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Est. payment - /mo

1,732 SqFt

Active

505 Foresteria DR Lake Park, FL 33403

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Sarah Leahy

Sweet Life Palm Beach at Keller Williams Realty - Jupiter

sarah@sweetlifepalmbeach.com +1(561) 513-1561

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,732 sqft

Subdivision Kelsey City

MLS Listing ID B26013374

Construction Status Resale

HOA Y/N No

Year Built 1945

Annual Tax Amount $11,413

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Quadruplex

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 $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, pickleball, 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, & outstanding investment. 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.

Location

State FL

County Palm Beach

Area 5270

Interior

Heating Wall Furnace

Cooling Ceiling Fan(s), Wall/Window Unit(s)

Flooring Clay, Tile

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Inside, In Garage

Exterior

Exterior Feature None

Fence Fenced

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Waterfront Description None

View Y/N Yes

Water Access Desc Public

View Other

Roof Type Composition,Flat,Shingle

Street Surface Paved

Accessibility None

Road Frontage City Street

Total Parking Spaces 4

Private Pool No

Building

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

Dwelling Type Multi Family,Quadruplex,Triplex

Story 1

Foundation Concrete Perimeter, Raised, Slab

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Resale

Schools

Elementary Schools Lake Park

Middle Schools Howell L. Watkins

High Schools Palm Beach Gardens

Others

Pets Allowed Yes

Senior Community No

Restrictions No Restrictions,OK To Lease

Tax ID 36434220010180440

Acceptable Financing Cash, 1031 Exchange, Other

Listing Terms Cash, 1031 Exchange, Other

Special Listing Condition Standard

Pets Allowed No Pet Restrictions, Yes

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

Listed by Micah L Volmer One Sotheby's International Realty

NEARBY SCHOOL & BUSINESS

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Sarah Leahy

Team Lead | Buyer License ID: SL3316121

+1(561) 513-1561

505 Foresteria DR Lake Park, FL 33403

Sarah Leahy

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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505 Foresteria DR

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