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.
906 Foresteria Drive, Lake Park, FL 33403
- Price:
- $1,050,000.00
- Original List Price:
- $1,050,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $310.28
- Tenant Pays:
- Electricity
- 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
- 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
- Waterfront:
- No
- Exterior:
- Other
- Air Conditioning
- Air Conditioning System:
- Central Individual
- 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
- Tax Annual Amount:
- $13,344.45
- Tax Year:
- 2025
- Tax Assessed Value:
- $454,278.00
- Property Tax Details:
- City/County
- Sewer:
- Public Sewer
- Utilities Available:
- Electricity Available, Water Available
- Water Source:
- Public
- 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
- Documents Available:
- Copy Of Lease(s)
- Listing Terms Considered by Seller:
- Cash
- Buyer Possession:
- Subject To Tenant Rights
- Tax Legal Description:
- KELSEY CITY LTS 1 TO 4 INC BLK 1
- Real Estate Folio Number (Parcel Number):
- 36434220010010010
- Zoning:
- R2 (city)
- Elementary School:
- Oliver Hoover
- High School:
- Palm Beach Gardens
- Middle Or Junior School:
- Howell L. Watkins
- 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
- Courtesy of:
- Capital Investments R.E. Corp.
- Attribution:
- Not provided
- 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

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates