505 Foresteria Drive, Lake Park FL 33403, Lake Park
$750,000
Lake Park, FL, 33403
Property details
- Bathrooms
- 0
- Living area
- 1,732 sqft
- Year built
- 1945
- Type
- Quadruplex
- Days on market
- 112
- MLS #
- B26013374
Listing courtesy of One Sotheby's International Realty · 561-997-7227. Listing agent: Micah L Volmer. MLS data last updated 2026-07-30.
Description
Rare four-unit investment opportunity in the rapidly growing Lake Park market. This unique property features a main residence plus a triplex with three efficiency units, generating $86,400 in annual gross rental income with immediate cash flow. Ideally located just minutes from the Intracoastal Waterway, Singer Island beaches, marina, brewery, theater, pickleball, 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, & outstanding investment. 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.
505 Foresteria Drive, Lake Park FL 33403, Lake Park — for sale, listed for $750,000 (0 bath, 1,732 sqft).
20 listings for sale in 33403 · median $432,500.
Time on market
This listing has been on the market 112 days; the median across 20 listings for sale in 33403 is 95 days.
n=20 · 2026-07-30 · Methodology
Market trend (our weekly archive)
Our weekly snapshot archive tracks the median for listings for sale in 33403: 2 weekly observations.
This history is computed from our own recorded market snapshots, not backfilled estimates.
n=19 · 2026-07-30 · Methodology
Run the numbers
Price-reduction climate
45% of 20 active listings for sale in 33403 are listed below their original asking price.
n=20 · 2026-07-30 · Methodology
Asking price vs segment median
$750,000 asks 73.4% above the $432,500 median across 20 listings for sale in ZIP 33403.
n=20 · 2026-07-30 · Methodology
Current market segment
Right now: 20 active listings for sale in 33403, median asking price $432,500.
n=20 · 2026-07-30 · Methodology
Browse this price segment
n=10 · 2026-07-30 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-30 · Methodology
The data relating to real estate listings on this website comes in part from the participating MLS via Bridge API. Information is deemed reliable but not guaranteed and should be independently verified. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.