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505 Foresteria Drive

$750,000

505 Foresteria Drive, Riviera Beach, FL 33403

Active
Last Updated: 07/08/2026

64,933

NOI

2,325 sqft

Building Size

Details:
NOI:    $64,933
Building Size:    2,325 sqft
Units:    4
Year Built:    1945
Floors:    1
Gross Leaseable Area:    1,732
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot, Interior Lot, Less Than 1 Acre, West Of US 1
  • Gross Income: 78900
  • Bathrooms Total: 0
  • Documents Available: None
  • Architectural Style: One Story
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Heating: Window/Wall
  • Flooring: Clay, Tile
  • Construction Materials: Concrete Block Construction, Slab Construction, Stucco, Wood Siding
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.

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