Property Description
Fully leased quadplex with multifamily zoning (up to 10 units) in a high-growth Lake Park location. Immediate cash flow from day one with all units occupied, plus strong upside through future redevelopment or added density. Prime location just minutes to the Intracoastal, 8-10 minutes to Singer Island beaches, ~3 minutes to Publix, with quick access to US-1, I-95, and ~20 minutes to PBI Airport. High-demand rental corridor supports consistent occupancy and long-term appreciation. Stabilized income with built-in upside. Opportunities like this are limited. 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Wall/Window Unit(s)
Heating: Window/Wall
Lot Size: 0.14 Acres
Roof Type: Composition, Shingle
Stories: 1.0
Taxes: $11,413
Year Built: 1945
Square Feet: 2,325
Amenities
None
Feature Descriptions
Exterior: Block, Stucco, Wood Siding
Flooring: Clay, Tile
Laundry: Electric Dryer Hookup, In Garage, Inside, Washer Hookup
Lot: Interior Lot
Lot: Interior Lot
Other Equipment: Satellite Dish
Parcel#: 36434220010180440
Pets Allowed: Yes, No Restrictions
Sewer: Public Sewer
SQFT Living: 1732
Units: 4
Utilities: Electricity Connected, Sewer Connected, Water Connected
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public
Waterfront Features: None
Local Schools
High School: Palm Beach Gardens
Middle School: Howell L. Watkins
Elementary School: Lake Park
Listed By / Shown By
Listed By
Agency Name: DJ & Lindsey Real Estate
Agency Phone: 904-643-6199
Shown By
Agency Title: Watson Realty Corp., REALTORS ® - Career
Agency Phone: (866) 243-8193
Estimate Your Payment
Estimated Payment
$ 4,962.24 per month $3,792.41 Principal & Interest $951.08 Property Tax $218.75 Homeowner's InsuranceChange Payment Information
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505 Foresteria Drive | MLS# B26013374
This multi-family property located at 505 Foresteria Drive, Lake Park, FL 33403 is currently listed for sale with an asking price of $750,000. Search Lake Park real estate on www.joinwatson.com today.