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0 Baths
2,158 sqft

$1,350,000

3883 Park Lane, Palm Springs FL

Price per sqft$625.58
Built in1976
Property size2,158 sqft
Property typeCommercial

Overview

Active

Listed Sep 10, 2026

Updated 21h ago

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.

Other Property Details

Taxes
$16,474
Tax Frequency
Annually
Maintenance Expense
$1,800

Listed with KW Innovations

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Data last updated 4:54 PM UTC, 9/20/2026

 

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