505 Foresteria Drive, Lake Park, FL 33403
Local realty services provided by:CENTURY 21 Tenace Realty
Listed by: micah l volmer
Office: one sotheby's international realty
MLS#:B26013374
Source:RMLS
Price summary
- Price:$750,000
- Price per sq. ft.:$322.58
About this home
Rare four-unit investment opportunity in the rapidly growing Lake Park market. This unique property features a main residence plus a triplex with three efficiency units, generating $82,200 in annual gross rental income with immediate cash flow. Ideally located just minutes from the Intracoastal Waterway, Singer Island beaches, marina, brewery, theater, pickleball, Publix, US-1, I-95, and Palm Beach International Airport. Per current zoning and permitting information, the property may accommodate up to 10 units (buyer to verify). The main house also offers potential to convert to a 3BR/2BA. Whether you're looking to renovate, add value, or hold for long-term income, this property offers exceptional upside in a high-demand rental market. Quiet street, easy to rent, & outstanding investment. 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
- Subdivision & Development:KELSEY CITY
- Listing ID #:B26013374
- Added:159 day(s) ago
- Updated:September 16, 2026 at 03:14 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, Flat, 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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