Fully Leased Lake Park
For Sale
$750,000
505 Foresteria Dr, Lake Park, FL 33403
Quadplex in high-growth area with redevelopment potential and immediate cashflow.
Property SizeContact for details
Days on Market117
Property Features for 505 Foresteria Dr
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1945
Listing Agency:
(561) 323-1647
Listed By:
Micah L Volmer
(561) 323-1647
Source:
Elliman
Added: Apr 10
Changed: Jul 10
Last Checked: Aug 3 at 9:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Micah L Volmer
Investment Insights
Based on property information with market context.
This fully leased quadplex is located in a high-growth area of Lake Park. The property is zoned for multifamily use, allowing for up to 10 units. All units are currently occupied, providing immediate cash flow. There is potential for future redevelopment or added density. The location is near the Intracoastal, Singer Island beaches, and a Publix supermarket, with access to US-1 and I-95. Palm Beach International Airport is approximately 20 minutes away. The area is a high-demand rental corridor. The property offers stabilized income with potential for appreciation.
Key Highlights
- Fully leased quadplex PROVID
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
530
Businesses Nearby
Explore this area
Business Placement
Demographics for 33403, FL
13,779
Population
5,906
Households
2.3
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
3.3 sq mi
ZIP Area
4,175
Density / Sq Mi
$69,050
Median Household Income
$34,019
Median Earnings
$1,426
Median Rent
$340,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Quadplex in high-growth area with redevelopment potential and immediate cashflow.
Where is this quadplex located?
The property is located at 505 Foresteria Dr Lake Park, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Fully leased quadplex PROVID
