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For sale
    • $750,000

    505 Foresteria Drive, Lake Park, FL 33403

    3beds
    1,732sqft
    : 
    $4,924/mo
    Get pre-qualified
    Single Family Residence
    Built in 1945
    6,098 Square Feet Lot
    $721,500 Zestimate®
    $433/sqft
    $-- HOA

    What's special

    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, 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, and outstanding investment potential. 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.
    15 days
    |
    121
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Micah L Volmer 561-323-1647,

    One Sotheby's International Realty

    Source: BeachesMLS,MLS#: B26048563MLS LogoOriginating MLS: BeachesMLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 4
      • Main level bathrooms: 4
      • Main level bedrooms: 3
      Heating
      • Wall Furnace
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Electric Range, Electric Water Heater, Microwave, Range, Refrigerator, Water Heater
      • Laundry: Washer Hookup, Electric Dryer Hookup, Inside, In Garage
      Features
      • None, Separate Shower
      • Flooring: Clay, Tile
      • Has fireplace: Yes
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 2,325
      • Total interior livable area: 1,732 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Driveway, Open, On Street
      • Uncovered spaces: 4
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Barbecue
      • Fencing: Back Yard,Fenced
      Lot
      • Size: 6,098 Square Feet
      • Features: Sprinklers Automatic, < 1/4 Acre
      Details
      • Additional structures: Other
      • Parcel number: 36434220010180440
      • Zoning: R1 (city)
      • Special conditions: Standard
      • Other equipment: Satellite Dish

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Aluminum Siding, Block, Stucco, Vinyl Siding
      • Foundation: Concrete Perimeter, Raised, Slab
      • Roof: Shingle,Tar/Gravel
      Condition
      • Resale
      • New construction: No
      • Year built: 1945

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: KELSEY CITY
      HOA
      • Has HOA: No
      Location
      • Region: Lake Park

      Financial & listing details

      • Price per square foot: $433/sqft
      • Tax assessed value: $389,282
      • Annual tax amount: $11,412
      • Date on market: 7/31/2026
      • Cumulative days on market: 42 days
      • Listing terms: Cash,1031 Exchange,Other
      • Electric utility on property: Yes

        Estimated market value

        $721,500

        $685,000 - $758,000

        $3,425/mo

        Price history

        DateEventPrice
        7/17/2026Listing removed$2,500$1/sqft
        Source: Zillow Rentals Report a problem
        5/18/2026Listed for rent$2,500+6.4%$1/sqft
        Source: Zillow Rentals Report a problem
        4/9/2026Listed for sale$750,000+733.3%$433/sqft
        Source: BeachesMLS #B26013374 Report a problem
        1/31/2026Listing removed$2,350$1/sqft
        Source: Zillow Rentals Report a problem
        12/18/2025Price change$2,350-6%$1/sqft
        Source: Zillow Rentals Report a problem
        10/22/2025Listed for rent$2,500$1/sqft
        Source: Zillow Rentals Report a problem
        10/22/2025Listing removed$2,500$1/sqft
        Source: Zillow Rentals Report a problem
        9/10/2025Price change$2,500-2%$1/sqft
        Source: Zillow Rentals Report a problem
        8/3/2025Price change$2,550-5.6%$1/sqft
        Source: Zillow Rentals Report a problem
        6/22/2025Price change$2,700-9.8%$2/sqft
        Source: Zillow Rentals Report a problem
        6/7/2025Listed for rent$2,995+19.8%$2/sqft
        Source: Zillow Rentals Report a problem
        3/4/2024Listing removed--
        Source: Zillow Rentals Report a problem
        12/16/2023Price change$2,500-9.1%$1/sqft
        Source: Zillow Rentals Report a problem
        9/20/2023Listed for rent$2,750+72.4%$2/sqft
        Source: Zillow Rentals Report a problem
        7/14/2014Listing removed$1,595$1/sqft
        Source: Go Section8 Report a problem
        6/16/2014Listed for rent$1,595$1/sqft
        Source: Go Section8 Report a problem
        10/4/2013Sold$90,000+80%$52/sqft
        Source: BeachesMLS #R9957878 Report a problem
        1/12/1995Sold$50,000$29/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,412 +3.3%$333,725 +10%
        2024$11,050 +3.1%$303,386 +10%
        2023$10,720 +31.1%$275,805 +10%
        2022$8,179 +16%$250,732 +10%
        2021$7,050 -1.3%$227,938 +0.4%
        2020$7,143 +4.7%$227,005 +10%
        2019$6,823 $206,368 +2.3%
        2018$6,823 +13.2%$201,721 +8.1%
        2017$6,025 +3.4%$186,594 +20.3%
        2016$5,827 +6.1%$155,047 +10%
        2015$5,491 +12.5%$140,952 +10%
        2014$4,879 +44.3%$128,138 +27.9%
        2013$3,383 +3.8%$100,147 +5.5%
        2012$3,259 -19%$94,911 -23.8%
        2011$4,024 +2%$124,502 +2%
        2010$3,944 -21.7%$122,007 -38.3%
        2008$5,037 -1.8%$197,731 -7.8%
        2007$5,130 -8.1%$214,413 -1%
        2006$5,582 +205.2%$216,490 +64.2%
        2004$1,829 +85.7%$131,819 +29.1%
        2003$985 -57.7%$102,136 +1.9%
        2002$2,330 -19.5%$100,270 +4.5%
        2001$2,893 +1.6%$95,988 +1.5%
        2000$2,849 +21.9%$94,530 +10.2%
        1999$2,337 $85,815
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33403

        Getting around

        70 / 100
        Somewhat Walkable
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lake Park
        • Middle: Howell L. Watkins
        • High: Palm Beach Gardens

        Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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