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505 Foresteria Drive

Lake Park, FL 33403
  • $750,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: B26048563
UPDATED: 201 min ago
$750,000
  • 3
    BEDS
  • < 1/4 Acre
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,732
    SQFT
  • $433
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1945
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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.

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All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2026 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2026-07-18T23:33:20.167.
www.thecahurgroup.com/homes/178534640
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505 Foresteria Drive Lake Park, FL 33403

  • Price: $750,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 201 min ago
  • MLS #: B26048563
3
Beds
4
Baths
0
½ Baths
< 1/4 Acre
Acres
1,732
SQFT
$433
$/SQFT
1945
Built
Neighborhood:
Kelsey City
County:
Palm Beach
Area:
Lake Park
Elementary School:
Lake Park
Middle School:
Howell L. Watkins
High School:
Palm Beach Gardens
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.
Exterior Features

Architectural Style Ranch Carport YN No Construction Materials Aluminum Siding Block Stucco Vinyl Siding Covered Spaces 0 Exterior Features Barbecue Foundation Details Concrete Perimeter Raised Slab Garage YN No Open Parking YN Yes Parking Features Driveway Open On Street Parking Total 4 Pool Private YN No Roof Shingle Tar / Gravel

Interior Features

Appliances Electric Range Electric Water Heater Microwave Range Refrigerator Water Heater Building Area Total 2325 Cooling Wall / Window Unit(s) Cooling YN Yes Fireplace Features Wood Burning Fireplace YN Yes Flooring Clay Tile Heating Wall Furnace Heating YN Yes Interior Features None Separate Shower Laundry Features Washer Hookup Electric Dryer Hookup Inside In Garage Levels One Main Level Bathrooms 4 Main Level Bedrooms 3 Rooms Total 3

Property Features

Association YN No Direction Faces South Fencing Back Yard Fenced Listing Terms Cash Conventional1031 Exchange Lot Features Sprinklers Automatic< 1 /4 Acre Membership Equity YN False Membership Fee New Construction YN No Occupant Type Call Agent Other Equipment Satellite Dish Other Structures Other Pets Allowed No Pet Restrictions Yes Property Condition Resale Property Sub Type Single Family Residence Property Sub Type Additional Single Family Residence Restrictions No Restrictions Road Frontage Type City Street Security Features Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Stories 1 Stories Total 1 Tax Annual Amount 11412.7 Tax Year 2025 Utilities Electricity Connected Sewer Connected Water Connected Water Source Public Waterfront YN No

Listing provided courtesy of One Sotheby's International Realty: . Listing information © 2026 BeachesMLS


All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2026 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2026-07-18T23:33:20.167.
 
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