505 Foresteria Drive, Lake Park, FL 33403
- Beds
- 3
- Baths
- 4
- Sqft
- 1,732
- Home type
- Single Family Residence
- Year built
- 1945
- Lot size
- 6,098 sqft
- Price / sqft
- $433
- HOA
- $0/mo
- Community
- KELSEY CITY
Property description
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.
Listing activity
- Days on market
- 80
- Listed
- Jul 1, 2026
- MLS listing updated
- Sep 22, 2026
- Feed last checked
- 13 minutes ago
Listed by Micah L Volmer · One Sotheby's International Realty
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms
- 3
- Bathrooms
- 4
- Bathrooms (decimal)
- 4
- Full bathrooms
- 4
- Half bathrooms
- 0
- Main-level bedrooms
- 3
- Main-level bathrooms
- 4
Rooms & features
- Rooms
- 3
- Interior features
- None
- Flooring
- Clay, Tile
- Appliances
- Electric Water Heater, Range, Electric Range, Microwave, Refrigerator, Water Heater
- Laundry
- Electric Dryer Hookup, In Garage, Inside, Washer Hookup
- Fireplace
- Yes
- Fireplace features
- Wood Burning
- Other equipment
- Satellite Dish
Heating & cooling
- Heating
- Window/Wall
- Cooling
- Wall/Window Unit(s)
Property
Parking
- Garage
- No
- Carport
- No
- Parking spaces
- 4
- Covered spaces
- 0
- Parking features
- Driveway, On Street, Open
- Attached garage
- No
Exterior
- Stories
- 1
- Building area
- 2,325 sqft
- Exterior features
- Barbecue
- Fencing
- Back Yard, Fenced
- Other structures
- Other
- Pool
- No
- Waterfront property
- No
Lot
- Lot size
- 6,098 sqft
- Lot size (acres)
- 0.14 acres
- Zoning
- R1 (city)
- Road frontage
- City Street
Construction
Type & style
- Home type
- Single Family Residence
- Structure type
- House
- Architectural style
- Ranch
- Year built
- 1945
- New construction
- No
Materials
- Construction
- Aluminum Siding, CBS, Stucco, Vinyl Siding
- Roof
- Shingle, Tar/Gravel
- Foundation
- Concrete Perimeter, Raised, Slab
- Property condition
- Resale
- Levels
- One
- Faces
- South
Utilities & green energy
Utilities
- Electric
- 150 Amp Service
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision
- KELSEY CITY
- MLS area
- 5270
- MLS subarea
- PB26
- Security
- Smoke Detector(s)
- Pets allowed
- No Restrictions, Yes
- 55+ community
- No
Association
- Has association
- No
- Estimated monthly dues
- $0
Lease details
Not reported by the listing source.
Location
Area details
- City
- Lake Park
- County
- Palm Beach
- ZIP code
- 33403
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- B26048563
- Possession
- Close Of Escrow, Negotiable
- Original list price
- $750,000
- Parcel number
- 36434220010180440
- Annual property tax
- $11,412.7
- Tax year
- 2025
- Tax legal description
- KELSEY CITY LTS 44~ 45 & W 1/2 OF LT 46 BLK 18
- Special listing conditions
- Standard
Additional MLS details
Reported by the listing source
- Association
- No
- Bathrooms Total Decimal
- 4
- Bathrooms Total Integer
- 4
- Building Area Total
- 2325
- Construction Materials
- Aluminum Siding, CBS, Stucco, Vinyl Siding
- County Or Parish
- Palm Beach
- Days On Market
- 80
- Direction Faces
- South
- Elementary School
- Lake Park
- Foundation Details
- Concrete Perimeter, Raised, Slab
- High School
- Palm Beach Gardens
- Laundry Features
- Electric Dryer Hookup, In Garage, Inside, Washer Hookup
- List Price
- 750000
- Listing Contract Date
- 2026-07-01
- Living Area
- 1732
- Lot Size Acres
- 0.14
- Lot Size Area
- 6098.4
- MLSArea Major
- 5270
- MLSArea Minor
- PB26
- Main Level Bathrooms
- 4
- Main Level Bedrooms
- 3
- Middle Or Junior School
- Howell L. Watkins
- Mls Status
- Active
- On Market Date
- 2026-07-31
- Parking Total
- 4
- Photos Count
- 26
- Postal Code
- 33403
- Property Sub Type
- Single Family Residence
- Property Type
- Residential
- Road Frontage Type
- City Street
- Rooms Total
- 3
- Security Features
- Smoke Detector(s)
- Senior Community
- No
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2026-07-31T13:43:11Z
- Stories Total
- 1
- Subdivision Name
- KELSEY CITY
- Water Source
- Public
- Tax Annual Amount
- 11412.7
- Bathrooms Full
- 4
- Pool Private
- No
- Bedrooms Total
- 3
- Waterfront
- No
- Bathrooms Half
- 0
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Jul 1, 2026 | ListedBeachesMLS | $750,000$433/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $11,413 | — |
Payment calculator
- Principal & interest
- $3,892
- Property taxes
- $951
- Insurance
- $375
- Association dues
- $0
Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.
Neighborhood
Area
KELSEY CITYLake Park · Palm Beach County · 33403
Climate risk
—No licensed climate-risk source is connected.
Nearby schools
Nearby homes
12 homes
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Property photos coming from MLS
MIAMI REALTORS® MLS
