$ 1,350,000
-
$1,350,000
Price -
0
Bed -
0
Bath -
2,158
SqFt
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About the Listing 800014 - 276534739
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.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air,Wall/Window Unit(s)
- Heating: Central,Separate Meters
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Sprinklers Automatic
- Garage Capacity: N/A
- Parking Spaces: 16
- Zoning: RM (city)
- Roof: Shingle
- Others:
- Sewer: Septic Tank
- Parking Features: Assigned
Financial Details
- Tax Amount: $16,474
- Taxes w/Assessments: N/A
- Tax/Property ID: 70434418000007416
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
3883 Park Ln Palm Springs, FL
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