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 Provided Courtesy of One Sotheby’s International Realty at 561-997-7227
Property Details
Price:
$750,000
MLS #:
B26048563
Status:
Active
Beds:
3
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
KELSEY CITY
Neighborhood:
5270
Listed Date:
Jul 31, 2026
Finished Sq Ft:
1,732
Total Sq Ft:
2,325
Lot Size:
265,646,304 sqft / 0.14 acres (approx)
Year Built:
1945
See this Listing
Schools
Elementary School:
Lake Park
Middle School:
Howell L. Watkins
High School:
Palm Beach Gardens
Interior
Appliances
Electric Water Heater, Range, Electric Range, Microwave, Refrigerator, Water Heater
Bathrooms
4 Full Bathrooms
Cooling
Wall/Window Unit(s)
Flooring
Clay, Tile
Heating
Window/Wall
Interior Features
None
Laundry Features
Electric Dryer Hookup, In Garage, Inside, Washer Hookup
Levels
One
Main Level Bathrooms
4
Main Level Bedrooms
3
Exterior
Architectural Style
Ranch
Construction Materials
Aluminum Siding, CBS, Stucco, Vinyl Siding
Direction Faces
South
Exterior Features
Barbecue
Fencing
Back Yard, Fenced
Open Parking Spaces
4
Other Structures
Other
Parking Features
Driveway, On Street, Open
Parking Spots
4
Parking Total
4
Roof
Shingle, Tar/Gravel
Security Features
Smoke Detector(s)
Stories
1
Financial
Tax Year
2025
Taxes
$11,413
Map
Community
- Address505 Foresteria Drive Lake Park FL
- SubdivisionKELSEY CITY
- CityLake Park
- CountyPalm Beach
- Zip Code33403
Subdivisions in Lake Park
- APARTMENTS AT TIMBERLAKE CONDO
- BAY REACH CONDO
- BRANET SQUARE CONDO
- CONGRESS BUSINESS PARK PLAT NO 2 PUD
- ELEVEN TWENTY FIVE OLD DIXIE CONDO
- KELSEY CITY
- KELSEY CITY IN PB 8 PGS 15 TO 18, 23, 27 & 34 TO 37 INC
- LAKE HARBOUR
- LAKE HARBOUR TOWERS
- LAKE HARBOUR TOWERS CONDO
- LAKE PARK
- LAKE PARK ADD 1
- LAKE PARK PLAT OF BLKS 32-A, 53-A, 87, 101, 101-A, 107 & 107-A
- LAKE SHORE CONDO
- Lake View
- LAKE VIEW CONDO APTS
- NAUTILUS 220 CONDOMINIUM
- OLD DIXIE CONDO WAREHOUSE 1
- PARK AVENUE CONDO
Market Summary
Current real estate data for Single Family in Lake Park as of Sep 05, 2026
19
Single Family Listed
68
Avg DOM
362
Avg $ / SqFt
$587,300
Avg List Price
Property Summary
- Located in the KELSEY CITY subdivision, 505 Foresteria Drive Lake Park FL is a Single Family for sale in Lake Park, FL, 33403. It is listed for $750,000 and features 3 beds, 4 baths, and has approximately 1,732 square feet of living space, and was originally constructed in 1945. The current price per square foot is $433. The average price per square foot for Single Family listings in Lake Park is $362. The average listing price for Single Family in Lake Park is $587,300.
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505 Foresteria Drive
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