505 Foresteria Drive, Lake Park, FL 33403
- $750,000
- 1,732
- SqFt
- List Price
- $750,000
- Days on Market
- 110
- MLS#
- B26013374
- Year Built
- 1945
- Living Area
- 1,732
- Acres
- 0.14
- MLS Area Major
- 5270
Property 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 with $97,500 in annual revenue. 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. Rental Income can be used to help qualify for mortgage. Walk to intracoastal, marina, brewery, theater, pickleball, and more. The property sits in a thriving rental market with excellent long-term growth 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.
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Additional Information
- Taxes
- $11,413
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Heating
- Wall Furnace
- Air Conditioning
- Ceiling Fan(s), Wall/Window Unit(s)
- Exterior Construction
- Aluminum Siding, Block, Stucco
- Roof
- Composition, Shingle
- Foundation
- Concrete Perimeter, Raised, Slab
- Elementary School
- Lake Park
- Middle School
- Howell L. Watkins
- High School
- Palm Beach Gardens
Listing courtesy of One Sotheby's International Realty. Contact: