For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    5-Unit Apartment Property with Separate Meters Title is generated by Realmo AI

    305 Cypress Drive E, Lake Park, FL 33403

    View on Map
    Claim this Listing
    For Sale
    $1,350,000

    MULTI_FAMILY - Lake Park, FL

    Property size:
    2,903 SF
    Lot size:
    0.29 Acres
    Price / SF:
    $465/SF
    Added:
    Sep 23, 2025
    Days on Market:
    271
    Last Refresh:
    Jun 20 at 1:06 am

    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
    Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 7, Bedroom 8, Bathroom 3, Bedroom 6, Bathroom 1, Bathroom 4, Bathroom 2
    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
    Linoleum, Tile - Ceramic, Carpet
    Building materials
    CBS, Frame, Stucco
    Roof type
    Composition
    Additional Structures
    Outbuilding

    We can help!

    Listing Contact
    Fabian Robert McCullon
    Fabian Robert McCullon

    Listing agent Fabian Robert McCullon License #3016356

    Listing office RE/MAX Prestige Realty/Wellington 12789 Forest Hill Blvd. No. 2A, West Palm Beach, FL

    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

    • 5‑unit apartment property with four 2‑bedroom, 1‑bath units and one standalone cottage
    • Central air and central heating; all units separately metered for electric and water
    • On‑site laundry facility and full surveillance system
    • Impact windows and fenced property
    • Utilities include cable available; water source is public and sewer is public sewer
    • Main roof scheduled for replacement prior to closing; built in 1928 with composition roof

    Overview

    This 5-unit apartment property includes four 2-bedroom, 1-bathroom units and a fifth standalone cottage designed to offer additional privacy and flexibility. The interior and exterior are described as meticulously maintained, with landscaped grounds supporting a strong first impression. Each unit has central air conditioning and impact windows. An on-site laundry facility is included, and the property is equipped with a full surveillance system. Electric and water services are separately metered for each unit, which can help streamline utility billing and reduce shared overhead concerns. The main roof is planned to be replaced prior to closing.

    The property is located in Lake Park, Florida, just blocks from the Intracoastal Waterway. The listing also notes easy access to nearby shopping, dining, and entertainment.

    For buyers seeking a small, self-contained residential income asset, the current rent roll is supported by month-to-month annual leases, providing flexibility for both residents and a new owner. The mix of four similarly sized units plus an additional cottage can help diversify unit configuration for tenant demand. Separate utility metering, in-unit comfort features, and on-site laundry are practical elements for everyday operations and resident experience.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Park
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.058917
    Latitude
    26.794832

    FAQs

    What type of property is this?
    Apartment building - Five residential units with separate electric and water metering, month-to-month leases, and on-site laundry for day-to-day convenience.
    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 $1,350,000.
    What are key features of this property?
    This property features: 5‑unit apartment property with four 2‑bedroom, 1‑bath units and one standalone cottage; Central air and central heating; all units separately metered for electric and water; On‑site laundry facility and full surveillance system
    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