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305 Cypress Dr #1, Lake Park, FL 33403
1,625,000(-10.77% )
2,903SqFt
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Details
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Status:
Active
Size: 2,903 SqFt (270 m2)
Price: $499/SqFt ($5,376/m2)
Type: Multi Family
Built: 1928
MLS Number: R11126199
On Site: 176 Days
Updated: 7 Days ago
Page Views: 0
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.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Carpet, CeramicTile, Linoleum
        • Windows/Treatment: StormWindows
        • Construction Type: Quadruplex
        • Year Built: 1928
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
        • Elementary School: Lake Park
        • Middle School: Howell L. Watkins
        • Senior High School: Palm Beach Gardens
        Other Property Info
        • Listing Date: 2025-09-22T20:00:00.000-00:00
        Taxes, Fees & More
        • Taxes: 16966
        • Total Units in Building: 4
        • Total Units in Complex: 5
        Apples-to-Apples Comparables
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        Price History
        02/05/2026
        Date
        Price Reduced
        Event
        $1.5M
        Price
        -10.77%
        Change Rate
        $499 ft2 / $5,376 m2
        Price Per
        01/12/2026
        Date
        Listed
        Event
        $1.6M
        Price
        $560 ft2 / $6,025 m2
        Price Per
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Fabian McCullonRE/MAX Prestige Realty/Wellington • Buyer Agency Compensation .
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