505 Foresteria Drive, Lake Park FL 33403

For sale Days on market 117

$750,000

$433/sq ft

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Overview

Year Built

1945

Sqft

1732

Property Type

Quadruplex

Property 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, 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 the property, such as ring doorbells. Photos are digitally enhanced and could be altered, please verify.

Property Details

MLS#

B26013374

Total Floor in Bldg

Address

505 Foresteria

City

Lake Park

State/county

Zip/Postal Code

33403

Area

Kelsey City

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$11,413

Maint Fee

$--

Tax Year

2025

Other

Other Water View

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