Quadruplex in 906 Foresteria Drive, Lake Park, FL 33403 for sale with MLS# B26066747

Excellent investment opportunity featuring 4 units, each offering 2 bedrooms and 1 bathroom. All four units are currently rented below market value, providing potential for increased future rental income. Three of the four units have been renovated, while the remaining unit offers additional value-add potential. Current gross rental income is $6,550 per month / $78,600 annually. Tenants pay their own electric; owner pays water, common-area electric and landscaping. Common laundry area with washer and dryer, with potential to convert to coin-operated laundry for additional income. Zoned PADD - Park Avenue Downtown District with multiple permitted uses. Tenant occupied. Please do not disturb tenants. Buyer to verify all information and zoning.

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Days on the market

906 Foresteria Drive, Lake Park, FL 33403

Price
Price:
$1,050,000.00
Original List Price:
$1,050,000.00
List Price per Sq Ft (Calculated, Approx.):
$310.28
Lease Details
Tenant Pays:
Electricity
Property Status and Type
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:
August 22, 2026 7:15 am
Measures
Living Area:
3,384 Sqft
Built-Up Area:
4,023 Sqft
Building Area Source:
Public Records
Living Area Source:
Public Records
Lot Size Acres:
0.23
Property Features
Waterfront:
No
Exterior:
Other
Air Conditioning
Air Conditioning System:
Central Individual
Construction
Year Built:
1973
Roof:
Flat
Number of Units Total:
2
Levels:
Two
Construction Materials:
CBS
Flooring:
Tile
Number of stories:
2
Structure Type:
Fourplex (Quadruplex)
Number of Units in the Community or Building:
4
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$13,344.45
Tax Year:
2025
Tax Assessed Value:
$454,278.00
Property Tax Details:
City/County
Utilities
Sewer:
Public Sewer
Utilities Available:
Electricity Available, Water Available
Water Source:
Public
Community
Pets Allowed?:
Yes, Dogs Ok, Cats Ok, Cats Only
Subdivision Name:
KELSEY CITY
Senior Community:
No
Restrictions:
No Restrictions
Leasing Permitted
Leasing Permitted Details:
Okay To Lease, Short Term Rentals Allowed
Terms
Documents Available:
Copy Of Lease(s)
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Subject To Tenant Rights
Zoning and Legal
Tax Legal Description:
KELSEY CITY LTS 1 TO 4 INC BLK 1
Real Estate Folio Number (Parcel Number):
36434220010010010
Zoning:
R2 (city)
Public Schools Assigned
Elementary School:
Oliver Hoover
High School:
Palm Beach Gardens
Middle Or Junior School:
Howell L. Watkins
Listing History
Active on the market since:
August 22, 2026
Listing Agreement executed on:
August 20, 2026
Listing Status Last Changed On:
August 22, 2026 7:15 am
Photos updated on:
August 22, 2026 7:15 am
Last Modified:
August 22, 2026 7:15 am
Additional Information
Courtesy of:
Capital Investments R.E. Corp.
Attribution:
Not provided
Location
Street Name:
Foresteria
Street Number:
906
City:
Lake Park
State:
Florida
Zip Code:
33403
County:
Palm Beach
Latitude:
N26° 47' 51.4''
Longitude:
W81° 55' 45''
Street Suffix:
Drive
Property Map

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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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Association of REALTORS®
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