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ActiveFor sale

305 Cypress Drive E # 5, Lake Park FL 33403, Lake Park

$1,350,000

Lake Park, FL, 33403

305 Cypress Drive E # 5, Lake Park FL 33403 — photo 1
305 Cypress Drive E # 5, Lake Park FL 33403 — photo 2305 Cypress Drive E # 5, Lake Park FL 33403 — photo 3305 Cypress Drive E # 5, Lake Park FL 33403 — photo 4305 Cypress Drive E # 5, Lake Park FL 33403 — photo 5305 Cypress Drive E # 5, Lake Park FL 33403 — photo 6305 Cypress Drive E # 5, Lake Park FL 33403 — photo 7305 Cypress Drive E # 5, Lake Park FL 33403 — photo 8305 Cypress Drive E # 5, Lake Park FL 33403 — photo 9305 Cypress Drive E # 5, Lake Park FL 33403 — photo 10305 Cypress Drive E # 5, Lake Park FL 33403 — photo 11305 Cypress Drive E # 5, Lake Park FL 33403 — photo 12

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 Parkfor 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

The data relating to real estate listings on this website comes in part from the participating MLS via Bridge API. Information is deemed reliable but not guaranteed and should be independently verified. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.