KELSEY CITY
505 Foresteria Drive, Lake Park FL 33403
3 beds · 4 baths · 1,732 ft²
$750,000
Est. Payment $3,992/mo
3
Bedrooms
4
Bathrooms
1,732
Sq. Ft.
1945
Year Built
1
Stories
31
Days on Market
Description
Rare four-unit investment opportunity in the rapidly growing Lake Park market. This unique property features a main residence plus a triplex with three efficiency units, generating $86,400 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.
Facts
- MLS#
- B26048563
- Subdivision
- KELSEY CITY
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1945
- Lot Size
- 6,098 ft²
- Sq. Ft.
- 1,732 ft²
- Sq. Mt.
- 161 m²
- Price per sq. ft.
- $433/ft²
- Price per sq. mt.
- $4,658/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 31 days
- Listed
- Jul 1, 2026
- Last Updated
- Aug 4, 2026
- Price/Lot Sq.Ft.
- $123/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
Market insights for Lake Park
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
September 2026
23
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 7/1/2026 | Listed for sale | $750,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$4,767/mo
Principal & Interest
$3,992
Property Tax
$625
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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