Premier Real Estate Group
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3883 Park Lane

Palm Springs, FL

MLS # B26074501· Active Under ContractIDX IDX

$1,350,000

Bathrooms
0
Living area
2,158 sq ft
Lot size
0.77 acres
Year built
1976
Type
Multi Family
Days on market
19

About this home

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.

Details

MLS #B26074501
StatusActive Under Contract
CountyPalm Beach
Parking spaces16
Stories1
ConstructionBlock
RoofShingle
HeatingCentral, Separate Meters
CoolingCentral Air, Wall/Window Unit(s)
WaterPublic
SewerSeptic Tank
UtilitiesElectricity Connected, Sewer Available, Water Available
Annual taxes$16,474

Listing courtesy of KW Innovations, Ahmed Ribhi Abdeldayem PA. Last updated Oct 2, 2026, 11:07 AM ET.

Request a showing

Mention MLS # B26074501 (3883 Park Lane) and when you would like to visit. A licensed real-estate professional will contact you.

Licensed brokerage

Premier Real Estate Group Inc

Broker of record Maxim Bohadana, Florida broker license BK3314523

(954) 703-4504

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IDX

The data relating to real estate for sale on this website comes in part from the IDX Program of BeachesMLS, Inc. Information is deemed reliable but not guaranteed. Listings held by brokerages other than Premier Real Estate Group Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Last updated Oct 2, 2026, 11:07 AM ET.

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