$899,000

Price reduced

906 Foresteria Drive, Lake Park FL 33403

3,384 sq ftBuilt 1973MLS# B26066747

Email to a friend

Email this property to a friend

By submitting you agree to be contacted about your request. Privacy policy

About this property

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.

Property details

Property type
Multi-family
Year built
1973
Living area
3,384 sq ft
Price per sq ft
$266
Property taxes
$13,344/yr
Floors in building
2
Building / community
Kelsey City
Status
Price reduced
MLS #
B26066747

Listing courtesy of Capital Investments R.E. Corp..

Location

Similar properties

Photo of 651 Foresteria Drive, Lake Park FL 33403 Price reduced
$900,000

Kelsey City

651 Foresteria Drive, Lake Park FL 33403
4 bd · 3 ba · 2,656 sq ft
MLS# B26070475 · Listing courtesy of Ask & You Shall Receive Realty
Photo of 330 CYPRESS Drive, Lake Park FL 33403 For sale
$849,000

Kelsey City

330 CYPRESS Drive, Lake Park FL 33403
7 bd · 5 ba · 3,104 sq ft
MLS# B26084714 · Listing courtesy of Coral Cove Realty Inc
Photo of 528 Date Palm Drive, Lake Park FL 33403 Price reduced
$795,000

Kelsey City

528 Date Palm Drive, Lake Park FL 33403
5 bd · 3 ba · 3,100 sq ft
MLS# B26047694 · Listing courtesy of Paradise Real Estate Intl