Kelsey City, 505 Foresteria Dr

3
Beds
4
Baths
1,732
SqFt
$433
$/SqFt
Premium House
Built in 1945
Ranch
Barbecue
Rare four-unit investment opportunity in the rapidly growing Lake Park market. This unique property features a main house plus a triplex with three efficiency units, generating $82,200 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.
MLS Number: B26048563
On Site: 77 Days
Updated: 4 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 3
Bathrooms
  • Bathrooms: 4
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Barbecue
Interior, Heating and Cooling
  • Interior Features: None,SeparateShower
  • Equipment / Appliances: ElectricRange, ElectricWaterHeater, Microwave, Range, Refrigerator, WaterHeater
  • Heating Description: WallFurnace
  • Cooling Description: WallWindowUnits
Building and Construction
  • Floor Description: Clay,Tile
  • Construction Type: House
  • Year Built: 1945
  • Style: Ranch
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
  • Elementary School: Lake Park
  • Middle School: Howell L. Watkins
  • Senior High School: Palm Beach Gardens
Other Property Info
  • Listing Date: 2026-07-03T18:16:05.000-00:00
  • Directions: South
  • Pets Allowed: NoPetRestrictions, Yes
Taxes, Fees & More
  • Taxes: 11412.7
  • Security Information: SmokeDetectors
  • Parking Description: Driveway, Open, OnStreet
  • Total Floors in Building: 1

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Price History

Date
Event
Price
Change
Price Per
07/07/2026
Listed
$750K
 
$433 ft2
$4,661 m2
07/07/2026
$750K
Event
Listed
Price Per
$433 ft2
$4,661 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Micah VolmerOne Sotheby's International Realty • Buyer Agency Compensation .

Listing Location & Street View
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Scores

Walk Score®
Very Walkable. Most errands can be accomplished on foot
79

100
Bike Score®
Very Bikeable. Biking is convenient for most trips
72

100
Sound Score®
Bearable noise
76

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
34

100
Local Score
Limited local amenities nearby
2

100
Community Snapshot
1 – 7 BR
Bedrooms
$400K – $1.3M
Price Tier
790 - 5,700
SqFt Range
1958
Year Build
1
Total Floors

Subdivision Amenities

None
Park
Sidewalks

Lake Park
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