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Homes for sale in Lake Park
Single Family Residence

505 Foresteria Drive

Lake Park, FL 33403
$750,000
Beds
3
Baths
4
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 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.

Details

Property

Type
Single Family Residence
Style
Ranch, One Story
Year built
1945
Stories
1
Subdivision
KELSEY CITY
County
Palm Beach County
Faces
South

Interior

Appliances
Electric Water Heater, Microwave, Electric Range, Refrigerator
Flooring
Clay, Tile
Cooling
Wall/Window Unit(s)
Heating
Window/Wall
Laundry
In Garage, Washer Hookup
Features
No Interior Features, Utility/Laundry In Garage

Exterior and parking

Exterior
Barbeque
Parking
2 Or More Spaces, Driveway, Open, On Street
Construction
Aluminum Siding, CBS Construction, Slab Construction, Stucco
Roof
Comp Shingle Roof, Tar/Gravel, Shingle, Tar & Gravel Roof

Community and fees

Security
Smoke Alarm, Smoke Detector(s), Smoke Detector
Pets
Yes
Annual taxes
$11,412
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.