Property Details
| Asking Price | $750,000 |
|---|---|
| Price per SqFt | $433 |
| Maintenance fee | Inquire |
| Property Taxes | $11,413 2025 |
| Interior Space | 1,732 SqFt |
| Beds/Baths | 3/4 |
| Year Built | 1945 |
| Pool | No |
| Lot Size | 0.14 acres |
| MLS # | B26048563 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
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.
Listed by One Sotheby's International Realty
Sales History for This Home · 505 Foresteria Drive, Lake Park, FL 33403
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| R9957878 | $90,000 | 10/4/13 |
Listed by One Sotheby's International Realty. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Lake Park and throughout South Florida.
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Location
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.