
$950,000
Apartment for Sale, 906 Foresteria Drive, Lake Park, Florida 33403
- MLS#B26066747
314 m² (3,384 ft²)
Listed By Capital Investments R.E. Corp.
The Apartment for Sale located at 906 Foresteria Drive, Lake Park, Florida 33403 is currently for sale.
Description
Excellent investment opportunity featuring 4 units, each offering 2 bedrooms and 1 bathroom. All four units are currently rented below market value, providing potential for increased future rental income. Three of the four units have been renovated, while the remaining unit offers additional value-add potential. Current gross rental income is $6,550 per month / $78,600 annually. Tenants pay their own electric; owner pays water, common-area electric and landscaping. Common laundry area with washer and dryer, with potential to convert to coin-operated laundry for additional income. Zoned PADD - Park Avenue Downtown District with multiple permitted uses. Tenant occupied. Please do not disturb tenants. Buyer to verify all information and zoning.
Location
906 Foresteria Drive, Lake Park, Florida 33403
Property features
Property
- Property size:
314 m² (3,384 ft²)
Lot/Land
- Land/Lot size:
936 m² (10,080 ft²)
Construction
- Year built: 1973
- Roofing: Flat Tile
- Roof type: Flat
- Construction: Cbs Construction
Interior Features
- Floors: Tile
Heating and Cooling
- Cooling System: Central AC
Utilities
- Other utilities: SewerPublicPublic Sewer
Community
- Features: Pets Allowed
School information
- High School: Palm Beach Gardens
- Middle School: Howell L. Watkins