3883 Park Lane, Palm Springs, FL Not Provided
- $1,350,000
- List Price
- $1,350,000
- Days on Market
- 10
- MLS#
- B26074501
- Year Built
- 1976
- Acres
- 0.77
- Building Name
- 3883-3889
- MLS Area Major
- 5690
Property 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.
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Additional Information
- Taxes
- $16,474
- Utilities
- Electricity Connected, Sewer Available, Water Available
- Heating
- Central, Separate Meters
- Air Conditioning
- Central Air, Wall/Window Unit(s)
- Exterior Construction
- Block
- Roof
- Shingle
Listing courtesy of KW Innovations. Contact: