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505 Foresteria Drive Lake Park, FL 33403

3 Bedroom, 1,732 Sqft, Single Family Residence

AGENT'S REMARKS ABOUT 505 FORESTERIA DRIVE

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 $86, 400 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.

PROPERTY DETAILS

  • Property Type: Single Family Residence
  • Approx Living Area: 1,732 SqFt
  • Total Bedrooms: 3
  • Bathrooms: 4 Full
  • Year Built: 1945
  • Lot Size: 6,098 SqFt
  • Built Description: Ranch
  • Stories: 1
  • Parking Type: Driveway, Open, On Street
  • Interior: None
  • Other Appliances: Electric Water Heater, Electric Range, Microwave, Refrigerator, Water Heater, Range
  • Flooring: Clay, Tile
  • Roof: Shingle, Tar/Gravel
  • Age Restrictions: No
  • Total Floors in Building: 1
  • House Faces/Primary View: South
  • Construction: Aluminum Siding, Stucco, Vinyl Siding, CBS
  • Exterior Description: Barbecue
  • Cooling System: Wall/Window Unit(s)
  • Heating: Window/Wall
  • Utility Information: Electricity Connected, Sewer Connected, Water Connected
  • Pets Allowed: Yes, N
  • County: Palm Beach
  • Area: 5270
  • Subdivision: KELSEY CITY
  • Age Restricted: No
  • Security: Smoke Detector(s)
  • Annual Property Taxes: $11,412
  • Elementary School: Lake Park
  • Junior High School: Howell L. Watkins
  • High School: Palm Beach Gardens

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MAP LOCATION FOR 505 FORESTERIA DRIVE LAKE PARK, FL 33403

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Listing courtesy of One Sotheby's International Realty 08.04.2026

If you are interested in this property at 505 Foresteria Drive or any other properties in Lake Park please contact The Rucco Group at (561) 737-0366.