$1,450,000

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

  • 4 baths |
  • 2,903 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1928
  • Property Lot Size Icon0.29acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $499/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

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 Status:
Active
Date Added:
September 23, 2025
Data Last Updated:
May 19, 2026 at 3:24PM
Listing Office:
RE/MAX Prestige Realty/Wellington : 561-798-8080
Listing Agent:
Fabian Robert McCullon : 561-262-3565
MLS ID:
R11126199
  • Flooring: CarpetCeramic TileLinoleum
  • A/C: Central Air
  • Heating: Central
  • General: Outbuilding
  • Other Structures: Outbuilding
  • Roofing: Composition
  • Windows: Storm Window(s)
  • General: BlockFrameStucco2
  • HOA Amenities: None
  • Originating MLS: BEACH_BEACH
  • County: Palm Beach
  • Zoning: R1(cit3-44-42E 225 FT OF N 200 FT OF S 1035.13 FT OF NE 1/436434220010690440
  • Fencing: Fenced
  • Utilities: Cable AvailableSewer AvailableWater Available3 Phase
  • Water: Multiple MetersPublic
  • Sewer: Public Sewer
  • Source: BEACH_BEACH

This listing courtesy of Fabian Robert McCullon , RE/MAX Prestige Realty/Wellington

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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