The Story

505 Foresteria Drive

Lake Park, FL 33403 · 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. …


Facts & Features

Property Info

Price
$750,000
Completion Year
1,945
Living Space
1,732 sq ft
Floors
1
Bedrooms
3
Bathrooms
4

Features & Amenities

Fireplace

Yes

Cooling

Wall Window Units

Heating

Wall Furnace

Appliances

Electric Range, Electric Water Heater, Microwave, Range, Refrigerator, Water Heater

Flooring

Clay, Tile

Roof

Shingle, Tar Gravel

Lot Information

Sprinklers Automatic, Less Than Quarter Acre

Exterior

Barbecue

Water Source

Public

Sewer

Public Sewer

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Listing Broker

One Sotheby's International Realty

Broker Name

One Sotheby's International Realty

Agent

Micah L Volmer

Location

Boca Raton FL 33432