LKV Realty
Logo
$750,000
$3,900Reward *
505 Foresteria Drive, Lake Park, FL 33403Listing ID B26048563

505 Foresteria Drive, Lake Park, FL 33403

Active
KELSEY CITY
Time on site: 43 daysLast updated: Aug 4, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
4
Square Feet
Square Feet
2,325
Acres
Acres
0.14
Days on Site
Days on Site
40
Cooling
Cooling
Wall/Window Unit(s)
Heating
Heating
Wall Furnace
Year Built
Year Built
1945
Stories
Stories
1
Parking
Parking
Driveway, Open, On Street

Rare four-unit investment opportunity in the rapidly growing Lake Park market. This unique property features a main residence plus a triplex with three efficiency units, generating $86,400 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.

Property Information

Property Details

Location

Address
505 Foresteria Drive
County
Palm Beach
City
Lake Park
Zip Code
33403
Subdivision
KELSEY CITY
High School
Palm Beach Gardens
Elementary School
Lake Park
MLS Area
5270

Interior Features

Beds and Baths

Bedrooms
3
Main Level Bedrooms
3
Full Bathrooms
4

Building

Building Information

Square Feet
2,325
Year Built
1945
Stories
1
Construction
Aluminum Siding, Block, Stucco, Vinyl Siding
Foundation
Concrete Perimeter, Raised, Slab
Roof
Shingle, Tar/Gravel
Condition
Resale

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$11,413
Tax Year
2025
One Sotheby's International Realty, (561) 997-7227

Market Report for 33403

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: BeachesMLS
BeachesMLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.

For corrections to this data please contact Brytecore MLS Support.

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