505 Foresteria DR, Lake Park, FL 33403
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505 Foresteria DR, Lake Park, FL 33403
505 Foresteria DR, Lake Park, FL 33403
505 Foresteria DR, Lake Park, FL 33403
505 Foresteria DR, Lake Park, FL 33403
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505 Foresteria DR Lake Park, FL 33403

3 Beds

4 Baths

1,732 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,732 sqft

Price per Sqft $433

Subdivision Kelsey City

MLS Listing ID B26048563

Style Ranch,One Story

Bedrooms 3

Full Baths 4

HOA Y/N No

Year Built 1945

Annual Tax Amount $11,412

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Single Family Residence

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.

Location

State FL

County Palm Beach

Community Kelsey City

Area 5270

Interior

Interior Features Shower Only

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Clay, Tile

Equipment Satellite Dish

Appliance Electric Range, Electric Water Heater, Microwave, Refrigerator

Laundry Washer Hookup, In Garage

Exterior

Exterior Feature Barbecue, Fence

Pool None

Utilities Available Electricity Available, Sewer Available, Water Available

Roof Type Composition,Shingle,Tar/Gravel

Total Parking Spaces 4

Private Pool No

Building

Lot Description <1 Acre, Sprinklers Automatic, < 1/4 Acre

Building Description Aluminum Siding,Block,Stucco, Living Area,Other

Faces South

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Ranch, One Story

Level or Stories One

Structure Type Aluminum Siding,Block,Stucco

Schools

Middle Schools Howell L. Watkins

High Schools Palm Beach Gardens

Others

Pets Allowed No Pet Restrictions

Senior Community No

Restrictions No Restrictions

Tax ID 36434220010180440

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Pets Allowed No Pet Restrictions

Virtual Tour https://www.propertypanorama.com/505-Foresteria-Drive-Lake-Park-FL-33403--B26048563/unbranded

Miami Association of Realtors (SEFMIAMI MLS)
Listed by One Sotheby's International Realty
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505 Foresteria DR