250 Foresteria Drive, Lake Park, FL 33403

$812,000
6
BD
5
BA
3,120
SqFt

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Sold Price
$812,000
List Price
$979,000
Status
CLOSED
Days on Market
18
Closing Date
Jan 23, 2026
MLS#
R11142531
Subtype
Residential
Style
Florida
Year Built
1925
Bedrooms
6
Bathrooms
5
Full Baths
5
Living Area
3,120
Acres
0.29
Subdivision
Kelsey City
MLS Area Major
5270

Property Description

Rare opportunity to own a historic spacious income generating property in the heart of Lake Park, just minutes from North Palm Beach. This beautifully maintained estate includes a generously sized single family home plus a detached two story guest house offering exceptional rental flexibility in one of the area's most rapidly transforming neighborhoods. The main residence offers approximately 3600 square feet and features four bedrooms, three full bathrooms, a dedicated laundry room, and a brand new roof installed in 2024. The open layout flows seamlessly into the gated backyard retreat complete with an inground pool, mature landscaping, and ample outdoor space for entertaining or relaxing. The detached guest house includes two private rental ready units. The ground floor features a full studio apartment with kitchenette and bathroom, and the upper level offers a complete one bedroom apartment with full kitchen, private living area, and separate entrance. This home is located just blocks from Northlake Boulevard and U S 1, where the highly anticipated Village Place mixed use redevelopment is set to ignite property values and reshape the local lifestyle landscape. Residents will enjoy close proximity to future retail, dining, and civic space, positioning this property as a strategic long term asset. Buyers may also benefit from federal tax incentives available for income producing properties. Under current tax law, eligible owners may deduct a portion of the purchase price through accelerated depreciation, potentially reducing W2 or all source taxable income. Consult your tax advisor for details. This is a rare chance to secure a high quality residence with built in income potential in one of Palm Beach County's most promising communities.

Additional Information

Amenities
Park, Picnic Area, Sidewalks, Street Lights, Trail(s)
Interior Features
Built-in Features, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Pantry, Sitting Area in Primary, Storage, Separate Shower, Upper Level Primary
Exterior Features
Awning(s), Balcony, Outdoor Living Area
Taxes
$14,529
Property Description
Florida
Flooring
Ceramic Tile, Laminate, Wood
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
Heating
Central, Wall Furnace
Air Conditioning
Central Air, Ceiling Fan(s), Wall/Window Unit(s)
Exterior Construction
Block
Stories
2
Levels
Two
Roof
Composition, Shingle
Pool
Yes
Parking Features
Driveway, RV Access/Parking
Elementary School
Lake Park
Middle School
Howell L. Watkins
High School
Palm Beach Gardens
View
Garden, Pool

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Calculator source: Real Geeks

Listing courtesy of Nicklaus Vance. Contact:

Selling Office: Sotheby's Intl. Realty, Inc..

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Lisa Fishman | Email: lisa@lisafishmanhomes.com