505 Foresteria Drive, Lake Park, FL 33403
Local realty services provided by:CENTURY 21 Stein Posner
Listed by: micah l volmer, kasra divband
Office: dj & lindsey real estate
MLS#:B26013374
Source:RMLS
Price summary
- Price:$750,000
- Price per sq. ft.:$322.58
About this home
Fully leased quadplex with multifamily zoning (up to 10 units) in a high-growth Lake Park location. Immediate cash flow from day one with all units occupied, plus strong upside through future redevelopment or added density. Prime location just minutes to the Intracoastal, 8-10 minutes to Singer Island beaches, ~3 minutes to Publix, with quick access to US-1, I-95, and ~20 minutes to PBI Airport. High-demand rental corridor supports consistent occupancy and long-term appreciation. Stabilized income with built-in upside. Opportunities like this are limited. All information pertaining to the property is deemed reliable, but not guaranteed. Information to be verified by the Buyer. Be advised that cameras may exist recording audio and video inside/outside the property, such as ring doorbells. Photos are digitally enhanced and could be altered, please verify.
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Home facts
- Year built:1945
- Listing ID #:B26013374
- Added:13 day(s) ago
- Updated:April 23, 2026 at 03:11 PM
Rooms and interior
- Flooring:Clay, Tile
- Living area:1,732 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Wall Window Units
- Heating:Wall Furnace
Structure and exterior
- Roof:Composition, Shingle
- Year built:1945
- Building area:1,732 sq. ft.
- Construction Materials:Block, Stucco
- Foundation Description:Raised, Slab
- Levels:1 Story
Schools
- High school:Palm Beach Gardens
- Middle school:Howell L. Watkins
- Elementary school:Lake Park
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$750,000
- Price per sq. ft.:$322.58
- Tax amount:$11,413 (2025)
Features and amenities
- Laundry features:In Garage
Parking
- Total parking spaces:4
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