305 Cypress Drive E #1,2,3,4,5
Lake Park, FL 33403
$1,280,000 Active
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.
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| Type | Quadruplex |
|---|---|
| Living Area | 2,903 sq ft |
| Total Area | 2,919 sq ft |
| Subdivision | KELSEY CITY |
| Zoning | R1(cit |
| Year Built | 1928 |
|---|---|
| Lot Size | 12,595 sq ft |
| Lot Features | 1/4 To Less Than 1/2 Acre LotLess Than 1 AcreFenced |
| Roof | Composition Roll |
| Construction | FrameFrame With StuccoStucco |
| Style | Two Story |
| Accessibility | - |
| Direction Faces | - |
| Pool | No |
| Pool Features | - |
| Flooring | CarpetCeramic Floor |
|---|---|
| Interior Features | - |
| Appliances | - |
| Cooling | Central Air |
| Heating | Central |
| Exterior Features | CourtyardOther |
|---|---|
| Parking Features | - |
| Parking Total | - |
| Garage | - |
| Garage Spaces | - |
| Carport | - |
| Carport Spaces | - |
| Waterfront | No |
|---|---|
| Waterfront Features | - |
| View | - |
| Water Source | Public |
| Sewer | At SitePublic SewerOtherPublic SanitationSewer |
| Annual Amount | 16966 |
|---|---|
| Tax Year | 2025 |
| Elementary School | - |
|---|---|
| Middle School | Howell L. Watkins |
| High School | Palm Beach Gardens |
| School District | - |
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