$750,000
505 Foresteria Drive
Explore the area: Lake Park homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $750,000
- Price per sq ft
- $433
- Vs. nearby sales
- 22% above
- Days on market
- 89
This 3-bedroom single-family home in Kelsey City is listed at $750,000, or $433 per square foot. It has been on the market for 89 days. The 5 most recent single-family home sales in the closings shown below sold at a median of $355 per square foot, so the asking price is 22% above what comparable homes here actually sold for.
Estimated monthly payment
$3,942 /mo
Principal and interest only, based on $150,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $750,000
- Days on Site
- 89 Days
- Bedrooms
- 3
- Total Baths
- 4
- Full Baths
- 4
- Partial Baths
- 0
- Living Area
- 1,732 sqft
- Total Sq Ft
- 2,325 sqft
- Lot Size
- 0.14 Acres
- Year Built
- 1945
- Property Type
- Single Family
- MLS #
- B26048563
- Property Tax
- $11,413 (2025)
- Subdivision
- KELSEY CITY
- County
- Palm Beach
- Status
- Active
- Special Conditions
- Standard
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1945
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Parking
- Driveway / Open / On Street
- Direction Faces
- South
- Lot Size (Acres)
- 0.14
- Living Sq Ft
- 1,732
- Total Sq Ft
- 2,325
- Structure Type
- House
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- R1 (city)
Interior Features
- Appliances
- Electric Range / Electric Water Heater / Microwave / Range / Refrigerator / Water Heater
- Cooling
- Wall Window Units
- Heating
- Wall Furnace
- Flooring
- Clay / Tile
- Fireplace
- Yes
- Interior Features
- None / Separate Shower
- Laundry
- Washer Hookup / Electric Dryer Hookup / Inside / In Garage
- Main Level Bedrooms
- 3
- Main Level Baths
- 4
Exterior Features
- Construction
- Aluminum Siding / CBS Concrete Block Structure / Block / Stucco / Vinyl Siding
- Roof
- Shingle / Tar Gravel
- Exterior Features
- Barbecue
- Architectural Style
- Ranch
- Lot Features
- Sprinklers Automatic / Less Than Quarter Acre
Community & HOA
- Security
- Smoke Detectors
- Utilities
- Electricity Connected / Sewer Connected / Water Connected
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Exchange1031 / Other
- Restrictions
- No Restrictions / Ok To Lease
- MLS Area
- 5270
Schools
- Elementary School
- Lake Park
- Middle School
- Howell L. Watkins
- High School
- Palm Beach Gardens
About the Community
Kelsey City is a community in Lake Park, Palm Beach County, Florida. Active listings are priced from $415,000 to $925,000. Homes were built between 1957 and 1972. Pure Equity lists homes in Kelsey City and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 12
- Median List Price
- $750,000
- Median $/Sq Ft
- $356
- Avg Days on Market
- 51
Frequently Asked Questions
- How do I schedule a tour of 505 Foresteria Drive, Lake Park, FL 33403?
- Use the Tour button on this listing to request a showing of 505 Foresteria Drive, Lake Park, FL 33403. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 505 Foresteria Drive, Lake Park, FL 33403 still available?
- 505 Foresteria Drive, Lake Park, FL 33403 is currently listed as Active, and has been on the market 89 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 505 Foresteria Drive, Lake Park, FL 33403?
- With 20% down ($150,000) on the $750,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 505 Foresteria Drive, Lake Park, FL 33403 is about $3,942/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 505 Foresteria Drive, Lake Park, FL 33403?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 505 Foresteria Drive, Lake Park, FL 33403. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 505 Foresteria Drive, Lake Park, FL 33403?
- 505 Foresteria Drive, Lake Park, FL 33403 is zoned for Lake Park (elementary), Howell L. Watkins (middle), Palm Beach Gardens (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 505 Foresteria Drive, Lake Park, FL 33403?
- Often, yes. The right offer on 505 Foresteria Drive, Lake Park, FL 33403 depends on how it's priced against comparable single family sales in Lake Park, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of One Sotheby's International Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 19, 2026.
$750,000
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Listed by Micah L Volmer, One Sotheby's International Realty
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Recent Sales
Recently sold homes in Kelsey City
These are the last 6 recorded closings in Kelsey City, with the price each home actually sold for rather than what it was listed at. They closed at a median of $355 per square foot. The most recent closed on September 25, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$615,000
Sold · September 25, 2026
434 Australian Circle
3 bed · 2 bath · 1,916 sqft · $321/sqft
$54,000 under the asking price
Sold$530,000
Sold · September 23, 2026
1133 7th Street
3 bed · 2 bath · 1,431 sqft · $370/sqft
$70,000 under the asking price
Sold$602,000
Sold · September 18, 2026
415 Park Avenue
3 bed · 2 bath · 1,698 sqft · $355/sqft
$48,000 under the asking price
Sold$500,000
Sold · September 16, 2026
255 Foresteria Drive
3 bed · 2 bath · 1,557 sqft · $321/sqft
$5,000 over the asking price
Sold$570,000
Sold · September 14, 2026
711 Laurel Drive
3 bed · 2 bath · 1,366 sqft · $417/sqft
$69,000 under the asking price
Sold$420,000
Sold · August 31, 2026
652 Bayberry Drive
0 bed · 3 bath · 1,647 sqft · $255/sqft
$5,000 over the asking price
See every recorded sale in Kelsey City or find out what your Kelsey City home is worth.
