$1,350,000
↓ Reduced 23%305 Cypress Drive E # 5, Lake Park FL 33403
Lake Park, FL, 33403
- Year Built
- 1928
- Lot Size
- 0.29 acres
- Property Type
- Quadruplex
- Annual Taxes
- $16,966/yr
- MLS #
- R11126199
Market Position
Ambitiously pricedUsing 10 of 10 matching comparables
Lower percentile = priced below more of the sampled comparison set.
- List price
- $1,350,000 · area median: $1,022,500
- Days on market
- 280 · area median: 75
Priced below 30% of 10 comparable listings · area median: $383/SF
Computed from active comparable listings of the same type and similar size within about 10 miles.
Calculated: Jul 29, 2026 · Newest source update: Jul 28, 2026
Listing courtesy of RE/MAX Prestige Realty/Wellington · 561-798-8080
Listed by Fabian Robert McCullon
Last updated: Jun 30, 2026
Overview
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
Exterior
Flooring
Heating
Cooling
est.$8,240/mo
Est. payment based on a $1,350,000 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. For information only; actual amounts vary.
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