305 Cypress Drive E # 1,2,3,4,5 Lake Park, FL $ 1,750,000
305 Cypress Drive E # 1,2,3,4,5
$ 1,750,000
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305 Cypress Drive E # 1,2,3,4,5

Lake Park, FL, 33403
$ 1,750,000
Bedrooms8 Baths4.0 Sq 2,903

Monthly Estimate*

$ 10,918

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Multi-Family Home for sale in Lake Park, FL

for $1,750,000 with 8 bedrooms and 4 full baths. This 2,903 square foot home was built in 1928 on a lot size of 0.289141.

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-sitelaundry 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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Multi-Family Active

Price

$ 1,750,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 16,966

Style

Quad Plex

Lot Size

0.289141

Year Built

1928

Town/City

Lake Park

County/Region

Palm Beach

MLS | Web ID

RX11126199

Features
Exterior
Lot Description 1/4 to 1/2 Acre
Exterior Amenities Auto Sprinkler Extra Building Fence Zoned Sprinkler
Waterfront No None
Private Pool Y/N No
Lot Dimensions 75.0 ft x 168.0 ft
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General
Construction CBS Frame Stucco
Heating Central
Cooling Central
Utilities Cable Electric Public Sewer Public Water
Possession At Closing
Roof Comp Shingle
Zoning R1(cit
HOA None
Number of Garage Spaces 0.00
Status Active
Year Built 1928
REO No
Subdivision KELSEY CITY
Stories Count 2.0
Type Quad Plex
Property Type B
Area 5270
Application Fee 0.00
Unit Number 1 2 3 4 5
Auction No
Development Name KELSEY CITY
Tax Year 2025
Terms Considered Cash Conventional
Gated Community No
Short Sale No
Restrict Other Tenant Approval
Water Frontage 0
Taxes 16966.00
Middle School Howell L. Watkins Middle School
Adult 55+ No Hopa
HOA/POA/COA (Monthly) 0.00
High School Suncoast Community High School
Virtual Tour https://www.propertypanorama.com/305-Cypress-Drive-12345-Lake-Park-FL-33403/unbranded
Geo Area PB26
Legal Description 3-44-42 E 225 FT OF N 200 FT OF S 1035.13 FT OF NE 1/4
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Interior
Flooring Carpet Ceramic Tile Linoleum
SqFt - Living 2903.00
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Internal Only
OriginalMLSID RX-11126199
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* Excluded Features
List By
Fabian Robert McCullon

Listing Agent

Re/Max Prestige Realty/Wellington

Broker

fabiansellsfl@gmail.com

Email

Affordability Calculator

$12,332
Per Month
89%
11%
0%
Monthly Principal & Interest
$10,918
Monthly Property Taxes
$1,414
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5220182 Elementary School
5285384 Middle School
Suncoast Community High School High School
Pricing History
DatePricePrice ChangeDescription
9/23/2025$1,750,000 Listed Price

Map


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305 Cypress Drive E # 1,2,3,4,5, Lake Park, FL, 33403 is a Multi-Family Home for sale at $1,750,000 with 2,903 sqft and a lot size of 0.289141. 305 Cypress Drive E # 1,2,3,4,5 has 8 bedrooms, 4.0 baths, and was built in 1928. The property's zip code is 33403 which is in Lake Park, FL