505 Foresteria Drive
Lake Park, FL 33403
3
Bed
4
Bath
1,732Sqft
0.14Acre(Lot)
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.
Property Details
Map
Map
Features
-
Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Rooms Total: 3Roofing Information
Composition, Shingle, TarGravelFlooring Information
Clay, Tile -
Interior Features
ShowerOnlyRoof: Composition, Shingle, TarGravelAppliances: ElectricRange, ElectricWaterHeater, Microwave, RefrigeratorLaundry Features: WasherHookup, InGarage -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits
-
Building Information
Year Built: 1945Building Area Total: 2325Construction Materials: AluminumSiding, Block, StuccoStories: 1Pool Features: NonePrivate Pool: No -
Exterior Features
Exterior Features: Barbecue, Fence
-
Lot Information
Lot Size Acres: 0.14 Lot Description: LessThanOneAcre,SprinklersAutomatic,LessThanQuarterAcreProperty Information
Subdivision: KELSEY CITY Source Property Type: Residential MLS Area Minor: Palm Beach 5270; 5280; 5290 Postal Code Plus 4: 3369 Zoning Description: R1 (city) Property SubType: Single Family Residence Direction Faces: South Levels: One Property Age: 81
-
Listing Price Information
Listing Price: $750000Cash, Exchange1031
-
Tax Information
Parcel Number: 36434220010180440 Tax Year: 2025 Annual Tax: $11412 Tax Legal Desc: KELSEY CITY LTS 44~ 45 & W 1/2 OF LT 46 BLK 18
-
Virtual Tour
Parking Information
Parking Total: 4 Driveway, Open, OnStreet, TwoOrMoreSpacesGarage Information
Pets Allowed: No
-
School Information
Elementary School: Junior High School: Howell L. Watkins Senior High School: Palm Beach Gardens -
Utility Information
ElectricityAvailable, SewerAvailable, WaterAvailable -
Location Information
WaterSource: Public Security Features: SmokeDetectors
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 531 Date Palm Drive, Lake Park, FL, 33403 | $400,000 | 2 | 1 | 1,110 | -- |
| 255 Foresteria Drive, Lake Park, FL, 33403 | $495,000 | 3 | 2 | 1,557 | -- |
| 528 Date Palm Drive, Lake Park, FL, 33403 | $890,000 | 5 | 3 | 3,100 | 12,588 Sqft |
| 711 Laurel Drive, Lake Park, FL, 33403 | $639,000 | 3 | 2 | 1,366 | 10,319 Sqft |
| 307 4th Street, Lake Park, FL, 33403 | $480,000 | 3 | 2 | 2,200 | -- |
| 141 Date Palm Drive, Lake Park, FL, 33403 | $589,999 | 4 | 2 | 1,588 | 9,344 Sqft |
| 1133 7th Street, Lake Park, FL, 33403 | $600,000 | 3 | 2 | 1,431 | -- |
| 819 6th Street, Lake Park, FL, 33403 | $710,000 | 3 | 2 | 1,998 | 10,165 Sqft |
| 640 W Ilex Drive, Lake Park, FL, 33403 | $545,000 | 4 | 3 | 1,608 | 9,226 Sqft |
| 220 Lake Shore Drive #2.., Lake Park, FL, 33403 | $2,240,000 | 2 | 3 | 1,780 | -- |
Similar Homes To 505 Foresteria Drive
Nearby For Sale
The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 09/01/2026 @ 20:55
More Cities with for Sale by Owner Homes
- Lake Park Homes For Sale By Owner
- North Palm Beach Homes For Sale By Owner
- Riviera Beach Homes For Sale By Owner
- Singer Island Homes For Sale By Owner
- Palm Beach Shores Homes For Sale By Owner
- Mangonia Park Homes For Sale By Owner
- West Palm Beach Homes For Sale By Owner
- Palm Beach Gardens Homes For Sale By Owner
- Juno Beach Homes For Sale By Owner
- Haverhill Homes For Sale By Owner
- Jupiter Homes For Sale By Owner
- Lake Clarke Shores Homes For Sale By Owner
- Palm Springs Homes For Sale By Owner
- Tequesta Homes For Sale By Owner
- Royal Palm Beach Homes For Sale By Owner
- The Acreage Homes For Sale By Owner
- Greenacres Homes For Sale By Owner
- Loxahatchee Homes For Sale By Owner
- Wellington Homes For Sale By Owner
- Atlantis Homes For Sale By Owner
Homes around $750,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.
Verify Your Phone Number
Please enter the 6-digit verification code
sent to your mobile phone.