Address
505 Foresteria Drive, Lake Park, FL
Price
$ 750,000
Property Attributes
- MLS#B26048563
- TypeSingle Family
- Listing Status Active
- CountyPalm Beach
- CityLake Park
- Area5270
- NeighborhoodKELSEY CITY
- Zip33403
- Style
- Year Built1945
- Taxes$ 11412
- Price$ 750,000
- Bedrooms3
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage1732
- Lot Size0.14 Acres
Data Source:
Beaches MLS (FL)
Property 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Lake Park Elementary School | Howell L. Watkins Middle School | Palm Beach Gardens High School |
| Price History | |
|---|---|
| 7/7/2026 | Listed $750,000 |
General Features
| Membership Required | false |
|---|---|
| Sewer | Public Sewer |
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Utilities | Electricity Connected,Sewer Connected,Water Connected |
| Possession | Close Of Escrow,Negotiable |
| Roof | Shingle,Tar/Gravel |
| Appliances | Electric Range,Electric Water Heater,Microwave,Range,Refrigerator,Water Heater |
| Architectural Style | Ranch |
| Security Features | Smoke Detector(s) |
| Construction Materials | Aluminum Siding,Block,Stucco,Vinyl Siding |
| Pets Allowed | No Pet Restrictions,Yes |
| Year Built | 1945 |
| Electric | 150 Amp Service |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Accessibility | None |
| County | Palm Beach |
| New Construction | false |
| Property Type | Residential |
| Subdivision Name | KELSEY CITY |
| Facing Direction | South |
| Garage Y/N | false |
| Other Structures | Other |
| Full Baths | 4 |
| Status | Active |
| High School | Palm Beach Gardens |
| City | Lake Park |
| Senior Community Y/N | false |
| MLS Area | 5270 |
| Carport Y/N | false |
| Elementary School | Lake Park |
| Tax Annual Amount | 11412.7 |
| Middle/Junior High School | Howell L. Watkins |
| Property Condition | Resale |
| MLS Area Minor | PB26 |
| Virtual Tour | https://www.propertypanorama.com/505-Foresteria-Drive-Lake-Park-FL-33403--B26048563/unbranded |
| Standard Status | Active |
| Occupancy Type | Call Agent |
| Property Sub Type Additional | Single Family Residence |
| PostalCity | Lake Park |
| Legal Description | KELSEY CITY LTS 44~ 45 & W 1/2 OF LT 46 BLK 18 |
Interior Features
| Interior Amenities | None,Separate Shower |
|---|---|
| Flooring | Clay,Tile |
| Fireplace Features | Wood Burning |
| Total Stories | 1 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | true |
| Laundry Features | Washer Hookup,Electric Dryer Hookup,Inside,In Garage |
| Total Bedrooms | 3 |
| Main Level Bedrooms | 3 |
| Main Level Bathrooms | 4 |
| Total Baths | 4 |
Exterior Features
| Private Pool | false |
|---|---|
| Exterior Amenities | Barbecue |
| Fencing | Back Yard,Fenced |
| Parking Features | Driveway,Open,On Street |
| Lot Features | Sprinklers Automatic,< 1/4 Acre |
| Water Source | Public |
| Total Parking | 4 |
| Lot Size Area | 6098.4 |
| Foundation Details | Concrete Perimeter,Raised,Slab |
| Building Area Total | 2325 |
| Lot Size Acres | 0.14 |
| Waterfront Y/N | false |
| Road Frontage Type | City Street |
| Other Equipment | Satellite Dish |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33403
Price
Taxes
Year Built
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
