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Active quadruplex SALE

305 Cypress Drive E 1, Lake Park, Florida 33403

Lake Park, FL 33403

$1,350,000
4 baths
2,903 sqft
Property Details
MLS# R11126199
Type Quadruplex
Square Footage 2,903
Bathrooms 4
Year Built 1928
Tax Amount $16,966

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.
Amenities
Built 1928
Cooling: Central Air
Courtyard
Courtyard, Garden, Other
Garden
Heating: Central
Other

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30 Year Fixed, 6.59% Interest
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Property Location
Listing Office: RE/MAX Prestige Realty/Wellington
Listing Agent: Fabian Mc Cullon

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