505 Foresteria Drive, Lake Park FL 33403, LAKE PARK, FL, 33403
Active45 days on marketListed Jul 1, 2026MLS #B26048563
About this home
505 Foresteria Drive, Lake Park FL 33403
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. Whether you're an investor seeking strong cash flowjor 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. Ideally located just minutes from the Intracoastal Waterway. Singer Island beaches, Publix, US-1, I-95 and Palm Beach International Airport, the property sits in a thriving rental market with excellent long-term growth potential.
Facts & features
The home at a glance
3
Bedrooms
4
Bathrooms
1,732
Sqft
0.14 ac
Lot size
1945
Year built
1
Levels
$433
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$5,439 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,439/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs KELSEY CITY
$433 vs $354
Days on market
45 vs 72 typical
Where $433/sqft sits among the 8 homes for sale in KELSEY CITY
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Kelsey City
Get to know Lake Park. See the full Lake Park guide →
Kelsey City — neighborhood snapshot
Population
6,439
Median age
40
Median income
$78,966
Median home value
$265,293
Avg household
3
Households w/ children
711
For the school run
Palm Beach County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Park market
$470K → $455K
Lake Park median sold, yr/yr
94.2%
Sale-to-list ratio (12 mo)
0 of 8
KELSEY CITY have cut their price
This home is listed 150% above the LAKE PARK 33403 median. See the full Lake Park market guide →
Paper trail
This home's history
Reality check
What actually sold near 505 Foresteria Drive
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$375,000
518 Crescent Dr, Lake Park FL 33403 · same community
4 bd · 2 ba · 1,722 sqft · $218/sqft · 197 DOM
Sold · Jun ’26$345,000
1400 Flagler Boulevard, Lake Park FL 33403 · same community
4 bd · 2 ba · 1,638 sqft · $211/sqft · 6 DOM
Sold · Apr ’26$330,500
308 Australian Circle, Lake Park FL 33403 · same community
4 bd · 3 ba · 1,827 sqft · $181/sqft · 1 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 505 Foresteria Drive — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 505 Foresteria Drive — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
505 Foresteria Drive FAQs
What would the monthly payment be for 505 Foresteria Drive, Lake Park FL 33403?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,439/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 505 Foresteria Drive, Lake Park FL 33403?+
The most recent tax bill on record (2025) was $11,412. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 505 Foresteria Drive, Lake Park FL 33403?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lake Park?+
At $750,000, this home is listed about 46% below the Lake Park median of $1,382,450. The market section on this page shows how the area is trending.
Which schools are assigned to 505 Foresteria Drive, Lake Park FL 33403?+
Lake Park Elementary School (elementary), Howell L. Watkins Middle School (middle), Palm Beach Gardens High School (high), Glades Construction Academy At West Technical (high) — Palm Beach County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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