305 Cypress Drive E # 5, Lake Park FL 33403, Lake Park
$1,350,000
Lake Park, FL, 33403












Property details
- Bathrooms
- 4
- Living area
- 2,903 sqft
- Year built
- 1928
- Type
- Quadruplex
- Days on market
- 280
- MLS #
- R11126199
Listing courtesy of RE/MAX Prestige Realty/Wellington · 561-798-8080. Listing agent: Fabian Robert McCullon. MLS data last updated 2026-06-30.
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.
305 Cypress Drive E # 5, Lake Park FL 33403, Lake Park — for sale, listed for $1,350,000 (4 bath, 2,903 sqft).
Observed price & status history
Asking price reduced from $1,750,000 to $1,350,000.
Priced like this listing
The 4 active listings closest in price within the same market segment:
Market trend (our weekly archive)
Our weekly snapshot archive tracks the median for listings for sale in 33403: 2 weekly observations.
This history is computed from our own recorded market snapshots, not backfilled estimates.
n=19 · 2026-07-30 · Methodology
Run the numbers
How long has it been listed?
280 days so far — the median among 20 active listings for sale in 33403 is 95 days, putting this listing at the 79% percentile for market time.
n=20 · 2026-07-30 · Methodology
Asking price vs segment median
$1,350,000 asks 212.1% above the $432,500 median across 20 listings for sale in ZIP 33403.
n=20 · 2026-07-30 · Methodology
Browse this price segment
n=39 · 2026-07-30 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-30 · Methodology
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