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Ashley & Blair Alshut

twinssellingthepalmbeaches@gmail.com +1(561) 271-6847

$ 1,350,000

Est. payment | -/mo

4 Baths

2,903 SqFt

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$ 1,350,000

Est. payment | -/mo

Save Virtual Tour

4 Baths

2,903 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,903 sqft

Price per Sqft $465

Subdivision Kelsey City

MLS Listing ID R11126199

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 2903

Year Built 1928

Annual Tax Amount $16,966

Tax Year 2025

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Quadruplex

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.

Location

State FL

County Palm Beach

Area 5270

Zoning R1(cit

Rooms

Other Rooms Outbuilding

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air

Flooring Carpet, Ceramic Tile, Linoleum

Fireplace No

Window Features Storm Window(s)

Exterior

Exterior Feature Courtyard, Garden, Other

Fence Fenced

Utilities Available Cable Available, Sewer Available, Water Available

Waterfront Description None

Water Access Desc Multiple Meters,Public

Roof Type Composition

Accessibility None

Total Parking Spaces 10

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot, Sprinklers Automatic, Sprinkler System

Dwelling Type Quadruplex

Entry Level Two

Sewer Public Sewer

Water Multiple Meters, Public

Level or Stories Two

Additional Building Outbuilding

Structure Type Frame,Stucco

New Construction No

Construction Status Resale

Schools

Elementary Schools Lake Park

Middle Schools Howell L. Watkins

High Schools Palm Beach Gardens

Others

Senior Community No

Tax ID 36434220010690440

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/305-Cypress-Drive-12345-Lake-Park-FL-33403/unbranded

Listed by Fabian Robert McCullon RE/MAX Prestige Realty/Wellington

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(561) 271-6847

twinssellingthepalmbeaches@gmail.com

305 Cypress DR E #1, 2, 3, 4, 5 Lake Park, FL 33403

Ashley & Blair Alshut

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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305 Cypress DR E #1,2,3,4,5