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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: 2 in 33 days

Description

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.

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: 2026-08-01 20:55:13

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : B26048563
  • Price : $750,000
  • View : Canal
  • 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 : 33
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