Home in 505 Foresteria Drive, Lake Park, FL 33403 for sale with MLS# B26048563
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.
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
- Listing Type:
- For Sale
- Status:
- Active
- Contingency:
- Active Under Contract
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- Back On Market
- Last Major Update on:
- July 31, 2026 1:43 pm
- Bedrooms:
- 3
- Bathrooms Total:
- 4
- Full Bath:
- 4
- Room Type:
- Kitchen, Living Room, Master Bedroom
- Master Bedroom Bath:
- Separate Shower
- 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
- 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
- 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
- Tax Annual Amount:
- $11,412.7
- Tax Year:
- 2025
- Property Tax Details:
- Tax Reflects No Exemptions
- Parking Total Spaces:
- 4
- Covered Spaces:
- 0
- Parking Features:
- Driveway, Open, On Street
- Sewer:
- Public Sewer
- Utilities Available:
- Electricity Connected, Sewer Connected, Water Connected
- Water Source:
- Public
- 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
- Listing Terms Considered by Seller:
- Cash, 1031 Exchange, Other
- Buyer Possession:
- Negotiable, Close Of Escrow
- 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:
- Park Lakes
- High School:
- Palm Beach Gardens
- Middle Or Junior School:
- Howell L. Watkins
- Active on the market since:
- July 31, 2026
- Listing Agreement executed on:
- July 1, 2026
- Purchase Contract Date:
- July 28, 2026
- Listing Status Last Changed On:
- July 31, 2026 1:43 pm
- Photos updated on:
- July 17, 2026 12:09 am
- Last Modified:
- August 4, 2026 6:30 pm
- Courtesy of:
- One Sotheby's International Realty
- Attribution:
- Not provided
- 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
Air Quality
Source: AirNow.gov · West Palm Beach
Ver la propiedad 505 Foresteria Drive, Lake Park, FL 33403
