hibiscus #1
General Information
- Standard status
- Active
- Size
- 1,190 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1985
Listing office THE KEYES COMPANY (PBG)
Listing date May 8, 2025
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of THE KEYES COMPANY (PBG)
HighLights
- 1,190 SF end‑cap flex warehouse/office suite built in 1985 in central Jupiter
- Layout includes half renovated office space and half warehouse space
- Renovated offices: 3 light‑filled offices plus a break‑room and renovated bathroom
- Warehouse has 16‑ft ceilings, lofted storage, 2 equipment storage cages, and a bay door opening to a double‑wide driveway
- 100% air‑conditioned with 2 zones; front and rear parking included
Overview
This end-cap warehouse/office suite is configured with an office and warehouse split into two equal areas. The front of the unit features three renovated, light-filled offices, a break room with a fridge and sink, and a renovated bathroom. The rear warehouse area includes 16-foot ceilings, lofted storage space, and two equipment storage cages. A bay door provides access directly to a double-wide driveway, supporting straightforward loading and unloading. The entire space is 100% air-conditioned with two zones, and the unit includes front and rear parking.
The property is located in central Jupiter with convenient access to major roads, described as one block from Indiantown Rd and approximately five minutes to I-95. This location and the on-site parking setup are designed for tenant and customer access without relying on street parking.
For buyers or tenants seeking a move-in-ready warehouse and office combination, the layout supports day-to-day administrative work alongside warehousing and equipment storage. The separate office improvements and climate-controlled warehouse volume make the space well-suited for operations that need both functional storage and dedicated work areas in the same suite.
The property is located in central Jupiter with convenient access to major roads, described as one block from Indiantown Rd and approximately five minutes to I-95. This location and the on-site parking setup are designed for tenant and customer access without relying on street parking.
For buyers or tenants seeking a move-in-ready warehouse and office combination, the layout supports day-to-day administrative work alongside warehousing and equipment storage. The separate office improvements and climate-controlled warehouse volume make the space well-suited for operations that need both functional storage and dedicated work areas in the same suite.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.3k | $45.60 |
| − Vacancy | −$12.2k | −$10.26 |
| EGI | $42.1k | $35.34 |
| − OpEx | −$10.5k | −$8.84 |
| NOI | $31.5k | $26.51 |
1,190 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$450.6K
$394.3K – $525.7K
NOI $31,541 @ 7.0% cap · market cap 6.12%
Second Best
Flex RnD
$373.9K
$327.2K – $436.3K
NOI $26,175 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$838.1K
$733.3K – $977.8K
NOI $58,665 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
24/7 Superior Cleaning ...
Hardware & Home Improvement
Imperium Home Remodeling ...
Hardware & Home Improvement
Craft Master Kitchens ...
General Contractor
American Dumpsters
General Contractor
First Air AC
HVAC Service
Similar Places Nearby
- Food Yacht Charters — 967 FL A1AAlt, Jupiter, FL 33477
Location Insight
- Map
- Local Demand
- City
- Jupiter
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0970314
- Latitude
- 26.9348833
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Flex-style end-cap suite with renovated office space and a climate-controlled warehouse with a bay door to a double-wide driveway.
Where is this flex space located?
The property is located at 228 Hibiscus #1 Jupiter, FL.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 1,190 SF end‑cap flex warehouse/office suite built in 1985 in central Jupiter; Layout includes half renovated office space and half warehouse space; Renovated offices: 3 light‑filled offices plus a break‑room and renovated bathroom
