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Pinnacle Real Estate Group – FL

906 Foresteria Drive, Lake Park, FL 33403 (MLS# B26066747)

906 Foresteria Drive, Lake Park, FL 33403

New Listing
$1,050,000
Property Type: Residential Income Square Footage: 4,023 Status: Active
Current Price: $1,050,000 List Date: 8/22/2026 Last Modified: 8/22/2026

Overview

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.

Listing Details MLS# B26066747

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
4023
Building Area Source
Public Records
Living Area Main
3384
Living Area Source
Public Records
Adjusted Area Main
3354
Accessibility Features YN
No
Year Built
1973
Parking Total
6
Gated Community YN
No
Lot Size Area
10080
Lot Size Acres
0.23
Senior Community YN
No
Stories Total
2
Pool Private YN
No
LP/Assessed Value
2.31

Property Features

Documents Available: Copy Of Lease(s) Exterior Features: Other Flooring: Tile Leasing Permitted Details: Okay To Lease; Short Term Rentals Allowed Property Condition: Resale Special Listing Conditions: Standard Structure Type: Quadruplex Tenant Pays: Electricity Construction Materials: CBS Cooling: Central Individual Heating: None Listing Terms: Cash Pets Allowed YN: Yes Pets Allowed: Cats OK; Cats Only; Dogs OK Possession: Subject To Tenant Rights Restrictions: No Restrictions Roof: Flat Sewer: Public Sewer Tax Information: City/County Utilities: Electricity Available; Water Available Water Source: Public Showing Requirements: Text Listing Agent Unit 1 Appliances: Microwave; Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit; Window Coverings Unit 1 Parking Features: Open Parking Unit 1 Rooms: Kitchen Unit 2 Appliances: Microwave; Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Unit 2 Rooms: Kitchen Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1050000
Negotiable Seller Concessions YN
No
Listing Service
Limited Service
Seller Represented YN
No

Location and Legal

Country
United States
County Or Parish
Palm Beach
Street Number
906
Street Name
Foresteria
Street Suffix
Drive
Municipality Type
Incorporated
Municipal Code
36
State Or Province
FL
Postal Code
33403
Postal Code +4
3124
Subdivision Name
KELSEY CITY
Area
5270
Geographic Area
PB26
Elementary School
Lake Park
Middle Or Junior School
Howell L. Watkins
High School
Palm Beach Gardens
Special Assessment YN
No
Parcel Number
36434220010010010
Subdivision Number
Yes
Zoning
R2 (city)
Flood Zone
X

Financial Information

Master Association YN
No
Tax Annual Amount
13344.45
Tax Year
2025
Tax Assessed/SOH Value
454278
Tax Legal Description
KELSEY CITY LTS 1 TO 4 INC BLK 1
Assessor Market Value
553879
Estimated Monthly Assoc Recurring Fee
0

Status Change Information

Major Change Timestamp
2026-08-22T07:15:21Z
Major Change Type
New Listing
Status Change Date
2026-08-22

More Information

Leasing Permitted Details

Leasing Permitted YN
Yes
Okay To Lease
Yes
Short Term Rentals Allowed
Yes

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
4
Separate Gas Meters YN
No
Separate Water Meters YN
No
Number Of Meters Total
Yes

Pet Details

Pet Fee YN
No

Leasing Restrictions

Leasing - Max Times Per Year
365
Leasing - Minimum Number of Days
365

Unit 1 Details

Actual Rent
1700
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
846

Unit 1 Lease Description

Currently Leased YN
Yes
Lease Term
12 Months
Lease Expiration
2027-06-30
Occupant Type
Tenant

Unit 1 Parking Details

Carport YN
No
Garage YN
No

Unit 2 Details

Actual Rent
1450
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
846

Unit 2 Lease Description

Currently Leased YN
Yes
Lease Term
Month To Month
Lease Expiration
2026-08-20
Occupant Type
Tenant

Unit 2 Parking Details

Carport YN
No
Garage YN
No

Price Calculations

Current Price To SqFt
310.28

Originating Details

Originating System Key
20260821000346358305000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Exterior Features

Other
Yes

Flooring

Tile
Yes

Property Condition

Resale
Yes

Special Listing Conditions

Standard
Yes

Documents Available

Copy Of Lease(s)
Yes

Structure Type

Quadruplex
Yes

Tenant Pays

Electricity
Yes

Possession

Subject To Tenant Rights
Yes

Sewer

Public Sewer
Yes

Utilities

Electricity Available
Yes
Water Available
Yes

Heating

None
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes

Roof

Flat
Yes

Water Source

Public
Yes

Cooling

Central Individual
Yes

Showing Requirements

Text Listing Agent
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

Cats OK
Yes
Cats Only
Yes
Dogs OK
Yes

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Unit 1 Appliances

Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes
Window Coverings
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 1 Rooms

Kitchen
Yes

Unit 2 Appliances

Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes

Unit 2 Parking Features

Open Parking
Yes

Unit 2 Rooms

Kitchen
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes
Less Than 1 Acre Lot
Yes
IDX
Listing Office: Capital Investments R.E. Corp.
Last Updated: August - 22 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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