Listed by DJ & Lindsey Real Estate
$750,000
505 Foresteria Drive
Details
APN 36434220010180440
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 2,325
Units 4
NOI $64,933
Year Built 1945
Acreage 0.140
Zoning R1 (city)
Multifamily | 4 Units
Marketing description
Fully leased quadplex with multifamily zoning (up to 10 units) in a high-growth Lake Park location. Immediate cash flow from day one with all units occupied, plus strong upside through future redevelopment or added density. Prime location just minutes to the Intracoastal, 8-10 minutes to Singer Island beaches, ~3 minutes to Publix, with quick access to US-1, I-95, and ~20 minutes to PBI Airport. High-demand rental corridor supports consistent occupancy and long-term appreciation. Stabilized income with built-in upside. Opportunities like this are limited. 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.
Listing Contacts
Listed by DJ & Lindsey Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$64,933.00
$5,411.08/mo
Valuation Metrics
0
DSCR
8.66%
Cap Rate
8.66%
ROI
Map
Zoning
R1 ResidentialSingle FamilySingle Family Residence
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View all 7 uses
View all 7 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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