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505 Foresteria Drive, Lake Park FL 33403

House For Sale
$750,000

BTC: 11.96172249

ETH: 470.31084411

4 days
3 bds
4 ba
1,732 sqft

Overview

3 bedroom home with 3 efficiency triplex totaling 4 units in a high-growth Lake Park location. Immediate cash flow from day one with all efficiency units occupied, plus strong upside through future redevelopment or added density. Prime location just minutes to the Intracoastal, 8-10 minutes to Singer Island beaches, ~3 minutes to Publix, with quick access to US-1, I-95, and ~20 minutes to PBI Airport. High-demand rental corridor supports consistent occupancy and long-term appreciation. Live in the house and pay the mortgage with the income from the triplex. Opportunities like this are limited.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Driveway / Open / On Street
Year Built:
1945
Lot:
0.14 Acres
Heating:
Window/Wall
Price/sqft:
$433
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$742,500
$494K – $2.7M
Confidence Low
List vs. estimate
At estimate
List $750,000 · +1.0%
List is in line with recent comparable activity.
Price per sq ft
$433
+2.1% vs. city median $424
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $403K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$11,412
2025
Parking
4 spaces
Pets
Allowed
All facts and features
  • Flooring

    • Clay

    • Tile

    Heating

    • Window/Wall

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Electric Water Heater

    • Microwave

    • Electric Range

    • Refrigerator

    Other interior features

    • No Interior Features

    • Utility/Laundry In Garage

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 4

  • Parking

    • 2 Or More Spaces

    • Driveway

    • Open

    • On Street

    Property

    • Levels: 1

    • Exterior Features: Barbeque

    Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 36434220010180440

    • Zoning: R1 (city)

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $11,412

  • Source details

    • MLS ID: B26048563

    Other facts

    • Construction Materials: Aluminum Siding / CBS Construction / Slab Construction / Stucco

    • Laundry Features: In Garage / Washer Hookup

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

    • Direction Faces: South

    • Other Structures: Livable / Other Bldg Incl

    • Architectural Style: Ranch / One Story

    • Living Area: 1732

    • Water Source: Public

    • Subdivision Name: KELSEY CITY

Private inquiry
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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: One Sotheby's International Realty