305 Cypress Drive E #1,2,3,4,5, Lake Park, FL 33403
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: fabian robert mccullon
Office: re/max prestige realty/wellington
MLS#:R11126199
Source:RMLS
Price summary
- Price:$1,450,000
- Price per sq. ft.:$496.75
About this home
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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Home facts
- Year built:1928
- Listing ID #:R11126199
- Added:1 day(s) ago
- Updated:February 27, 2026 at 11:24 AM
Rooms and interior
- Total bathrooms:4
- Flooring:Carpet, Ceramic Tile, Linoleum
- Living area:2,903 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1928
- Building area:2,903 sq. ft.
- Lot area:0.29 Acres
- Construction Materials:Block, Frame, Stucco
Schools
- High school:Palm Beach Gardens
- Middle school:Howell L. Watkins
- Elementary school:Lake Park
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$1,450,000
- Price per sq. ft.:$496.75
- Tax amount:$16,966 (2025)
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