Palm Beach > Lake Park > 33403 > Kelsey City

305 Cypress Drive 1, 2, 3, 4, 5 Lake Park, FL 33403

2,903 Sqft, Quadruplex

AGENT'S REMARKS ABOUT 305 CYPRESS DRIVE 1, 2, 3, 4, 5

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.

PROPERTY DETAILS

  • Property Type: Quadruplex
  • Approx Living Area: 2,903 SqFt
  • Year Built: 1928
  • Lot Size: 12,595 SqFt
  • Flooring: Carpet, Ceramic Tile, Linoleum
  • Roof: Composition
  • Construction: Frame, Stucco, CBS
  • Cooling System: Central Air
  • Heating: Central
  • Utility Information: Cable Available, Sewer Available, Water Available
  • County: Palm Beach
  • Area: 5270
  • Subdivision: KELSEY CITY
  • Community: kelsey city
  • Community Features: None
  • Age Restricted: No
  • Annual Property Taxes: $16,966
  • Elementary School: Lake Park
  • Junior High School: Howell L. Watkins
  • High School: Palm Beach Gardens

MAP LOCATION FOR 305 CYPRESS DRIVE 1, 2, 3, 4, 5 LAKE PARK, FL 33403

Directions: US-1 to Cypress Dr.

Do you have questions about 305 Cypress Drive 1, 2, 3, 4, 5 Lake Park, FL 33403? Contact us for more information and to schedule a tour. Brett Colby Group is a local top real estate service in Palm Beach County, FL.

Brett Colby
5.0 164 reviews
Text or call (561) 903-4200
Listing courtesy of RE/MAX Prestige Realty/Wellington 04.09.2026