505 Foresteria Drive, Lake Park, FL 33403
- $750,000
Description
Rare four-unit investment opportunity in the rapidly growing Lake Park market. This unique property features a main house plus a triplex with three efficiency units, generating $82, 200 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.
Address
Open on Google Maps- Address: 505 Foresteria Drive
- City: Lake Park
- State/County: FL
- Zip/Postal Code: 33403
Details
Updated on September 23, 2026 at 12:12 pm- MLS # B26048563
- Price $750,000
- Property Size 2325 sqft
- Land Area 0.14 sqft
- Bedrooms 3
- Bathrooms 4
- Garage Size x x
- Year Built 1945
- Property Status Active
- Office Name One Sotheby's International Realty
- Agent Name Micah L Volmer
Additional Details
- Listing Terms Cash, 1031 Exchange, Other
- Roof Shingle, Tar/Gravel
- Utilities Electricity Connected, Sewer Connected, Water Connected
- Sewer Public Sewer
- Cooling Wall/Window Unit(s)
- Heating Wall Furnace
- Flooring Clay, Tile
- County Palm Beach
- Property Type Residential
- Parking Driveway, Open, On Street
- Elementary School Lake Park
- Middle School Howell L. Watkins
- High School Palm Beach Gardens
- Architectural Style Ranch
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