


305 Cypress Drive E 1,2,3,4,5, Lake Park, FL 33403
- Beds
- —
- Baths
- 4
- Sqft
- 2,903
- Home type
- Quadruplex
- Year built
- 1928
- Lot size
- 12,632 sqft
- Price / sqft
- $441
- HOA
- $0/mo
- Community
- KELSEY CITY
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.
Listing activity
- Days on market
- 362
- Listed
- Sep 23, 2025
- MLS listing updated
- Sep 20, 2026
- Feed last checked
- 8 minutes ago
Listed by Fabian Robert McCullon · RE/MAX Prestige Realty/Wellington
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms
- 4
- Bathrooms (decimal)
- 4
Rooms & features
- Flooring
- Carpet, Ceramic Tile, Linoleum
- Window features
- Storm Window(s)
Heating & cooling
- Heating
- Central
- Cooling
- Central Air
Property
Exterior
- Building area
- 2,919 sqft
- Exterior features
- Courtyard, Garden, Other
- Fencing
- Fenced
- Other structures
- Outbuilding
- Pool
- No
- Waterfront
- None
- Waterfront property
- No
Lot
- Lot size
- 12,632 sqft
- Lot size (acres)
- 0.29 acres
- Lot dimensions
- 75.0 ft x 168.0 ft
- Zoning
- R1(cit
Construction
Type & style
- Home type
- Quadruplex
- Structure type
- Quadruplex
- Year built
- 1928
- New construction
- No
Materials
- Construction
- Frame, Stucco
- Roof
- Composition
- Property condition
- Resale
- Levels
- Two
Utilities & green energy
Utilities
- Electric
- Three Phase
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision
- KELSEY CITY
- MLS area
- 5270
- MLS subarea
- PB26
- 55+ community
- No
Association
- Has association
- No
- Estimated monthly dues
- $0
Lease details
Rental information
- Tenant pays
- Cable TV, Electricity, Insurance
Location
Area details
- City
- Lake Park
- County
- Palm Beach
- ZIP code
- 33403
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- R11126199
- Possession
- Close Of Escrow
- Original list price
- $1,750,000
- Parcel number
- 36434220010690440
- Annual property tax
- $16,966
- Tax year
- 2025
- Tax legal description
- 3-44-42, E 225 FT OF N 200 FT OF S 1035.13 FT OF NE 1/4
- Special listing conditions
- Standard
Additional MLS details
Reported by the listing source
- Association
- No
- Bathrooms Total Decimal
- 4
- Bathrooms Total Integer
- 4
- Building Area Total
- 2919
- Construction Materials
- Frame, Stucco
- County Or Parish
- Palm Beach
- Days On Market
- 362
- Elementary School
- Lake Park
- High School
- Palm Beach Gardens
- List Price
- 1280000
- Listing Contract Date
- 2025-09-23
- Living Area
- 2903
- Lot Size Acres
- 0.29
- Lot Size Area
- 12595
- Lot Size Dimensions
- 75.0 ft x 168.0 ft
- MLSArea Major
- 5270
- MLSArea Minor
- PB26
- Middle Or Junior School
- Howell L. Watkins
- Mls Status
- Active
- On Market Date
- 2025-09-23
- Photos Count
- 53
- Postal Code
- 33403
- Price Change Timestamp
- 2026-08-18T14:47:19Z
- Property Sub Type
- Quadruplex
- Property Type
- Residential Income
- Senior Community
- No
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2025-09-23T13:55:38Z
- Stories
- 2
- Subdivision Name
- KELSEY CITY
- Water Source
- Public
- Waterfront Features
- None
- Tax Annual Amount
- 16966
- Pool Private
- No
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Sep 23, 2025 | ListedBeachesMLS | $1,750,000$603/sqft |
| Aug 18, 2026 | Price reducedBeachesMLS | $1,280,000$441/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $16,966 | — |
Payment calculator
- Principal & interest
- $6,642
- Property taxes
- $1,414
- Insurance
- $640
- Association dues
- $0
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Neighborhood
Area
KELSEY CITYLake Park · Palm Beach County · 33403
Climate risk
—No licensed climate-risk source is connected.
Nearby schools
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