
$750,000
Farm for Sale, 505 Foresteria Drive, Lake Park, Florida 33403
- MLS#B26048563
- 3
- 4
161 m² (1,732 ft²)
Listed By One Sotheby's International Realty
The Farm for Sale located at 505 Foresteria Drive, Lake Park, Florida 33403 is currently for sale. This property has 3 bedrooms, 4 bathrooms.
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.
Location
505 Foresteria Drive, Lake Park, Florida 33403
Property features
Property
- Property size:
161 m² (1,732 ft²) - Features: DrivewayLaundry Area In GarageWasher Hookup
Lot/Land
- Lot Description: Fenced
Construction
- Year built: 1945
- Roofing: Tar And GravelComposition/shingleShingle
- Construction: Cbs ConstructionSlab Construction
- Exterior: StuccoAluminum Siding
Parking/Garage
- Parking description: On Street
Bedrooms
- Bedrooms: 3
Bathrooms
- Total bathrooms: 4
- Full bathrooms: 4
Other Rooms
- Appliances: Electric Water HeaterRangeMicrowaveRefrigerator
- Laundry description: Laundry Area In Garage
Interior Features
- Floors: TileClay Tile
recreational
- recreational: Barbeque
Security
- Features: Smoke Detector
Heating and Cooling
- Cooling System: Wall Or Window Units
Utilities
- Telecommunication: TV Satellite Dish
- Other utilities: SewerPublicSewer Available Off SitePublic Sewer
Community
- Features: Pets Allowed
School information
- High School: Palm Beach Gardens
- Middle School: Howell L. Watkins