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
  • 3 Beds
  • 4 Baths
  • 1,732 sq. ft.
  • Single family
  • Active
Listed by: micah l volmer
Office: one sotheby's international realty
MLS#:B26048563
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 house plus a triplex with three efficiency units, generating $82,200 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...

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Home facts

  • Year built:1945
  • Subdivision & Development:KELSEY CITY
  • Listing ID #:B26048563
  • Added:77 day(s) ago
  • Updated:September 23, 2026 at 05:43 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Clay, Tile
  • Kitchen Description:Microwave, Refrigerator
  • Living area:1,732 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Shingle, Tar Gravel
  • Year built:1945
  • Building area:1,732 sq. ft.
  • Architectural Style:Ranch
  • Construction Materials:Block, Stucco
  • Exterior Features:Barbecue
  • 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

  • Appliances:Microwave, Refrigerator
  • Laundry features:In Garage

Parking

  • Total parking spaces:4
  • Parking description:Driveway, On Street, Open
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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