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.
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 7, 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
Market Summary
Current real estate data for Single Family in Lake Park as of Jul 26, 2026
12
Single Family Listed
82
Avg DOM
374
Avg $ / SqFt
$580,558
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 $374. The average listing price for Single Family in Lake Park is $580,558.
Similar Listings Nearby
505 Foresteria Drive
Lake Park, FL