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Homes for sale in Lake Park
Quadruplex

505 Foresteria Drive

Lake Park, FL 33403
$750,000
Sq ft
1,732
Year built
1945
Price per sq ft
$433

Listing courtesy of Micah L Volmer, One Sotheby's International Realty

About this home

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 $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, pickleball, 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, & outstanding investment. 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.

Details

Property

Type
Quadruplex
Style
One Story
Year built
1945
Stories
1
Lot size
6,256 sq ft
Subdivision
KELSEY CITY
County
Palm Beach County
View
Other Water View

Interior

Flooring
Clay, Tile
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Heating
Window/Wall
Laundry
In Garage, Washer Hookup
Features
Utility/Laundry In Garage

Exterior and parking

Exterior
West Of Us1
Construction
Aluminum Siding, Concrete Block Construction, CBS Construction, Slab Construction, Stucco
Roof
Comp Shingle Roof, Composition Roll, Flat Tile, Flat Roof With Facade Front, Shingle

Community and fees

Pets
Yes
Annual taxes
$11,413
Terms
All Cash, Exchange

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated October 1, 2026.