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505 Foresteria Drive, Lake Park, Florida 33403

Active For Sale
$750,000
  • Beds 3
  • Baths 4
  • Sq Ft 1,732 Sqft
  • Visits: 7 in 22 days

Description

Discover a rare four-unit investment opportunity in the high-growth Lake Park area. This unique property features a three-bedroom main residence plus a triplex with three fully occupied efficiency units, offering immediate rental income from day one. Whether you’re an investor seeking strong cash flow or a homeowner looking to offset your mortgage, this property offers exceptional flexibility. Live in the main home while the rental income helps cover your monthly expenses, or maximize its full investment potential and bring in $97,500/yr in revenue. Ideally located just minutes from the Intracoastal Waterway. Singer Island beaches, Publix, US-1, I-95 and Palm Beach International Airport, the property sits in a thriving rental market with excellent long-term growth potential.

Features

  • Swimming Pool: No
  • Heating System: Wall Furnace
  • Cooling System: Wall/Window Unit(s)
  • Parking: Driveway, Two or More Spaces, On Street, Open

Appliances

  • Appliances: Electric Range, Microwave, Refrigerator, Electric Water Heater

Address Map

  • Country: US
  • State: FL
  • County: Palm Beach
  • City: Lake Park
  • Subdivision: KELSEY CITY
  • Zipcode: 33403
  • Street: Foresteria
  • Street Number: 505
  • Street Suffix: Drive
  • Floor Number: 0
  • Longitude: W81° 56' 14.2''
  • Latitude: N26° 47' 51.4''
  • MLS Area: 5270

MLS Addon

  • Architectural Style: One Story, Ranch
  • Association Fee: $0
  • Close Price: $0
  • Exterior Features: Barbecue, Fence
  • Flooring: Tile, Clay
  • High School: Palm Beach Gardens
  • Insurance Expense: $0
  • Interior Features: Shower Only
  • Laundry Features: Washer Hookup, In Garage
  • Levels: One
  • Lot Features: < 1/4 Acre, <1 Acre, Sprinklers Automatic
  • Middle Or Junior School: Howell L. Watkins
  • New Taxes Expense: $0
  • Stories: 1
  • Stories Total: 1
  • Tax Annual Amount: $11,412
  • Utilities: Electricity Available, Sewer Available, Water Available

Location

Listing Updated: 2026-07-18 05:30:15

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : B26048563
  • Price : $750,000
  • View : Lake
  • Bedrooms : 3
  • Bathrooms : 4
  • Full Bathrooms : 4
  • Half Bathrooms : 0
  • Square Footage : 1,732 Sqft
  • Year Built : 1945
  • Lot Area : 0.14 Acre
  • Listing Status : Active
  • Days On Market : 21
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