505 Foresteria Drive, Lake Park FL 33403

House For Sale

$750,000

BTC: 9.53591863

ETH: 296.38411381

71 days

For Sale

House

3 bds •

4 ba •

1,732 sqft

Overview

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.

Location

Florida • Lake Park • 33403 • House • For Sale

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

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

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.

Valuation

Our model vs. what's actually selling nearby.

Estimate

$735,000

$484K – $2.0M

Confidence Low

List vs. estimate

$15K above estimate

List $750,000 · +2.0%

Our model says this listing is priced above recent comparable activity. Room to negotiate.

Price per sq ft

$433

+24.4% vs. city median $348

Based on

11 MLS comparables

+ 23 public-records sales within 0.5 mi

Median actual sale: $406K

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

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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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

505 Foresteria Drive, Lake Park FL 33403

Overview

Location

Details

Valuation

Highlights

Interior details

Property details

Construction details

Utilities / Green Energy Details

HOA and Financial Details

Other

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