Home > Florida > Lake Park > KELSEY CITY > 505 Foresteria Drive, Lake Park FL 33403

Single Family Residence for sale in KELSEY CITY

505 Foresteria Drive, Lake Park FL 33403
List Price:$750,000

Details

3
4
2325 Sq Ft
1945
  • List Price: $750,000
  • Description: Single Family Residence
  • City: Lake Park
  • Subdivision: KELSEY CITY
  • Annual Tax: $11,412
  • County: Palm Beach County

Description

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.

Features

Property Features

  • Cooling: Wall/Window Unit(s)
  • Heating: Window/Wall
  • Flooring: Clay,Tile
  • Appliances: Electric Water Heater,Microwave,Electric Range,Refrigerator
  • Architectural Style: Ranch,One Story
  • Stories: 1
  • Roof: Comp Shingle Roof,Tar/Gravel,Shingle,Tar & Gravel Roof
  • Livingroom Features: Utility/Laundry In Garage
  • utilities: Electricity Available,Sewer Available,Water Available

Additional Features

  • Exterior Features: Barbeque
  • Parking: 2 Or More Spaces,Driveway,Open,On Street
  • Pets: Yes
  • Lot: Less Than 1/4 Acre Lot,Less Than 1 Acre,Fenced
  • Interior Features: No Interior Features,Utility/Laundry In Garage

Fees, Maintenance & Taxes

  • Tax Annual Amount: $0

School Information

  • County: Palm Beach County
  • Middle School: Howell L. Watkins
  • High School: Palm Beach Gardens

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