505 Foresteria Drive, Lake Park, FL 33403

$750,000

Virtual Tour

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

Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,325 Status: Active

Current Price: $750,000 List Date: 7/07/2026 Last Modified: 7/17/2026

Overview

Description

Discover a rare four-unit investment opportunity in the high-growth Lake Park area. This unique property features a three-bedroom main residence plus a triplex with three fully occupied efficiency units, offering immediate rental income from day one. Whether you're an investor seeking strong cash flow or a homeowner looking to offset your mortgage, this property offers exceptional flexibility. Live in the main home while the rental income helps cover your monthly expenses, or maximize its full investment potential and bring in $97,500/yr in revenue. Ideally located just minutes from the Intracoastal Waterway. Singer Island beaches, Publix, US-1, I-95 and Palm Beach International Airport, the property sits in a thriving rental market with excellent long-term growth potential.

Listing Details MLS# B26048563

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 3
Bathrooms Total: 4
Bathrooms Full: 4
Building Area Main: 2325
Building Area Source: Owner
Living Area Main: 1732
Living Area Source: Public Records
Adjusted Area Main: 1926
Accessibility Features YN: No
Year Built: 1945
Parking Total: 4
Gated Community YN: No
Lot Size Area: 6098.4
Lot Size Acres: 0.14
Senior Community YN: No
Guest House YN: No
Stories Total: Yes
Stories: Yes
Direction Faces: South
Fireplace YN: Yes
Pool Private YN: No

Property Features

Exterior Features: Barbecue Fireplace Features: Wood Burning Flooring: Clay; Tile Foundation Details: Concrete Perimeter; Raised; Slab Leasing Permitted Details: Okay To Lease Parking Features: Driveway; On Street; Open Property Condition: Resale Special Listing Conditions: Standard Appliances: Electric Range; Microwave; Refrigerator; Water Heater; Range Water Heater Details: Electric Water Heater Architectural Style: Ranch Construction Materials: Aluminum Siding; CBS; Stucco; Vinyl Siding Cooling: Wall/Window Unit(s) Fencing: Back Yard; Fenced Heating: Window/Wall Interior Features: None Laundry Features: Electric Dryer Hookup; In Garage; Inside; Washer Hookup Levels: One Listing Terms: 1031 Exchange; Cash; Conventional Other Equipment: Satellite Dish Other Structures: Other Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Road Frontage Type: City Street Roof: Shingle; Tar/Gravel Security Features: Smoke Detector(s) Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Structure Type: House Tax Information: Tax Reflects No Exemptions Utilities: Electricity Connected; Sewer Connected; Water Connected Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Occupied; Showing Service Room Types: Kitchen; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 750000
Occupant Type: Call Listing Agent
Listing Service: Full Service

Location and Legal

Country: United States
County Or Parish: Palm Beach
Street Number: 505
Street Name: Foresteria
Street Suffix: Drive
Municipality Type: Incorporated
Municipal Code: 36
State Or Province: FL
Postal Code: 33403
Postal Code +4: 3369
Subdivision Name: KELSEY CITY
Area: 5270
Geographic Area: PB26
Elementary School: Lake Park
Middle Or Junior School: Howell L. Watkins
High School: Palm Beach Gardens
Special Assessment YN: No
Parcel Number: 36434220010180440
Subdivision Number: Yes
Zoning: R1 (city)
Flood Zone: X

Financial Information

Master Association YN: No
Membership Fee Required YN: No
Tax Annual Amount: 11412.7
Tax Year: 2025
Tax Legal Description: KELSEY CITY LTS 44~ 45 & W 1/2 OF LT 46 BLK 18
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-07-07T18:40:01Z
Major Change Type: New Listing
Status Change Date: 2026-07-03

More Information

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes

Parking Information

Open Parking Spaces: 4

Main Level Rooms

Main Level Bathrooms: 4
Main Level Bedrooms: 3

Pet Details

Pet Fee YN: No

Leasing Restrictions

Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: Yes

Price Calculations

Current Price To SqFt: 433.02

Originating Details

Originating System Key: 20260703212427668728000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Exterior Features

Barbecue: Yes

Fireplace Features

Wood Burning: Yes

Flooring

Clay: Yes
Tile: Yes

Foundation Details

Concrete Perimeter: Yes
Raised: Yes
Slab: Yes

Parking Features

Driveway: Yes
On Street: Yes
Open: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Fencing

Back Yard: Yes
Fenced: Yes

Structure Type

House: Yes

Other Structures

Other: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Heating

Window/Wall: Yes

Sprinkler Description

Auto Sprinkler: Yes

Appliances

Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Water Heater: Yes
Range: Yes

Construction Materials

Aluminum Siding: Yes
CBS: Yes
Stucco: Yes
Vinyl Siding: Yes

Interior Features

None: Yes

Laundry Features

Electric Dryer Hookup: Yes
In Garage: Yes
Inside: Yes
Washer Hookup: Yes

Levels

One: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Other Equipment

Satellite Dish: Yes

Road Frontage Type

City Street: Yes

Roof

Shingle: Yes
Tar/Gravel: Yes

Security Features

Smoke Detector(s): Yes

Water Source

Public: Yes

Water Heater Details

Electric Water Heater: Yes

Architectural Style

Ranch: Yes

Cooling

Wall/Window Unit(s): Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes
Listing Agent Must Accompany: Yes
Occupied: Yes
Showing Service: Yes

Master Bedroom/Bath

Separate Shower: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

No Restrictions: Yes

Restrictions

No Restrictions: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Room Types

Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

Room Information

Room Name
Kitchen
Living Room
Master Bedroom

Listing Office: One Sotheby's International Realty

Last Updated: July - 17 - 2026

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505 Foresteria Drive, Lake Park, FL 33403 (MLS# B26048563)