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3883 Park Lane
Palm Springs, FL
today
NEW
$1,350,000
Active
2,158
Sqft
0.77
Acres
1976
Yr. Built
MLS# B26074501
Cumulative Days on Market: Less than 1 · Includes prior listings · Currently listed since 09/11/26 · Data provided by the MLS.

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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Property Highlights

Property Type
Commercial Sale
Property Sub Type
Multi Family
Acres
0.77
Year Built
1976
Condition
Resale

Location

Area
5690
City/Township
Palm Springs
County
Palm Beach
Zoning
RM (city)

Property Details

Price
$1,350,000
Condition
Resale
Property Type
Commercial Sale
Property Sub Type
Multi Family

Building

Levels
One
Stories
1
Total Area
2,158

Interior Features

Area and Spaces

Number of Units
5

Interior Features

Accessibility Features
None
Security Features
None
Electic
Volts110

Heating and Cooling

Heating Features
Central, Separate Meters

Building Details

Construction

Year Built
1976

Materials

Construction Materials
Block
Roof
Shingle

Terms

Terms

Special Conditions
Standard
Special Terms
Cash, Conventional

Taxes

Tax

Tax (Annual)
$16,474

Heating, Cooling & Utilities

Cooling Features
Central Air, Wall Window Units

Utilities

Utilities
Electricity Connected, Sewer Available, Water Available
Sewer
Septic Tank
Water Source
Public

Lot

Acres
0.77
Lot Size
33,541.20
Lot Features
Sprinklers Automatic

Exterior Features

Fencing
Back Yard

Parking

Total Parking Spaces
16
Parking Features
Assigned

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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 11-Sep-2026 and are subject to change without notice. Interest rates provided by the St. Louis Federal Reserve Economic Data (FRED). All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
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Property History

Today
Property information last updated
Today
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: Less than 1 days (includes prior listings) · Currently listed since September 11, 2026. Data provided by the MLS.

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3883 Park Lane - MLS#B26074501 - $1,350,000
Listed by KW Innovations, Ahmed Ribhi Abdeldayem PA