400 Cypress Dr Tequesta, FL 33469
This exceptional commercial property, encompassing Units 6 & 7 within the desirable 400 Tequesta Commerce Building, presents a unique investment opportunity. First offered since 2006, this completely built-out office space totals 18,100 square feet situated on a one-acre lot. The interior boasts a thoughtfully designed layout, currently configured with five dedicated office spaces and a reception area. A convenient kitchen is equipped with a refrigerator, dishwasher, and microwave. Two bathrooms are also included for employee and client use. Unit 6 features a significant advantage with a 9-foot high rear garage door, facilitating efficient loading and unloading of goods. This property is being offered with attractive owner financing terms: a 20% down payment, a 5.5% interest rate over a five-year term, amortized over 20 years. A balloon payment is due at the end of the 60-month payment period. This presents a compelling opportunity to acquire a substantial and well-appointed office space in a highly sought-after Tequesta location. The property's size and features make it suitable for a variety of businesses seeking a turnkey solution. The owner financing option further enhances its appeal to qualified buyers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.