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Homes for sale in Lake Park
Quadruplex

906 Foresteria Drive

Lake Park, FL 33403
$899,000
Sq ft
3,384
Year built
1973
Price per sq ft
$266

Listing courtesy of Imran Gunes, Capital Investments R.E. Corp.

About this home

Excellent investment opportunity featuring 4 units, each offering 2 bedrooms and 1 bathroom. All four units are currently rented below market value, providing potential for increased future rental income. Three of the four units have been renovated, while the remaining unit offers additional value-add potential. Current gross rental income is $6,550 per month / $78,600 annually. Tenants pay their own electric; owner pays water, common-area electric and landscaping. Common laundry area with washer and dryer, with potential to convert to coin-operated laundry for additional income. Zoned PADD - Park Avenue Downtown District with multiple permitted uses. Tenant occupied. Please do not disturb tenants. Buyer to verify all information and zoning.

Details

Property

Type
Quadruplex
Year built
1973
Stories
2
Lot size
10,080 sq ft
Subdivision
KELSEY CITY
County
Palm Beach County

Interior

Flooring
Tile
Cooling
Central Individual A/C

Exterior and parking

Construction
CBS Construction
Roof
Flat Tile, Flat Roof With Facade Front

Community and fees

Pets
Yes
Annual taxes
$13,344
Terms
All Cash

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 2, 2026.