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.
Active
- Price
- $ 1,280,000
- City
- Lake Park
- Bedrooms
- 0
- Full Bathrooms
- 4
- County
- Palm Beach
- Half Bathrooms
- 0
- Area
- 5270
- Lot Size
- 0.29 Acres
- Zip
- 33403
- Sqr Footage
- 2,903
- Year Built
- 1928
- Taxes
- $ 16966
- Style
- MLS#
- R11126199
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Lake Worth, FL office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 33403
In The Neighborhood
In The Neighborhood
- Type
- Single Family
- Size
- <span>2,014</span> SqFt
- Rooms
- <span>4</span> Beds + <span>3</span> Baths
- Type
- Single Family
- Size
- <span>1,279</span> SqFt
- Rooms
- <span>3</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>1,135</span> SqFt
- Rooms
- <span>2</span> Beds + <span>1</span> Baths
- Type
- Single Family
- Size
- <span>2,656</span> SqFt
- Rooms
- <span>4</span> Beds + <span>3</span> Baths
- Type
- Single Family
- Size
- <span>1,316</span> SqFt
- Rooms
- <span>4</span> Beds + <span>3</span> Baths
- Type
- Single Family
- Size
- <span>1,683</span> SqFt
- Rooms
- <span>3</span> Beds + <span>3</span> Baths
- Type
- Single Family
- Size
- <span>1,341</span> SqFt
- Rooms
- <span>3</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>1,998</span> SqFt
- Rooms
- <span>3</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>1,608</span> SqFt
- Rooms
- <span>4</span> Beds + <span>2.5</span> Baths
- Type
- Single Family
- Size
- <span>1,430</span> SqFt
- Rooms
- <span>4</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>1,138</span> SqFt
- Rooms
- <span>2</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>1,431</span> SqFt
- Rooms
- <span>3</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>1,588</span> SqFt
- Rooms
- <span>4</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>1,916</span> SqFt
- Rooms
- <span>3</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>3,100</span> SqFt
- Rooms
- <span>5</span> Beds + <span>3</span> Baths
Areas That We Cover
305 Cypress Drive E 1,2,3,4,5 Lake Park, FL is a Single Family Home for sale at $1280000 with 2903 sqft and a lot size of 0.29 Acres Acre(s). 305 Cypress Drive E 1,2,3,4,5 Lake Park has 0 bedrooms, 4 baths and was built in 1928. The property's zip code is 33403 which is in Lake Park, FL
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.