505 Foresteria Drive, Lake Park, FL 33403

$750,000
3
BD
4
BA
1,732
SqFt

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List Price
$750,000
MLS#
B26048563
Bedrooms
3
Bathrooms
4
Sq. Ft
1,732
Subtype
Single Family Residence
County
Palm Beach
Subdivision
Kelsey City
Region
5270
Year Built
1945

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.

Additional Information

Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
Roof
Shingle, Tar/Gravel
Sewer
Public Sewer
Water
Public
Exterior Features
Barbecue
Parking Spaces
4
Fireplace
Yes
Flooring
Clay, Tile
Construction
Aluminum Siding, Block, Stucco, Vinyl Siding
Living Area
1,732
Elementary School
Lake Park
Middle School
Howell L. Watkins
High School
Palm Beach Gardens
Pets Allowed
No Pet Restrictions, Yes

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of One Sotheby's International Realty. Contact: