505 Foresteria Drive, Lake Park, FL 33403
- $750,000
- 3
- BD
- 4
- BA
- 1,732
- SqFt
- List Price
- $750,000
- Days on Market
- 27
- MLS#
- B26048563
- Bedrooms
- 3
- Full Bathrooms
- 4
- Sq. Ft
- 1,732
- Subtype
- Single Family Residence
- County
- Palm Beach
- Subdivision
- Kelsey City
- Year Built
- 1945
Property Description
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 $86,400 in annual gross rental income with immediate cash flow. Ideally located just minutes from the Intracoastal Waterway, Singer Island beaches, marina, brewery, theater, 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, and outstanding investment potential. 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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Additional Information
- Pets Allowed
- No Pet Restrictions, Yes
- Construction
- Aluminum Siding, Block, Stucco, Vinyl Siding
- Cooling
- Wall/Window Unit(s)
- Equipment
- Satellite Dish
- Flooring
- Clay, Tile
- Heating
- Wall Furnace
- Restrict
- NoRestrictions
- Roof
- Shingle, Tar/Gravel
- Security
- Smoke Detector(s)
- Taxes
- $11,412
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Stories
- 1
- Acres
- 0.14
- Price Per Sqft
- $433
- Elementary School
- Lake Park
- Middle School
- Howell L. Watkins
- High School
- Palm Beach Gardens
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Listing courtesy of One Sotheby's International Realty. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Micah L Volmer | Email: micah.volmer@gmail.com