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505 Foresteria Drive Lake Park, FL $ 750,000
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$ 750,000 Get more info
505 Foresteria Drive
$ 750,000
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505 Foresteria Drive

Lake Park, FL, 33403
$ 750,000
Baths0.0 Sq 1,732

Monthly Estimate*

$ 4,618

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View a Virtual Tour
Studio

Multi-Family Home for sale in Lake Park, FL

for $750,000. This 1,732 square foot home was built in 1945 on a lot size of 0.14.

Fully leased quadplex with multifamily zoning (up to 10 units) in a high-growth Lake Park location. Immediate cash flow from day one with all 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. Stabilized income with built-in upside. Opportunities like this are limited. 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.

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Multi-Family Active

Price

$ 750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 11,413

Style

Lot Size

0.14

Year Built

1945

Town/City

Lake Park

County/Region

Palm Beach

MLS | Web ID

B26013374
Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Ceiling Fan(s) Wall/Window Unit(s)
Utilities Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Composition Shingle
Construction Materials Block Stucco Wood Siding
Pets Allowed No Pet Restrictions Yes
Year Built 1945
Tenant Pays Cable TV Electricity
View Other
Stories Count 1
Levels One
Property Subtype Quadruplex
Tax Year 2025
Gross Income 78900
Waterfront Features None
County Palm Beach
Net Operating Income 64933
New Construction false
Property Type Residential Income
Subdivision Name KELSEY CITY
Status Active
High School Palm Beach Gardens
City Lake Park
Senior Community Y/N false
Number Of Units Total 4
MLS Area 5270
Elementary School Lake Park
Tax Annual Amount 11413
Middle/Junior High School Howell L. Watkins
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/505-Foresteria-Drive-Lake-Park-FL-33403/unbranded
Standard Status Active
Property Sub Type Additional Quadruplex
Legal Description KELSEY CITY LTS 44~ 45 & W 1/2 OF LT 46 BLK 18
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Interior
Flooring Clay Tile
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Washer Hookup Electric Dryer Hookup Inside In Garage
Total Baths 0
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Exterior
Exterior Amenities None
Lot Features Interior Lot < 1/4 Acre
Water Source Public
Total Parking 4
Lot Size Area 6256
Foundation Details Concrete Perimeter Raised Slab
Building Area Total 2325
Lot Size Acres 0.14
Road Surface Type Paved
Waterfront Y/N false
Other Equipment Satellite Dish
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* Excluded Features
List By
Micah L Volmer

Listing Agent

Affordability Calculator

$5,569
Per Month
83%
17%
0%
Monthly Principal & Interest
$4,618
Monthly Property Taxes
$951
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4797948 Elementary School
4796548 Middle School
Palm Beach Gardens High School High School
See complete school information
Pricing History
Date Price Price Change Description
4/9/2026 $750,000 Listed Price

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505 Foresteria Drive, Lake Park, FL, 33403 is a Multi-Family Home for sale at $750,000 with 1,732 sqft and a lot size of 0.14. 505 Foresteria Drive is a studio with 0.0 baths and was built in 1945. The property's zip code is 33403 which is in Lake Park, FL

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