505 Foresteria DR, Lake Park, FL 33403
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505 Foresteria DR, Lake Park, FL 33403
505 Foresteria DR, Lake Park, FL 33403
505 Foresteria DR, Lake Park, FL 33403
505 Foresteria DR, Lake Park, FL 33403
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$ 750,000
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Active

505 Foresteria DR Lake Park, FL 33403

3 Beds

4 Baths

1,732 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,732 sqft

Price per Sqft $433

Subdivision Kelsey City

MLS Listing ID B26048563

Style Ranch

Bedrooms 3

Full Baths 4

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 1732

Year Built 1945

Annual Tax Amount $11,412

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Single Family Residence

Property Description

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

State FL

County Palm Beach

Area 5270

Zoning R1 (city)

Direction South

Rooms

Other Rooms Other

Main Level Bedrooms 3

Interior

Interior Features None, Separate Shower

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Clay, Tile

Fireplaces Type Wood Burning

Equipment Satellite Dish

Fireplace Yes

Appliance Electric Range, Electric Water Heater, Microwave, Range, Refrigerator, Water Heater

Laundry Washer Hookup, Electric Dryer Hookup, Inside, In Garage

Exterior

Exterior Feature Barbecue

Parking Features Driveway, Open, On Street

Fence Back Yard, Fenced

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Water Access Desc Public

Roof Type Shingle,Tar/Gravel

Accessibility None

Road Frontage City Street

Total Parking Spaces 4

Garage No

Private Pool No

Building

Lot Description Sprinklers Automatic, < 1/4 Acre

Dwelling Type House

Faces South

Story 1

Entry Level One

Foundation Concrete Perimeter, Raised, Slab

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories One

Additional Building Other

Structure Type Aluminum Siding,Block,Stucco,Vinyl Siding

New Construction No

Construction Status Resale

Schools

Elementary Schools Lake Park

Middle Schools Howell L. Watkins

High Schools Palm Beach Gardens

Others

Pets Allowed Yes

Senior Community No

Restrictions No Restrictions

Tax ID 36434220010180440

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange

Membership Fee Required false

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Pets Allowed No Pet Restrictions, Yes

Virtual Tour https://www.propertypanorama.com/505-Foresteria-Drive-Lake-Park-FL-33403--B26048563/unbranded


BeachesMLS, Inc. (FLR) IDX
Listed by Micah L Volmer One Sotheby's International Realty
Jared Nelson

Jared Nelson

Agent | License ID: 3466588

+1(561) 414-1577

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505 Foresteria DR