Lake Park Multifamily Investment
305 Cypress Drive E, Lake Park, FL 33403
MULTI_FAMILY - Lake Park, FL
Property size:
2,903 SFLot size:
0.29 AcresPrice / SF:
$499/SF- Added:
- Sep 23, 2025
- Days on Market:
- 253
- Last Refresh:
- Jun 2 at 1:06 pm
Property Features for 305 Cypress Drive E
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1(cit
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 7, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 8, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 6, Bathroom 4
- Window features
- Storm Window(s)
- Fencing
- Fenced
- Standard status
- Active
- APN
- 36434220010690440
- Size
- 2,903 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 3-44-42, E 225 FT OF N 200 FT OF S 1035.13 FT OF NE 1/4
- Tax Annual Amount
- 16966
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1928
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Tile - Ceramic, Linoleum
- Building materials
- CBS, Frame, Stucco
- Roof type
- Composition
- Additional Structures
- Outbuilding
Listing agent Fabian Robert McCullon License #3016356 (561) 262-3565
Listing office RE/MAX Prestige Realty/Wellington 12789 Forest Hill Blvd. No. 2A, West Palm Beach, FL (561) 798-8080
Listing date Sep 23, 2025
MLS# R11126199
Listing URL
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location: Blocks from the Intracoastal Waterway, with easy access to shopping, dining, and entertainment.
- Strong income potential: Five units, including a standalone cottage, all currently leased.
- Separately metered units: Each unit is individually metered for electric and water, reducing overhead.
- Meticulously maintained: Well‑maintained property with beautifully landscaped grounds.
- New roof: Main roof will be replaced prior to closing.
- Enhanced security and comfort: Equipped with a full surveillance system, central air conditioning, and impact windows.
Overview
This 5-unit apartment property offers a blend of convenience, comfort, and investment potential. The property includes four 2-bedroom, 1-bathroom units and a standalone cottage. The property has been maintained with landscaped grounds. All tenants are on month-to-month annual leases. Each unit is separately metered for electric and water. Residents benefit from central air conditioning, impact windows, and an on-site laundry facility. A full surveillance system is in place for enhanced safety. Located blocks from the Intracoastal Waterway, the property provides access to shopping, dining, and entertainment. The main roof will be replaced prior to closing. The property size is 2903 square feet on a 0.29-acre lot.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Lake Park
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.058917
- Latitude
- 26.794832
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained 5-unit apartment property near Intracoastal Waterway.
Where is this apartment building located?
The property is located at 305 Cypress Drive E Lake Park, FL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Prime location: Blocks from the Intracoastal Waterway, with easy access to shopping, dining, and entertainment.; Strong income potential: Five units, including a standalone cottage, all currently leased.; Separately metered units: Each unit is individually metered for electric and water, reducing overhead.
