505 Foresteria Drive, Lake Park FL 33403

Discover an exceptional four-unit investment opportunity in the high-growth Lake Park area of Palm Beach County. Located at 505 Foresteria Drive, Lake Park FL 33403, this residential single family residence offers a rare combination of flexible living and immediate rental income.

Built in 1945, the property includes a three-bedroom main home and a triplex with three fully occupied efficiency units. With approximately 1,732 square feet of living area, this one-story ranch-style property can be used in several ways. Live in the main residence while rental income helps offset your mortgage, or maximize the investment potential with projected annual revenue of approximately $97,500.

The home features a practical layout with utility and laundry space in the garage, washer hookups, and no additional designated interior features. Appliances include an electric range, microwave, refrigerator, and electric water heater. Cooling and heating are provided by wall and window units. Outdoor amenities include a barbecue area, while smoke alarms and smoke detectors add peace of mind. Pets are allowed.

Parking is convenient with two or more spaces, a driveway, open parking, and on-street parking. The property has city street and city frontage and is located in the Kelsey City subdivision. Nearby schools include Howell L. Watkins Middle or Junior School and Palm Beach Gardens High School.

Enjoy the best of South Florida living, with warm weather, beautiful beaches, boating, dining, shopping, and year-round entertainment. The property is just minutes from the Intracoastal Waterway, Singer Island beaches, Publix, US-1, I-95, and Palm Beach International Airport. Miami also offers world-class nightlife, cultural attractions, international cuisine, major sporting events, and excellent transportation connections, making the broader South Florida lifestyle especially appealing.

For more information or to schedule a private showing, call or text +1 786.468.4380 by Tel/WhatsApp.