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Multifamily in Lake Park, FL 33403Kelsey City, 906 Foresteria Dr
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Beds
3,384
SqFt$281
$/SqFtPremium Multifamily
Built in 1973
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.
MLS Number: B26066747
On Site: 28 Days
Updated: 3 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Other
Interior, Heating and Cooling
- Heating Description: None
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Tile
- Construction Type: Quadruplex
- Year Built: 1973
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: 2026-08-20T20:34:39.000-00:00
- Pets Allowed: CatsOk,DogsOk,Yes
Taxes, Fees & More
- Taxes: 13344.45
- Real Estate Taxes: 454278
- Total Floors in Building: 2
- Total Units in Building: 2
- Total Units in Complex: 4
Apples-to-Apples Comparables
Price History
Current
$950K
High
$1.1M
Low
$950K
Total Change
-9.5%Date
Event
Price
Change
Price Per
09/14/2026
Price Reduced
$950K
-9.52%$281 ft2
$3,022 m2
08/20/2026
Listed
$1.1M
$310 ft2
$3,340 m2
09/14/2026
$950K
Event
Price Reduced
Change
-9.52%Price Per
$281 ft2
$3,022 m2
08/20/2026
$1.1M
Event
Listed
Price Per
$310 ft2
$3,340 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Imran Gunes • Capital Investments R.E. Corp. • Buyer Agency Compensation .
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Scores
79
100
72
100
76
100
0
100
34
100
2
100
Community Snapshot
1 – 7 BR
Bedrooms
$400K – $1.3M
Price Tier
790 - 5,700
SqFt Range
1958
Year Build
1
Total Floors
Lake Park Premium Premium Homes & Condos
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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