305 Cypress Drive E 1,2,3,4,5

Lake Park, FL 33403
  • $1,350,000

    Price
  • 8

    Bed
  • 4

    Bath
  • 2,903

    SqFt

About the Listing 802289 - 33016356

Discover this exceptional 5-unit apartment property, a rare opportunity that combines convenience, comfort, and strong investment potential. Four units feature spacious 2-bedroom, 1-bathroom layouts, while the fifth is a charming standalone cottage, offering privacy and versatility for unique rental opportunities. The property has been meticulously maintained inside and out, with beautifully landscaped grounds that enhance its curb appeal. All tenants are currently on month-to-month annual leases, providing flexibility and convenience for the new owner. Each unit is separately metered for both electric and water, maximizing efficiency and reducing overhead. Residents enjoy central air conditioning, impact windows for added comfort and security, as well as the convenience of an on-site laundry facility. The property also comes equipped with a full surveillance system for enhanced safety. Ideally located just blocks from the scenic Intracoastal Waterway, the property offers easy access to shopping, dining, and entertainment. The main roof will be replaced prior to closing, ensuring peace of mind and long-term value. This is a rare opportunity to acquire a well-maintained, income-producing property in a highly desirable location.

Listing Highlights

Status Active
Days on Site 269
Property Type Multi-Family
MLS ® R11126199
Year Built 1928
Total Square Footage 2,903
Lot/Acreage 0.29
County Palm Beach
Neighborhood Kelsey City
Area 5270
Elementary School Lake Park
Middle School Howell L. Watkins
High School Palm Beach Gardens

Interior Details

  • Bedrooms: 8
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces:
  • Floor: Carpet,Ceramic Tile,Linoleum
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Multiple Meters,Public

Exterior Details

  • Lot Description: 1/4 to 1/2 Acre Lot,Sprinklers Automatic,Sprinkler System,Outbuilding
  • Garage Capacity: N/A
  • Lot Dimensions: 75.0 ft x 168.0 ft
  • Zoning: R1(cit
  • Roof: Composition
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $16,966
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 36434220010690440
  • Tax Year: 2025

Payment Calculator

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Questions About..

305 Cypress Drive E 1,2,3,4,5 Lake Park, FL 33403

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Originating MLS: BEACH

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