Lake Park, FL Multifamily Homes For Sale

Palm Beach County | Updated
Market Action
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Shows who has more leverage in the market
0–30 favors buyers
30–100 favors sellers
Selling Speed
10.32
Steady
Shows how quickly homes are being absorbed by buyers
20%+ Fast
8–19.9% Steady
Below 8% Slow
Inventory Supply
9.69
High
Shows how many months it would take to sell current inventory
0–3 Low
3–6 Balanced
6+ High
Sales Activity
4.09
Active
Shows how often homes are selling in this community
2+/mo Active
0.75–1.99/mo Steady
Below 0.75/mo Quiet
Results 4 of 4
Lake Park Residential, 1530 Crescent Cir, Lake Park, Florida 33403, image 1
Lake Park Residential, 1530 Crescent Cir, Lake Park, Florida 33403, image 2
$2,400,000 $100K
  • 10,224 SqFt
  • $235/SqFt
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Multifamily for sale in Lake Park Residential
1530 Crescent Cir, Lake Park, FL 33403
Exceptional opportunity to acquire a 10, 000 sf, 8-unit multifamily property in the highly desirable lake park area, just minutes from vibrant downtown west palm beach and the intracoastal. Featuring 7- 3 bedroom/2 bathroom and 1- 2 bedroom/1 bathroom apartments, this concrete block construction building has been fully renovated, with updated interiors, modern finishes, units separately metered, central ac and a brand-new roof (2025). Amenities include on-site laundry, 12 dedicated parking spaces, and strong tenant appeal. With a net income of $154, 000 and priced at under $260 per sf, this asset offers both solid cash flow and long-term appreciation potential.
Kelsey City, 652 Bayberry Dr, Lake Park, Florida 33403, image 1
Kelsey City, 652 Bayberry Dr, Lake Park, Florida 33403, image 2
$415,000 $10K
  • 1,647 SqFt
  • $252/SqFt
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Multifamily for sale in Kelsey City
652 Bayberry Dr, Lake Park, FL 33403
Fantastic duplex available in lake park. This is an ideal rental property or potential house hack opportunity. Directly across from the park. Excellent location close to the beach, i95, and shopping/dining.
Kelsey City, 505 Foresteria Dr, Lake Park, Florida 33403, image 1
Kelsey City, 505 Foresteria Dr, Lake Park, Florida 33403, image 2
Kelsey City, 505 Foresteria Dr, Lake Park, Florida 33403, image 3
$750,000
  • 1,732 SqFt
  • $433/SqFt
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Multifamily for sale in Kelsey City
505 Foresteria Dr, Lake Park, FL 33403
Discover a rare four-unit investment opportunity in the high-growth lake park area. This unique property features a three-bedroom main residence plus a triplex with three fully occupied efficiency units, offering immediate rental income from day one with $97, 500 in annual revenue. Whether you're an investor seeking strong cash flow or a homeowner looking to offset your mortgage, this property offers exceptional flexibility. Live in the main home while the rental income helps cover your monthly expenses, or maximize its full investment potential. Rental income can be used to help qualify for mortgage. Walk to intracoastal, marina, brewery, theater, pickleball, and more. The property sits in a thriving rental market with excellent long-term growth potential. All information pertaining to the property is deemed reliable, but not guaranteed. Information to be verified by the buyer. Be advised that cameras may exist recording audio and video inside/outside the property, such as ring doorbells. Photos are digitally enhanced and could be altered, please verify.
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Kelsey City, 305 Cypress Dr #1, Lake Park, Florida 33403, image 1
Kelsey City, 305 Cypress Dr #1, Lake Park, Florida 33403, image 2
$1,350,000 $175K
  • 2,903 SqFt
  • $465/SqFt
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Multifamily for sale in Kelsey City
305 Cypress Dr #1, Lake Park, FL 33403
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.
Lake Park, FL Snapshot
84
Active Inventory
4
New Listings
$130K to $4.7M
Price Tier
14
Pending Sales
$416K
Median Closed Price
90
Avg. Days On Market

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