505 Foresteria Drive, Lake Park, FL 33403

$750,000
1,732
SqFt

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List Price
$750,000
MLS
B26013374
Status
ACTIVE
Type
Multifamily
Living Area
1,732

Property Description

Discover a rare four-unit investment opportunity in the high-growth Lake Park area. This unique property features a three-bedroom main residence plus a triplex with three fully occupied efficiency units, offering immediate rental income from day one with $86,400 in annual revenue. Whether you're an investor seeking strong cash flow or a homeowner looking to offset your mortgage, this property offers exceptional flexibility. Live in the main home while the rental income helps cover your monthly expenses, or maximize its full investment potential. Rental Income can be used to help qualify for mortgage. Walk to intracoastal, marina, brewery, theater, pickleball, and more. The property sits in a thriving rental market with excellent long-term growth 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.

Additional Information

Days on Market
112
Style
Fourplex
Lot Size
6,256
Exterior Features
West Of Us1, None
Year Built
1945
Development Name
Kelsey City
#Stories
1
Construction Type
Aluminum Siding, Concrete Block Construction, Slab Construction, Stucco

Mortgage Calculator

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Calculator source: Real Geeks

Listing Courtesy of One Sotheby's International Realty, Contact: