Home in 505 Foresteria Drive, Lake Park, FL 33403 for sale with MLS# B26048563
3 bedroom home with 3 efficiency triplex totaling 4 units in a high-growth Lake Park location. Immediate cash flow from day one with all efficiency 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. Live in the house and pay the mortgage with the income from the triplex. Opportunities like this are limited.
505 Foresteria Drive, Lake Park, FL 33403
Price
- Price:
- $750,000.00
- Original List Price:
- $750,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $433.02
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- July 7, 2026 6:40 pm
Rooms Distribution
- Bedrooms:
- 3
- Bathrooms Total:
- 4
- Full Bath:
- 4
- Room Type:
- Kitchen, Living Room, Master Bedroom
- Rooms Total:
- 3
- Master Bedroom Bath:
- Separate Shower
Measures
- Living Area:
- 1,732 Sqft
- Built-Up Area:
- 2,325 Sqft
- Building Area Source:
- Owner
- Living Area Source:
- Public Records
- Lot Size Acres:
- 0.14
Property Features
- Waterfront:
- No
- Security:
- Smoke Detector(s)
- Appliances:
- Microwave, Refrigerator, Electric Range, Electric Water Heater, Water Heater, Range
- Exterior:
- Barbecue
- Other Structures:
- Other
- Laundry:
- In Garage, Washer Hookup, Inside, Electric Dryer Hookup
- Fireplace
- Fireplace:
- Wood Burning
- Air Conditioning
- Air Conditioning System:
- Wall/window Unit(s)
- Heating
- Heating System:
- Window/wall
- Fence:
- Fenced, Back Yard
- Property Entrance Faces:
- South
- Other Equipment:
- Satellite Dish
- Sprinkler Description:
- Auto Sprinkler
Construction
- Year Built:
- 1945
- Roof:
- Shingle, Tar/gravel
- Architectural Style:
- Ranch
- Levels:
- One
- Construction Materials:
- Stucco, Aluminum Siding, Vinyl Siding, CBS
- Flooring:
- Tile, Clay
- Number of stories:
- 1
- Structure Type:
- House
- Stories:
- 1
- Road Frontage Type:
- City Street
- Foundation Details:
- Slab, Concrete Perimeter, Raised
- Flood Zone Code:
- X
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $11,412.7
- Tax Year:
- 2025
- Property Tax Details:
- Tax Reflects No Exemptions
Parking
- Parking Total Spaces:
- 4
- Covered Spaces:
- 0
- Parking Features:
- Driveway, Open, On Street
Utilities
- Sewer:
- Public Sewer
- Utilities Available:
- Electricity Connected, Sewer Connected, Water Connected
- Water Source:
- Public
Community
- Pets Allowed?:
- Yes, No Restrictions
- Lease Number Times per Year Allowed:
- 365
- Subdivision Name:
- KELSEY CITY
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Minimum Days per Lease:
- 1
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional, 1031 Exchange
- Buyer Possession:
- Negotiable, Close Of Escrow
Zoning and Legal
- 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)
Public Schools Assigned
- Elementary School:
- Read Pattillo Elem
- High School:
- Palm Beach Gardens
- Middle Or Junior School:
- Howell L. Watkins
Listing History
- Active on the market since:
- July 7, 2026
- Listing Agreement executed on:
- July 1, 2026
- Listing Status Last Changed On:
- July 7, 2026 6:40 pm
- Photos updated on:
- July 10, 2026 4:57 pm
- Last Modified:
- July 10, 2026 4:57 pm
Additional Information
- Courtesy of:
- One Sotheby's International Realty
- Attribution:
- Not provided
Location
- 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
Property Map
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$69,050
Median Home Value
$340,100
Median Rent
$1,426/mo
Median Age
35
Population
13,710
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