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$750,00031 days on marketActive

505 Foresteria Drive, Lake Park, FL 33403

Lake Park, FL 33403
3
Beds
4
Baths
1,732
Sq Ft
$433
$/Sq Ft
1945
Year Built
0.14 acres
Lot Size

Listing Snapshot

List Price$750,000
Price / Sq Ft$433
Beds3
Baths4
Living Area1,732 sqft
Lot Size0.14 acres
Year Built1945
Property Tax$11,412.7/yr
MLS #1176609958
StatusActive
Days on Market31

About This Home

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.

General Features

Property Type
Residential
Sub-type
SingleFamilyResidence
Style
Ranch
Stories
1
Direction Faces
South
Parking Spaces
4
Parking
Driveway,Open,OnStreet
Foundation
ConcretePerimeter,Raised,Slab
Zoning
R1 (city)
Security
SmokeDetectors
Utilities
ElectricityConnected,SewerConnected,WaterConnected
Subdivision
KELSEY CITY

Interior Features

Appliances
ElectricRange,ElectricWaterHeater,Microwave,Range,Refrigerator,WaterHeater
Flooring
Clay,Tile
Heating
WallFurnace
Cooling
WallWindowUnits
Interior Features
None,SeparateShower
Laundry
WasherHookup,ElectricDryerHookup,Inside,InGarage

Exterior Features

Construction
AluminumSiding,Block,Stucco,VinylSiding
Exterior Features
Barbecue
Roof
Shingle,TarGravel
Lot Features
SprinklersAutomatic,LessThanQuarterAcre
Fencing
BackYard,Fenced
Pool
No
Waterfront
No

Community Features

MLS Area
5270

Schools

ElementaryLake Park
MiddleHowell L. Watkins
HighPalm Beach Gardens

Map

Virtual Tour

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Listed by Micah Volmer · One Sotheby's International Realty
MLS# 1176609958 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

Interested in this home?

Schedule a showing or ask a question — buyer representation is free.

Estimate Your Payment

$

20% down · Loan: $600,000

%
Est. Monthly$5,044
Principal & Interest$4,093
Property Tax$951

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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