505 Foresteria Drive, Lake Park, FL 33403
- $750,000
- 3
- BD
- 4
- BA
- 1,732
- SqFt
- List Price
- $750,000
- Days on Market
- 27
- MLS#
- B26048563
- Year Built
- 1945
- Bedrooms
- 3
- Bathrooms
- 4
- 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. 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 and bring in $97,500/yr in revenue. Ideally located just minutes from the Intracoastal Waterway. Singer Island beaches, Publix, US-1, I-95 and Palm Beach International Airport, the property sits in a thriving rental market with excellent long-term growth potential.
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Additional Information
- Taxes
- $11,412
- Property Description
- Ranch
- Interior Features
- None, Separate Shower
- Appliances
- Electric Range, Electric Water Heater, Microwave, Range, Refrigerator, Water Heater
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Heating
- Wall Furnace
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Aluminum Siding, Block, Stucco, Vinyl Siding
- Roof
- Shingle, Tar/Gravel
- 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: