150 Tequesta Dr - Bank FOR SALE


Tequesta, FL 33469
$6,100,000 USD
561-346-2310
150 Tequesta Dr, Tequesta, FL for Sale
$6,100,000 USD
Bank - FOR SALE
1/9
null | Request Cap Rate

150 Tequesta Dr
Tequesta, FL 33469


HIGHLIGHTS

  • Rare freestanding building with strong identity and presence
  • Opportunity for building naming and signage rights
  • Potential value-add expansion opportunity, fill existing drive-through area to create additional usable square footage
  • Excellent accessibility and visibility
  • Suitable for owner-users or long-term investment hold
  • “Growth and quality” asset in a highly desirable coastal market

OVERVIEW

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 opportunity: 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

FOR SALE DETAILS

PRICE

$6,100,000 USD

PRICE/SF

$1,000 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Freestanding Office/Retail

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.42 AC

LAND SF

61,895 SF

ZONING

MU

APN/PARCEL ID

60-43-40-30-52-000-0010

ASK ABOUT THIS PROPERTY

Robert HammanSVN Waterfront Commercial RealtyMore Info
561-346-2310

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Robert HammanSVN Waterfront Commercial RealtyMore Info
561-346-2310

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.