505 Foresteria Drive, Lake Park, FL 33403

$750,000
3
BD
4
BA
1,732
SqFt

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List Price
$750,000
Days on Market
27
MLS#
B26048563
Bedrooms
3
Full Bathrooms
4
Sq. Ft
1,732
Subtype
Single Family Residence
County
Palm Beach
Subdivision
Kelsey City
Year Built
1945

Property 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.

Additional Information

Pets Allowed
No Pet Restrictions, Yes
Construction
Aluminum Siding, Block, Stucco, Vinyl Siding
Cooling
Wall/Window Unit(s)
Equipment
Satellite Dish
Flooring
Clay, Tile
Heating
Wall Furnace
Lot Description
Sprinklers Automatic, < 1/4 Acre
Restrict
NoRestrictions
Roof
Shingle, Tar/Gravel
Security
Smoke Detector(s)
Taxes
$11,412
Utilities
Electricity Connected, Sewer Connected, Water Connected
Stories
1
Acres
0.14
Price Per Sqft
$433
Elementary School
Lake Park
Middle School
Howell L. Watkins
High School
Palm Beach Gardens

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of One Sotheby's International Realty. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Micah L Volmer | Email: micah.volmer@gmail.com