505 Foresteria DR, Lake Park, FL 33403
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505 Foresteria DR, Lake Park, FL 33403
505 Foresteria DR, Lake Park, FL 33403
505 Foresteria DR, Lake Park, FL 33403
505 Foresteria DR, Lake Park, FL 33403
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Tara Panaccione

Tara Panaccione

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$ 750,000
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505 Foresteria DR Lake Park, FL 33403

3 Beds

4 Baths

1,732 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,732 sqft

Price per Sqft $433

Subdivision Kelsey City

MLS Listing ID B26048563

Style Ranch,One Story

Bedrooms 3

Full Baths 4

HOA Y/N No

Year Built 1945

Annual Tax Amount $11,412

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Single Family Residence

Property Description

3 bedroom home with 3 efficiency triplex totaling 4 units in a high-growth Lake Park location. Immediate cash flow from day one with all efficiency 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. Live in the house and pay the mortgage with the income from the triplex. Opportunities like this are limited.

Location

State FL

County Palm Beach

Community Kelsey City

Area 5270

Interior

Interior Features Shower Only

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Clay, Tile

Equipment Satellite Dish

Appliance Electric Range, Electric Water Heater, Microwave, Refrigerator

Laundry Washer Hookup, In Garage

Exterior

Exterior Feature Barbecue, Fence

Pool None

Utilities Available Electricity Available, Sewer Available, Water Available

Roof Type Composition,Shingle,Tar/Gravel

Total Parking Spaces 4

Private Pool No

Building

Lot Description <1 Acre, Sprinklers Automatic, < 1/4 Acre

Building Description Aluminum Siding,Block,Stucco, Living Area,Other

Faces South

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Ranch, One Story

Level or Stories One

Structure Type Aluminum Siding,Block,Stucco

Schools

Middle Schools Howell L. Watkins

High Schools Palm Beach Gardens

Others

Pets Allowed No Pet Restrictions

Senior Community No

Restrictions No Restrictions

Tax ID 36434220010180440

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Pets Allowed No Pet Restrictions

Virtual Tour https://www.propertypanorama.com/505-Foresteria-Drive-Lake-Park-FL-33403--B26048563/unbranded

Miami Association of Realtors (SEFMIAMI MLS)
Listed by One Sotheby's International Realty
Tara Panaccione

Tara Panaccione

Agent | License ID: 3299544

+1(305) 916-0597

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