
$1,280,000
Apartment for Sale, 305 Cypress E Drive 1,2,3,4,5, Lake Park, Florida 33403
- MLS#R11126199
270 m² (2,903 ft²)
Listed By RE/MAX Prestige Realty/Wellington
The Apartment for Sale located at 305 Cypress E Drive 1,2,3,4,5, Lake Park, Florida 33403 is currently for sale.
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
305 Cypress E Drive 1,2,3,4,5, Lake Park, Florida 33403
Property features
Property
- Property size:
270 m² (2,903 ft²) - Features: Courtyard
Lot/Land
- Land/Lot size:
1,170 m² (12,595 ft²) - Lot Description: Fenced
Construction
- Year built: 1928
- Roofing: Composition
- Construction: FrameFrame & Stucco
- Exterior: Stucco
Interior Features
- Floors: Ceramic TileCarpet
Exterior Features
- Outdoor spaces: Courtyard
- Carport spaces:
Heating and Cooling
- Heating System: Central
- Cooling System: Central AC
Utilities
- Telecommunication: Cable Available
- Other utilities: SewerPublicSewer Available Off SitePublic Sewer
Community
School information
- High School: Palm Beach Gardens
- Middle School: Howell L. Watkins