Quadruplex in 505 Foresteria Drive, Lake Park, FL 33403 for sale with MLS# B26013374
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, 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.
505 Foresteria Drive, Lake Park, FL 33403
- Price:
- $750,000.00
- Original List Price:
- $750,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $433.02
- Tenant Pays:
- Electricity, Cable Tv
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- April 9, 2026 7:05 pm
- Other Special Conditions:
- Requirements Non Conforming Use
- Living Area:
- 1,732 Sqft
- Built-Up Area:
- 2,325 Sqft
- Building Area Source:
- Owner
- Living Area Source:
- Public Records
- Lot Features:
- Interior Lot
- Lot Size Acres:
- 0.14
- View from the Property:
- Other
- Waterfront:
- No
- Laundry:
- In Garage, Washer Hookup, Inside, Electric Dryer Hookup
- Air Conditioning
- Air Conditioning System:
- Ceiling Fan(s), Wall/window Unit(s)
- Heating
- Heating System:
- Window/wall
- Fence:
- Fenced
- Road Responsibility:
- Public Maintained Road
- Year Built:
- 1945
- Roof:
- Shingle, Composition
- Number of Units Total:
- 4
- Levels:
- One
- Construction Materials:
- Block, Stucco, Aluminum Siding
- Flooring:
- Tile, Clay
- Number of stories:
- 1
- Structure Type:
- Triplex, Fourplex (Quadruplex), Multi Family
- Number of Units in the Community or Building:
- 4
- Stories:
- 1
- Road Frontage Type:
- City Street, West Of Us-1
- Foundation Details:
- Slab, Concrete Perimeter, Raised
- Flood Zone Code:
- X
- Property Condition:
- Resale
- Tax Annual Amount:
- $11,413.00
- Tax Year:
- 2025
- Property Tax Details:
- City/County, Tax Reflects No Exemptions
- Sewer:
- Public Sewer
- Utilities Available:
- Electricity Connected, Sewer Connected, Water Connected
- Water Source:
- Public
- Pets Allowed?:
- Yes, No Restrictions
- Subdivision Name:
- KELSEY CITY
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease
- Documents Available:
- Copy Of Lease(s)
- Listing Terms Considered by Seller:
- Cash, 1031 Exchange, Other
- Buyer Possession:
- Close Of Escrow
- Negotiable Seller Concessions
- Tax Legal Description:
- KELSEY CITY LTS 44~ 45 & W 1/2 OF LT 46 BLK 18
- Real Estate Folio Number (Parcel Number):
- 36434220010180440
- Zoning:
- R1 (city)
- Elementary School:
- Beacon Cove Intermediate
- High School:
- Palm Beach Gardens
- Middle Or Junior School:
- Howell L. Watkins
- Active on the market since:
- April 9, 2026
- Listing Agreement executed on:
- April 9, 2026
- Listing Status Last Changed On:
- April 9, 2026 7:05 pm
- Photos updated on:
- July 17, 2026 12:24 am
- Last Modified:
- August 4, 2026 6:32 pm
- Courtesy of:
- One Sotheby's International Realty
- Attribution:
- Not provided
- Road Surface Type:
- Paved
- Street Name:
- Foresteria
- Street Number:
- 505
- City:
- Lake Park
- State:
- Florida
- Zip Code:
- 33403
- County:
- Palm Beach
- Latitude:
- N26° 47' 51.9''
- Longitude:
- W81° 56' 13.7''
- Street Suffix:
- Drive
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 505 Foresteria Drive, Lake Park, FL 33403
