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    West Palm Beach, FL Riviera Beach, FL North Palm Beach, FL Palm Beach Gardens, FL Palm Beach Shores, FL Mangonia Park, FL Palm Beach, FL Royal Palm Beach, FL
    5-Unit Apartment Property with Separate Meters
    Updated: Sep 23, 2025
    5-Unit Apartment Property with Separate Meters

    305 Cypress Drive E, Lake Park, FL 33403

    $1,350,000
    2,903 sqft 0.29 AC lot
    5‑unit apartment property built in 1928 with central heating and central air
    Four units offer 2‑bedroom, 1‑bathroom layouts; the fifth unit is a standalone cottage
    Each unit is separately metered for electric and water; public water and public sewer available
    On‑site laundry facility and furnished with cable available; roof includes composition shingles
    Impact windows, fenced property, courtyard and garden exterior features
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    This listing looks promising.

    Here's a quick look at some key insights for

    305 Cypress Drive E, Lake Park, FL 33403

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    • Est. Cap Rate

      3.3%
      NOI ÷ price

    • Est. NOI

      $45K
      Annual

    • Price @ 7% Cap

      $638K
      Suggested

    • Property Type

      Parcels With Improvements, Use Not Specified
      Built 1928
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    16-Unit Multifamily Investment Property
    Updated: May 6
    16-Unit Multifamily Investment Property

    218 7th St, Lake Park, FL 33403

    Contact for pricing
    13,338 sqft
    16‑unit multifamily property across two contiguous parcels at 218 7th Street and 710 Bayberry Drive in Lake Park, FL
    Total site area of approximately 0.79 acres, with a 12‑unit building on ~0.47 acres and a four‑unit building on ~0.32 acres
    12‑unit building constructed in 1975 with approximately 10,486 SF and a flat roof; four‑unit building constructed in 1958 with approximately 2,781 SF and a pitched composite shingle roof
    Concrete block construction for both buildings
    Unit mix includes eleven 1 bed/1 bath, four 2 bed/1.5 bath, and one 2 bed/2 bath unit
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    Five-Unit Residential Income Property
    Five-Unit Residential Income Property

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

    $1,350,000

    Five separately metered units with central air and impact windows, offering a straightforward, well-maintained rental setup.

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    Multifamily Apartment Building
    Multifamily Apartment Building

    220 Lake Shore Dr, Lake Park, FL 33403

    Contact for pricing

    Apartment building for sale with moderate walk and bike access, positioned for residential income buyers.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    20-Unit Condo Community with Retail
    20-Unit Condo Community with Retail

    801 Park Ave, Lake Park, FL 33403

    Contact for pricing

    Built in 2018, the property includes 20 condo-quality units plus 10,664 sq. ft. of unfinished ground-floor retail space.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Lake Park, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Family Development Site
    Multi-Family Development Site

    3414 Broadway, West Palm Beach, FL 33407

    $415,000

    Development site with approval for up to an eight-unit apartment building in West Palm Beach.

    View details
    Income Property Near the Ocean
    Income Property Near the Ocean

    172 N County Road, Palm Beach, FL 33480

    $7,500,000
    1,836 sqft 0.16 AC lot

    Eight-unit building, one block from the ocean, great income potential.

    View details
    Renovated Multifamily Property Near Downtown
    Renovated Multifamily Property Near Downtown

    1530 Crescent Cir, West Palm Beach, FL 33403

    $2,400,000

    Fully renovated 8-unit multifamily property near Downtown West Palm Beach.

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    Fully Renovated 8-Unit Multifamily
    Fully Renovated 8-Unit Multifamily

    212 Oleander Avenue, Palm Beach, FL 33480

    $5,750,000

    Fully renovated 8-unit building with studios, 1-bedroom, and 2-bedroom residences and impact-rated windows and doors.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Multifamily Land Parcel
    Waterfront Multifamily Land Parcel

    141 104TH Avenue, Treasure Island, FL 33706

    $2,225,000
    0.34 AC lot

    Waterfront residential lot on a canal with multifamily zoning allowing up to five units.

    View details
    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details
    Ocean Springs Highway 90 Land
    Ocean Springs Highway 90 Land

    Bienville Blvd, Ocean Springs, MS 39564

    $675,000
    143,748 sqft 3.30 AC lot

    3.3 acre commercial land on Highway 90, Ocean Springs.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Lake Park, FL Apartment Buildings Market Trends and Statistics

    Explore 5 apartment buildings for sale in Lake Park, FL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 16,241 square feet of properties for sale, with an estimated market value of $2,700,000.

    Sale prices for two-family homes in Lake Park, FL average $1,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 14K
    Population Growth (5Y) +9.2%
    Median Household Income $69,050
    College Educated 33.9%

    High-Yield Neighborhoods for Investment

    Identify Lake Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    West Palm Beach - 33403 $933.3K

    Listings Trend

    New vs delisted commercial listings in Palm Beach County

    New Delisted

    Total CRE Inventory on Market (SF)

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