505 Foresteria Drive, Lake Park FL 33403
505 Foresteria Drive, Lake Park, FL, United States, 33403
505 Foresteria Drive, Lake Park, FL, United States, 33403Details
- Date added: Added 3 weeks ago
- Category: Single Family Residence
- Type: Residential
- Status: Active
- Bedrooms: 3
- Bathrooms: 4
- Half baths: 0
- Total rooms: 3
- Area: 1732 sq ft
- Lot size: 0 sq ft
- SubdivisionName: KELSEY CITY
- ListOfficeName: One Sotheby's International Realty
- ListAOR: Miami Association of REALTORS®
- MLS ID: B26048563
Overview
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Description:
Discover a rare four-unit investment opportunity in the high-growth Lake Park area. This unique property features a three-bedroom main residence plus a triplex with three fully occupied efficiency units, offering immediate rental income from day one. Whether you're an investor seeking strong cash flow or a homeowner looking to offset your mortgage, this property offers exceptional flexibility. Live in the main home while the rental income helps cover your monthly expenses, or maximize its full investment potential and bring in $97,500/yr in revenue. Ideally located just minutes from the Intracoastal Waterway. Singer Island beaches, Publix, US-1, I-95 and Palm Beach International Airport, the property sits in a thriving rental market with excellent long-term growth potential.
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Amenities
- Features:
- Security Features: Smoke Alarm, Smoke Detector(s), Smoke Detector
- Amenities:
- ExteriorFeatures: Barbeque
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- Cooling System: Yes
- PoolPrivateYN: No
- FireplaceYN: No
Location
Video
- Virtual Tour: https://www.propertypanorama.com/505-Foresteria-Drive-Lake-Park-FL-33403--B26048563/unbranded
Rooms
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Rooms:
Room type Kitchen LivingRoom PrimaryBedroom
Building Details
- Cooling features: Wall/Window Unit(s)
- Year built: 1945
- ArchitecturalStyle: Ranch, One Story
- ParkingTotal: 4
- NewConstructionYN: No
- Exterior material: Aluminum Siding, CBS Construction, Slab Construction, Stucco
- Roof: Comp Shingle Roof, Shingle, Tar & Gravel Roof, Tar/Gravel
- Heating: Window/Wall
- Parking: 2 Or More Spaces, Driveway, On-street, Open