3883 Park Lane, Palm Springs FL 33406
Multi Family in Palm Springs
$1,350,000
Listing courtesy of KW Innovations; Ahmed Ribhi Abdeldayem. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.
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Multi Family, Commercial Sale
Details
Overview
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.
This multi family home located at 3883 Park Lane, Palm Springs FL 33406 is currently for sale and has been available on Brickellsold for 5 days. This property is listed at $1M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1976. 3883 Park Lane, Palm Springs FL 33406 is in Palm Springs county Palm Beach County.
Interior
- Flooring:
- Common walls with other units/homes:
Property
- Parking Features: Assigned
- Entry location:
- Exterior Features:
- View Description:
Construction
- Year Built: 1976
Community & HOA
- Security Features: No Fire Protection, No Security
- Amenities:
