305 Cypress DR E #1,2,3,4,5, Lake Park, FL 33403
305 Cypress DR E #1,2,3,4,5, Lake Park, FL 33403
305 Cypress DR E #1,2,3,4,5, Lake Park, FL 33403
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$1,350,000
Est. payment /mo
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2,903 SqFt
Price Dropped by $100K

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

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Jhaun Pryce

Jhaun Pryce

+1(305) 912-8349

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,903 sqft

Price per Sqft $465

Subdivision Kelsey City

MLS Listing ID R11126199

Style Fourplex

HOA Y/N No

Year Built 1928

Annual Tax Amount $16,966

Tax Year 2025

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Quadruplex

Property Description

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.

Location

State FL

County Palm Beach

Community Kelsey City

Area 5270

Direction US-1 to Cypress Dr.

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Ceramic Tile

Window Features Impact Glass

Exterior

Exterior Feature Fence

Pool None

Utilities Available Cable Available, Water Available, Sewer Available

Amenities Available None

Roof Type Composition

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot, Sprinklers Automatic, Sprinkler System

Story 2

Sewer Not Connected (at lot), Public Sewer, Other

Water Public

Architectural Style Fourplex

Level or Stories Two

Structure Type Block,Frame,Stucco

Schools

Middle Schools Howell L. Watkins

High Schools Palm Beach Gardens

Others

Senior Community No

Tax ID 36434220010690440

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/305-Cypress-Drive-12345-Lake-Park-FL-33403/unbranded

Miami Association of Realtors (SEFMIAMI MLS)
Listed by RE/MAX Prestige Realty/Wellington
Jhaun Pryce

+1(305) 912-8349

jhaun.pryce1@gmail.com

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