305 Cypress Drive E #1,2,3,4,5, Lake Park, FL

$1,280,000

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4

Baths

2,903

Square feet

0.29

Acres

About 305 Cypress Drive E #1,2,3,4,5

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.

Features of 305 Cypress Drive E #1,2,3,4,5

MLS® # R11126199
Price $1,280,000
Bathrooms 4.00
Square Footage 2,903
Acres 0.29
Year Built 1928
Type Residential Income
Sub-Type Quadruplex
Status Price Change

Community Information

Address 305 Cypress Drive E #1,2,3,4,5
Area 5270
Subdivision KELSEY CITY
City Lake Park
County Palm Beach
State FL
Zip Code 33403

Amenities

Utilities Cable Available, Sewer Available, Water Available
Is Waterfront No
Waterfront None
Has Pool No

Interior

Heating Central
Cooling Central Air
Stories Two

Exterior

Exterior Features Courtyard, Garden, Other
Windows Storm Window(s)
Roof Composition
Construction Frame, Stucco

School Information

Elementary Lake Park
Middle Howell L. Watkins
High Palm Beach Gardens

Additional Information

Zoning R1(cit
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Prestige Realty/Wellington

Listing Map

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