3883 Park Lane, Palm Springs, Florida 33406
- $1,350,000
- $1,350,000
Overview
- Multi Family, Commercial Sale
- 2158 Sqft
- 1976
Description
Excellent 5-unit multifamily investment opportunity in Palm Springs. Park Lane Apartments sits on approximately 0.77 acres and includes four 2BR/1BA units and one 3BR/1BA unit. Fully occupied with month-to-month tenants, offering strong value-add potential through renovations and rent increases. Features include separate electric meters, private patios and yards, individual laundry rooms, 16 parking spaces, and a recently repaved and restriped lot. Newer roof installed approximately 2023-2024. Current rents total $9, 600/month with projected market rents of approximately $11, 900/month. Offered at $1, 350, 000. Please do not disturb tenants.
Address
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Address: 3883 Park Lane
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City: Palm Springs
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State/county: FL
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Zip/Postal Code: 33406
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Country: US
Details
Updated on September 15, 2026 at 3:37 pm-
Property ID MSB26074501
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Price $1,350,000
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Property Size 2158 Sqft
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Land Area 0.77 Acres
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Garage Size x x
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Year Built 1976
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Property Type Multi Family, Commercial Sale
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Property Status Active
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MLS# B26074501
Additional details
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Listing Terms Cash, Conventional
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Roof Composition, Shingle
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Utilities Electricity Available, Water Available, Sewer Available
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Sewer Not Connected (at lot), Public Sewer, Other, Septic Tank
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Cooling Central Air, Wall/Window Unit(s)
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Heating Central
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County Palm Beach
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Property Type Commercial Sale
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Parking Assigned
Mortgage Calculator
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