Excellent investment opportunity featuring 4 units, each offering 2 bedrooms and 1 bathroom. All four units are currently rented below market value, providing potential for increased future rental income. Three of the four units have been renovated, while the remaining unit offers additional value-add potential. Current gross rental income is $6,550 per month / $78,600 annually. Tenants pay their own electric; owner pays water, common-area electric and landscaping. Common laundry area with washer and dryer, with potential to convert to coin-operated laundry for additional income. Zoned PADD - Park Avenue Downtown District with multiple permitted uses. Tenant occupied. Please do not disturb tenants. Buyer to verify all information and zoning.
For sale
$1,050,000
906 Foresteria Drive, Lake Park, FL 33403
4beds
2baths
3,384sqft
Quadruplex, Multi Family, Multi Family
Built in 1973
-- sqft lot
$-- Zestimate®
$310/sqft
$-- HOA
What's special
- 6 hours |
- 10 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Imran Gunes 561-906-5542,
Capital Investments R.E. Corp.
Source: BeachesMLS,MLS#: B26066747
Originating MLS: BeachesMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- None
Cooling
- Central Air
Features
- Flooring: Tile
Interior area
- Total structure area: 4,023
- Total interior livable area: 3,384 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
Accessibility
- Accessibility features: None
Features
- Exterior features: Other
Lot
- Size: 10,080 Square Feet
- Features: < 1/4 Acre
Details
- Parcel number: 36434220010010010
- Zoning: R2 (city)
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Block
- Roof: Flat
Condition
- Resale
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: KELSEY CITY
HOA
- Has HOA: No
Location
- Region: West Palm Beach
Financial & listing details
- Price per square foot: $310/sqft
- Tax assessed value: $454,278
- Annual tax amount: $13,344
- Date on market: 8/22/2026
- Listing terms: Cash
- Tenant pays: Electricity
- Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,188/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2026 | Listed for sale | $1,050,000-15.3%$310/sqft |
Source: | ||
| 12/20/2025 | Listing removed | $1,239,000$366/sqft |
Source: | ||
| 4/19/2025 | Price change | $1,239,000-0.1%$366/sqft |
Source: | ||
| 12/30/2024 | Listed for sale | $1,240,000$366/sqft |
Source: | ||
| 12/16/2024 | Listing removed | $1,240,000$366/sqft |
Source: | ||
| 5/22/2024 | Price change | $1,240,000-4.2%$366/sqft |
Source: | ||
| 3/29/2024 | Listed for sale | $1,295,000$383/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 33403
Nearby schools
GreatSchools rating
- 4/10Lake Park Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10Howell L. Watkins Middle SchoolGrades: 6-8Distance: 1.5 mi
- 3/10Palm Beach Gardens High SchoolGrades: 9-12Distance: 2.7 mi
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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