505 Foresteria Drive, Lake Park, FL 33403

Lake Park
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
505 Foresteria Drive,Lake Park, FL 33403
$750,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,732 sq. ft.
  • Multi-family
  • Active
Listed by: micah l volmer
Office: one sotheby's international realty
MLS#:B26013374
Source:RMLS

Price summary

  • Price:$750,000
  • Price per sq. ft.:$322.58

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, pickleball, 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, & outstanding investment. 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...

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Home facts

  • Year built:1945
  • Subdivision & Development:KELSEY CITY
  • Listing ID #:B26013374
  • Added:119 day(s) ago
  • Updated:August 07, 2026 at 02:59 PM

Rooms and interior

  • Flooring:Clay, Tile
  • Living area:1,732 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Wall Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1945
  • Building area:1,732 sq. ft.
  • Construction Materials:Block, Stucco
  • Foundation Description:Raised, Slab
  • Levels:1 Story

Schools

  • High school:Palm Beach Gardens
  • Middle school:Howell L. Watkins
  • Elementary school:Lake Park

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$750,000
  • Price per sq. ft.:$322.58
  • Tax amount:$11,413 (2025)

Features and amenities

  • Laundry features:In Garage

Parking

  • Total parking spaces:4
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. RMLS Member Broker: Gene Whiddon III <gwhiddon@bhgfirst.com>

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