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906 Foresteria Drive, Lake Park FL 33403

Multi-family For Sale
$899,000

BTC: 10.62396597

ETH: 339.24528302

-$151K (2026/10/02)
46 days
0 room(s)
3,384 sqft

Overview

Excellent investment opportunity featuring 4 units, each offering 2 bedrooms and 1 bathroom. All four units are currently rented below market value, providing potential for increased future rental income. Three of the four units have been renovated, while the remaining unit offers additional value-add potential. Current gross rental income is $6,550 per month / $78,600 annually. Tenants pay their own electric; owner pays water, common-area electric and landscaping. Common laundry area with washer and dryer, with potential to convert to coin-operated laundry for additional income. Zoned PADD - Park Avenue Downtown District with multiple permitted uses. Tenant occupied. Please do not disturb tenants. Buyer to verify all information and zoning.

Location

Florida • Lake Park • 33403 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1973
Lot:
0.23 Acres
Heating:
None
Price/sqft:
$266
Cooling:
Central Individual A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$899,000
$772K – $1.3M
Confidence Low
List vs. estimate
At estimate
List $899,000 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$265
-43.7% vs. city median $472
Based on
5 MLS comparables
+ 16 public-records sales within 0.5 mi
Median actual sale: $430K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,344
2025
Pets
Allowed
All facts and features

  • Flooring

    • Tile

    Heating

    • None

    Cooling

    • Central Individual A/C

  • Property

    • Exterior Features: Other

    Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 36434220010010010

    • Zoning: R2 (city)

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Electricity Connected

    • Water Connected

    • Electricity Available

    • Water Available

  • Other financial information

    • Annual tax amount: $13,344

  • Source details

    • MLS ID: B26066747

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre

    • Living Area: 3384

    • Water Source: Public

    • Subdivision Name: KELSEY CITY

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33403
101
median $1.1M
Active
Same city
Lake Park
84
median $1.3M
Active
Same type
Multi-family
4
median $824K
Active
Similar price
$629K – $1.2M
14
median $874K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Capital Investments R.E. Corp.