ActiveSingle Family Residence
505 Foresteria Drive, Lake Park FL 33403
Lake Park, FL 33403 · MLS #B26048563The residence
About this property
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.
At a glance
Property details
- Property type
- Single Family Residence
- Listing type
- For sale
- Status
- Active
- Bedrooms
- 3
- Bathrooms
- 4
- Living area
- 1,732 sq. ft.
- Year built
- 1945
- Lot size
- 0 sq. ft.
- Subdivision
- KELSEY CITY
- County
- Palm Beach County
- Days on market
- 89
- Original list price
- $750,000
- Listing date
- July 1, 2026
- Annual property tax
- $11,412 (2025)
- Listing agent
- Micah L Volmer
- Listing office
- One Sotheby's International Realty
- MLS number
- B26048563
Neighborhood & location
Explore KELSEY CITY
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- School District of Palm Beach County
Plan your purchase
Mortgage calculator
- Principal & interest
- $3,792
- Property taxes
- $951
- Homeowners insurance
- $375
- Estimated total
- $5,118
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
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Listing courtesy of One Sotheby's International Realty, 561-997-7227.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.