906 Foresteria ,Quadruplex, Fourplex, Kelsey City for Sale

906 Foresteria for Sale

Price $1,050,000.00

• Lot size 10080
• Year Build 1973
• Waterfront
• Zip 33403
• Style
• Parking Description
• Pool Yes
• Status Coming Soon

Description

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.

KELSEY CITY LTS 1 TO 4 INC BLK 1

Less Than 1/4 Acre Lot, Less Than 1 Acre

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.

City:Lake Park,Roof:1:Flat Roof With Facade Front,Sewer:1:Public Sanitation,2:Sewer,Zoning:R2 (city),Country:United States,List A O R:BeachesMLS,Stories:2,Tax Year:2025,Latitude:26.7975982,Cooling Y N:1,List Price:1050000,Listing Id:B26066747,Longitude:-80.0708729,Mls Status:Coming Soon,Utilities:1:Water Connected,2:Electricity Available,3:Water Available,Year Built:1973,High School:Palm Beach Gardens,Living Area:3384,Postal Code:33403,Street Name:Foresteria,Coordinates:1:26.7975982,Lot Features:1:Less Than 1 Acre,Photos Count:69,Lot Size Acres:0.23,Lot Size Units:Square Feet,M I A M I R E_ Area:5270,M L S Area Major:Kelsey City,On Market Date:2026-08-20,Parcel Number:36434220010010010,Property Type:Residential Income,Stories Total:2,Street Number:906,Street Suffix:Drive,Public Remarks: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.,County Or Parish:Palm Beach County,Documents Count:1,Expiration Date:2027-08-12,List Office Name:Capital Investments R.E. Corp.,Listing Service:Limited Service,Standard Status:Coming Soon,Living Area Units:Square Feet,Postal Code Plus4:3124,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:KELSEY CITY,Tax Annual Amount:13344,Unparsed Address:906 Foresteria Drive, Lake Park FL 33403,M I A M I R E_ Blogging:1,Year Built Details:Resale,Building Area Total:4023,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:10080,M I A M I R E_ L P Amt Sq Ft:310.2837,M I A M I R E_ Num Floors:2,M I A M I R E_ Num Meters:1,Original List Price:1050000,I D X Participation Y N:1,M I A M I R E_ Last Status:Coming Soon,Number Of Units Total:2,Syndication Remarks: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.,Listing Contract Date:2026-08-20,Originating System I D:miamire,Showing Instructions:See Broker Remarks,Pet On Premises,Text Agent Phone Number,Street Number Numeric:906,Tax Legal Description:KELSEY CITY LTS 1 TO 4 INC BLK 1,M I A M I R E_ Current Price:1050000,Middle Or Junior School:Howell L. Watkins,M I A M I R E_ Municipal Code:36,M I A M I R E_ Num Leases Year:365,M I A M I R E_ Total Mortgage:225000,M I A M I R E_ Year Installed:1973,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Geographic Area:Palm Beach 5270; 5280; 5290,M I A M I R E_ Parcel Number M L X:3643,Contract Status Change Date:2026-08-22,Internet Address Display Y N:1,Number Of Units In Community:2,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),M I A M I R E_ Subdivision Number:1,M I A M I R E_ Acreage Description:1/4 Acre Or Less,M I A M I R E_ Environmental Audit:None,M I A M I R E_ Num Times Leased Year:365,M I A M I R E_ Agent Alternate Phone:561-906-5542,M I A M I R E_ Approx Sqft Total Area:10080,Internet Entire Listing Display Y N:1,M I A M I R E_ Dade Market Amt Assessed Amt:454278,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:310.28,Internet Automated Valuation Display Y N:1,