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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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906 Foresteria Dr , Lake Park, FL 33403
$950,000
Est. Payment: $2,111.11/mo
4 Bed
2 Bath
3384 Sqft
Status: Active | Days on site: 23
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FLL802513 - FLL276531695
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House 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.

Highlights

Listed by Imran Gunes , 561-906-5542 Capital Investments R.E. Corp. , 561-275-1554.

Property Type

Multi-Family

Lot/Acreage
0.23

Year Built

1973

County

Palm Beach

Area

5270

Neighborhood

Kelsey City

Listing ID

B26066747

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Floor:Tile
Water:Public

Exterior Features

Lot:<1 Acre,< 1/4 Acre
Zoning:R2 (city)
Roof:Flat,Tile
Sewer:Public Sewer
Principal Interest
$2,111
Taxes
$1,112

Home Price

$950,000

Loan Details

30 yrs
%

Down Payment

20%
$190,000
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Monthly Price:
$2,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,111.11 $1,112.00 $0.00 $3,223.11
Yearly $25,333.33 $13,344.00 $0.00 $38,677.33
Total $760,000.00 $400,320.00 $0.00 $1,160,320.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lake Park, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.