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305 Cypress Drive 1, Lake Park, FL 33403 (MLS# R10529979)

305 Cypress Drive 1, Lake Park, FL 33403

$410,000
Property Type: Residential Income Square Footage: 2,918 Status: Closed
Current Price: $410,000 List Date: 5/03/2020 Last Modified: 5/22/2026

Overview

Description

Updated 5 unit property. Main building of 2 stories contains three 2 bedroom units and one efficiency unit along with a separate free standing efficiency. Showing by appointment only.

Listing Details MLS# R10529979

General Property Information

Number Of Units Total
5
Property Sub Type
Quadruplex
Building Area Main
2918
Building Area Source
Public Records
Living Area Main
2903
Year Built
1928
Gated Community YN
Yes
Lot Size Area
12595
Lot Size Acres
0.29
Lot Size Dimensions
75.0 ft x 168.0 ft
Senior Community YN
No
Stories
2
Pool Private YN
No

Property Features

Association Amenities: None Documents Available: Accounting Statements; Copy Of Lease(s); Investment Analysis Electric: Three Phase Flooring: Carpet; Ceramic Tile; Linoleum Property Condition: Resale Tenant Pays: Electricity Source Of Expenses: Owner Provided; Pro Forma Construction Materials: CBS; Frame; Stucco Cooling: Central Air; Wall/Window Unit(s) Heating: Central; Window/Wall Listing Terms: Cash; Conventional Other Structures: Outbuilding Possession: Close Of Escrow Other Leasing Restrictions: Tenant Approval Roof: Composition Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Occupied Occupant Details: Tenant Occupied Unit 1 Appliances: Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 2 Rooms: Kitchen Unit 3 Appliances: Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Parking Space Unit 4 Appliances: Range Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: Parking Space Contingencies: Other Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
549900

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
305
Street Name
Cypress
Street Suffix
Drive
Unit Number
Yes
City Name
Lake Park
State Or Province
FL
Postal Code
33403
Postal Zip
33403
Subdivision Name
KELSEY CITY
Area
5270
Geographic Area
PB26
Parcel Number
36434220010690440
Zoning
R1(cit
Directions
Us I North of Blue Heron to West on Cypress
Multiple Offers Accepted
Yes

Financial Information

Tax Annual Amount
9137.9
Tax Year
2018
Tax Legal Description
KELSEY CITY LTS 44 TO 46 INC BLK 69

Status Change Information

Major Change Timestamp
2020-11-15T18:22:59Z
Major Change Type
Status Change
Price Change Timestamp
2020-01-02T14:15:54Z
Status Change Date
2020-11-15
Under Contract Date
2020-07-23
Close Date
2020-11-13
Close Price
410000
Buyer Financing
Cash

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
Yes

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Annual Total Expense
14421
Gross Income
54999
Net Operating Income
40575

Unit 1 Details

Actual Rent
1150
Baths Full
Yes
Furnished
Unfurnished
SqFt
0

Unit 2 Details

Actual Rent
1150
Baths Full
Yes
Furnished
Unfurnished
SqFt
0

Unit 3 Details

Actual Rent
1150
SqFt
0

Unit 4 Details

Actual Rent
875
Efficiency YN
Yes
SqFt
0

Price Calculations

Current Price To SqFt
141.23
Original List Price To Close Price
1.34

Originating Details

Originating System Key
20190513150558576108000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Electric

Three Phase
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes
Linoleum
Yes

Property Condition

Resale
Yes

Documents Available

Accounting Statements
Yes
Copy Of Lease(s)
Yes
Investment Analysis
Yes

Tenant Pays

Electricity
Yes

Other Structures

Outbuilding
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Sewer Available
Yes
Water Available
Yes

Heating

Central
Yes
Window/Wall
Yes

Water Access

None
Yes

Construction Materials

CBS
Yes
Frame
Yes
Stucco
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Composition
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes
Pro Forma
Yes

Cooling

Central Air
Yes
Wall/Window Unit(s)
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
Occupied
Yes

Other Leasing Restrictions

Tenant Approval
Yes

Tax Information

City/County
Yes

Occupant Details

Tenant Occupied
Yes

Contingencies

Other
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 1 Rooms

Kitchen
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes

Unit 2 Parking Features

Parking Space
Yes

Unit 2 Rooms

Kitchen
Yes

Unit 3 Appliances

Range
Yes
Refrigerator
Yes

Unit 3 Other Equipment

Air Conditioning Unit
Yes

Unit 3 Parking Features

Parking Space
Yes

Unit 4 Appliances

Range
Yes

Unit 4 Other Equipment

Air Conditioning Unit
Yes

Unit 4 Parking Features

Parking Space
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes
Listing Office: 610 Clematis Real Estate, LLC
IDX
Last Updated: May - 22 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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