$750,000

505 Foresteria Drive, Lake Park, FL 33403

3 beds |
4 baths |
1,732 sqft

Single-Family Home
Built in 1945
6,098sqft lot
—— car garage
$433/sqft
Listed 1 month ago

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.

Listing Status:: Active
Date Added:: July 1, 2026
Data Last Updated:: August 2, 2026 at 4:08PM
Listing Office:: One Sotheby's International Realty : 561-997-7227
Listing Agent:: Micah L Volmer : 561-323-1647
MLS ID:: B26048563

General: No Interior FeaturesUtility/Laundry In Garage
Appliances: Electric Water HeaterMicrowaveElectric RangeRefrigerator
Laundry: In GarageWasher Hookup
Flooring: ClayTile
A/C: Wall/Window Unit(s)
Heating: Window/Wall

General: BarbequeLivableOther Bldg Incl
Style: RanchOne Story
Parking: 2 Or More SpacesDrivewayOpenOn StreetParking spaces: 4

Roofing: Comp Shingle RoofTar/GravelShingleTar & Gravel Roof
General: Aluminum SidingCBS ConstructionSlab ConstructionStucco1

Road/Access: City StreetCity
Originating MLS: Miami Association of REALTORS®
County: Palm Beach County

Zoning: R1 (city)KELSEY CITY LTS 44~ 45 & W 1/2 OF LT 46 BLK 1836434220010180440
Fencing: Fenced

Utilities: Electricity AvailableSewer AvailableWater Available
Water: Public
Sewer: Public SewerPublic SanitationSewer

Source: Miami Association of REALTORS®

This listing courtesy of Micah L Volmer , One Sotheby's International Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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