505 Foresteria DR, Lake Park, FL 33403
505 Foresteria DR, Lake Park, FL 33403
505 Foresteria DR, Lake Park, FL 33403
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Milton Knight

Milton Knight

+1(786) 917-3337
$750,000
Est. payment /mo
1,732 SqFt
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Key Details

Property Type Other Types

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,732 sqft

Price per Sqft $433

Subdivision Kelsey City

MLS Listing ID B26013374

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 1732

Year Built 1945

Annual Tax Amount $11,413

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Quadruplex

Property Description

Fully leased quadplex with multifamily zoning (up to 10 units) in a high-growth Lake Park location. Immediate cash flow from day one with all units occupied, plus strong upside through future redevelopment or added density. Prime location just minutes to the Intracoastal, 8-10 minutes to Singer Island beaches, ~3 minutes to Publix, with quick access to US-1, I-95, and ~20 minutes to PBI Airport. High-demand rental corridor supports consistent occupancy and long-term appreciation. Stabilized income with built-in upside. Opportunities like this are limited. 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.

Location

State FL

County Palm Beach

Area 5270

Zoning R1 (city)

Interior

Interior Features InteriorFeatures

Heating Wall Furnace

Cooling Ceiling Fan(s), Wall/Window Unit(s)

Flooring Clay, Tile

Equipment Satellite Dish

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Inside, In Garage

Exterior

Exterior Feature None

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Waterfront Description None

View Y/N Yes

Water Access Desc Public

View Other

Roof Type Composition,Shingle

Street Surface Paved

Total Parking Spaces 4

Private Pool No

Building

Lot Description Interior Lot, < 1/4 Acre

Story 1

Entry Level One

Foundation Concrete Perimeter, Raised, Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block,Stucco,Wood Siding

New Construction No

Construction Status Resale

Schools

Elementary Schools Lake Park

Middle Schools Howell L. Watkins

High Schools Palm Beach Gardens

Others

Senior Community No

Restrictions No Restrictions

Tax ID 36434220010180440

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Pets Allowed No Pet Restrictions, Yes

Virtual Tour https://www.propertypanorama.com/505-Foresteria-Drive-Lake-Park-FL-33403/unbranded

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BeachesMLS, Inc. (FLR) IDX
Listed by Micah L Volmer DJ & Lindsey Real Estate

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Milton Knight

Milton Knight

+1(786) 917-3337

Principal Real Estate Broker | License ID: 0663675

Principal Real Estate Broker License ID: 0663675

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