Search
22-Unit Apartment Property with Garages
For Sale
Contact for pricing

200 Park Ave, Lake Park, FL 33403

Multifamily property with cottage-style residences, multiple buildings, and supplemental garage income in Lake Park.

Property SizeContact for details
Lot Size1.27 Acres
Days on Market136

Property Features for 200 Park Ave

General Information

Standard status Active
Class C
Lot size 1.27 Acres
Property subtype Multifamily
Zoning R1A
Occupancy 100%
Investment Type Value Add

Additional Details

Multifamily Units 22

Building Details

Year Built 1940
Buildings 11
Stories 1
Units 22
Listing Agency: Union Street Partners, LLC
Listed By: Greg Celentano · License #FL 0667454
Source: Crexi
Added: Apr 20 Changed: Aug 30 Last Checked: Aug 30 at 7:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Union Street Partners, LLC

Investment Insights

Based on property information with market context.

Built in 1940, this multifamily property contains 22 apartment units distributed across 11 buildings, including detached cottage-style residences. The site also features 16 garages that produce additional annual income, adding a separate revenue component to the property. The asset is fully occupied and includes excess land within its residential setting.

The property is located at 200 Park Avenue in Lake Park, Florida, within Palm Beach County. The parcel measures approximately 55,321 SF and carries R1A zoning. Its configuration combines apartment buildings, detached homes, and standalone garage facilities on one infill site.

Key Highlights

  • 22‑unit multifamily property across 11 buildings
  • Approximately ±55,321 SF parcel
  • Mix of apartment units and detached cottage‑style homes

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office Computer & Electronic Repair Storage Facility Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22
Residential units

Location Intelligence

Trade Area within ½ mile

641
Businesses Nearby

Demographics for 33403, FL

13,779
Population
5,906
Households
2.3
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
3.3 sq mi
ZIP Area
4,175
Density / Sq Mi
$69,050
Median Household Income
$34,019
Median Earnings
$1,426
Median Rent
$340,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with cottage-style residences, multiple buildings, and supplemental garage income in Lake Park.
Where is this apartment building located?
The property is located at 200 Park Ave Lake Park, FL.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: 22‑unit multifamily property across 11 buildings; Approximately ±55,321 SF parcel; Mix of apartment units and detached cottage‑style homes
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message