150 Tequesta Drive, Tequesta, FL 33469 — MLS photo

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150 Tequesta Drive, Tequesta, FL 33469

Active · Retail

$6,100,000

150 Tequesta Drive, Tequesta, FL 33469

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
2004
Lot size
60,984 sq ft
HOA fee
—
Annual tax
—

About this property

Generational chance to own or develop this hard-corner entrance into the prestigious Village of Tequesta. Positioned on approximately 1.4 acres, the property features a 6,100± SF freestanding building (former Bank of America branch) with flexible mixed-use zoning allowing for a variety of office, retail, and commercial uses. An extremely rare opportunity to lease or acquire a standalone building in one of South Florida's most sought-after communities, located prominently at the corner of US Highway 1 and Tequesta Drive. The site offers exceptional visibility, accessibility, and frontage, with approximately 170± feet along US 1 and 315± feet along Tequesta Drive. The flexible zoning creates a unique opportunity for a wide range of users, including financial institutions, medical, professional office, boutique retail, restaurant concepts, wellness, or redevelopment potential. Tequesta has gained significant national attention in recent years, becoming one of the most desirable places to live, work, and invest in the country. Surrounded by affluent coastal communities, such as Jupiter, Jupiter Island, and Hobe Sound, the area continues to experience strong demographic growth, increasing wealth migration, and limited commercial inventory — making opportunities like this exceptionally scarce. Additional assemblage There are additional assemblage opportunities available with adjoining properties, creating the potential for a substantial mixed-use development spanning from US 1 to Old Dixie Highway and from Tequesta Drive to Bridge Road

Property location

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150 Tequesta Drive, Tequesta, FL 33469

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Retail
Year built
2004
Lot size
60,984 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Palm Beach
MLS listing ID
B26033419
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$11,939

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$28,917/mo
Down payment
$1,525,000
Loan amount
$4,575,000
Annual NOI
$203,740

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.