This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/26
$750,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/26
Property 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.
Full Property Details
Full Property Details for 505 Foresteria Dr
General
- Price: $750,000
- Taxes: $11,412 (2025)
- Status: Active
- Type: Single Family
- Source: Regional
- MLS ID: B26048563
- Updated: 7/31/2026
- Added to Site: 26 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: None, Separate Shower
- Fireplace: Yes
- Fireplace(s): Wood Burning
- Appliances: Electric Range, Electric Water Heater, Microwave, Range, Refrigerator, Water Heater
- Flooring: Clay, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Main Floor Baths: 4
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup, Inside, In Garage
Additional Information
- Security/Safety: Smoke Detector(s)
- Equipment: Satellite Dish
Exterior
- Exterior Features: Barbecue
Parking
- Total Spaces: 4
- Parking Features: Driveway, Open, On Street
Location
- County: Palm Beach
- Subdivision: KELSEY CITY
- Direction Faces: South
School Information
- Elementary School: Lake Park
- Middle School: Howell L. Watkins
- High School: Palm Beach Gardens
Community
- Community Name: 5270
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Ranch
- Structure Type: House
- Construction: Aluminum Siding, Block, Stucco, Vinyl Siding
- Roof: Shingle, Tar/Gravel
- Stories/Levels: 1
- Building Size: 2325
- Square Feet: 1,732
- Sq. Ft. Source: Public Records
- Living Area: 1,732 Sq. Ft.
- Year Built: 1945
- Property Condition: Resale
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.14
- Frontage: City Street
- Lot Features: Sprinklers Automatic, 1/4 Acre
- Zoning: R1 (city)
- Fencing (Description): Back Yard, Fenced
Financial Considerations
- Tax Amount: $11,412.7
- Tax Year: 2025
- Terms: Cash, 1031 Exchange, Other
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: KELSEY CITY LTS 44~ 45 & W 1/2 OF LT 46 BLK 18
- Property ID: 36434220010180440
Listed by One Sotheby's International Realty
Get Pre-Approved Today
Schools
Schools serving 505 Foresteria Dr
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Lake Park Elementary School, Lake Park, FL 410 3rd Street, Lake Park, FL 33403 | PK-5 | 0.3 mi |
Howell L. Watkins Middle School 9480 Macarthur Boulevard, Palm Beach Gardens, FL 33403 | 6-8 | 1.8 mi |
Palm Beach Gardens High School 4245 Holly Drive, Palm Beach Gardens, FL 33410 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 Foresteria Dr
Date
Details
Price
Change
Source
7/07/2026
Listed
$750,000
733.33%
MLS
9/25/2013
Sold
$90,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 505 Foresteria Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,051
—
$333,725
-30%
2024
$11,051
3%
$477,755
-10%
2023
$10,720
52%
$533,513
134%
2021
$7,051
-14%
$227,938
-33%
2022
$8,180
16%
$342,225
41%
2021
$7,051
3%
$242,255
17%
2019
$6,826
13%
$206,368
10%
2018
$6,025
3%
$187,607
10%
2017
$5,827
6%
$170,552
10%
2016
$5,491
6%
$155,047
10%
2015
$5,168
6%
$140,952
10%
2014
$4,879
44%
$128,138
28%
2013
$3,383
—
$100,147
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 Foresteria Dr
505 Foresteria Drive, Lake Park, FL 33403 (MLS# B26048563) is a Single Family property with 3 bedrooms and 4 full bathrooms. 505 Foresteria Drive is currently listed for $750,000 and was received on July 31, 2026. Want to learn more about 505 Foresteria Drive? Do you have questions about finding other Single Family real estate for sale in Lake Park? You can browse all Lake Park real estate or contact a Coldwell Banker agent to request more information.

