Address

505 Foresteria Drive, Lake Park, FL

Listing Type

Active

Price

$ 750,000

Property Attributes

MLS#B26048563
TypeSingle Family
Listing Status Active
CountyPalm Beach
CityLake Park
Area5270
NeighborhoodKELSEY CITY
Zip33403
Style
Year Built1945
Taxes$ 11412
Price$ 750,000
Bedrooms3
Full Bathrooms4
Half Bathrooms0
Sqr Footage1732
Lot Size0.14 Acres

Data Source:

Beaches MLS (FL)

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, 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.

Elementary School	Middle School	High School
Lake Park Elementary School	Howell L. Watkins Middle School	Palm Beach Gardens High School

Price History
7/7/2026	Listed $750,000

General Features

Membership Required	false
Sewer	PublicSewer
Heating	WallFurnace
Cooling	WallWindowUnits
Utilities	ElectricityConnected,SewerConnected,WaterConnected
Possession	CloseOfEscrow,Negotiable
Roof	Shingle,TarGravel
Appliances	ElectricRange,ElectricWaterHeater,Microwave,Range,Refrigerator,WaterHeater
Architectural Style	Ranch
Security Features	SmokeDetectors
Construction Materials	AluminumSiding,Block,Stucco,VinylSiding
Pets Allowed	NoPetRestrictions,Yes
Year Built	1945
Stories Count	1
Levels	One
Property Subtype	SingleFamilyResidence
Tax Year	2025
Accessibility	None
County	Palm Beach
New Construction	false
Property Type	Residential
Subdivision Name	KELSEY CITY
Facing Direction	South
Garage Y/N	false
Other Structures	Other
Total Rooms	3
Full Baths	4
Status	Active
High School	Palm Beach Gardens
City	Lake Park
Senior Community Y/N	false
MLS Area	5270
Carport Y/N	false
Elementary School	Lake Park
Tax Annual Amount	11412.7
Middle/Junior High School	Howell L. Watkins
Property Condition	Resale
Virtual Tour	https://www.propertypanorama.com/505-Foresteria-Drive-Lake-Park-FL-33403--B26048563/unbranded
Standard Status	Active
Occupancy Type	CallAgent
Property Sub Type Additional	SingleFamilyResidence
PostalCity	Lake Park
Legal Description	KELSEY CITY LTS 44~ 45 & W 1/2 OF LT 46 BLK 18

Interior Features

Interior Amenities	None,SeparateShower
Flooring	Clay,Tile
Fireplace Features	WoodBurning
Total Stories	1
Air Conditioning Y/N	true
Heating Y/N	true
Fireplace Y/N	true
Laundry Features	WasherHookup,ElectricDryerHookup,Inside,InGarage
Total Bedrooms	3
Main Level Bedrooms	3
Main Level Bathrooms	4
Total Baths	4

Exterior Features

Exterior Amenities	Barbecue
Fencing	BackYard,Fenced
Parking Features	Driveway,Open,OnStreet
Lot Features	SprinklersAutomatic,LessThanQuarterAcre
Water Source	Public
Total Parking	4
Lot Size Area	6098.4
Foundation Details	ConcretePerimeter,Raised,Slab
Building Area Total	2325
Lot Size Acres	0.14
Waterfront Y/N	false
Road Frontage Type	CityStreet
Other Equipment	SatelliteDish