1 / 293883 Park Lane
Palm Springs, FL
MLS # B26074501· Active Under Contract 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 |
|---|---|
| Status | Active Under Contract |
| County | Palm Beach |
| Parking spaces | 16 |
| Stories | 1 |
| Construction | Block |
| Roof | Shingle |
| Heating | Central, Separate Meters |
| Cooling | Central Air, Wall/Window Unit(s) |
| Water | Public |
| Sewer | Septic Tank |
| Utilities | Electricity 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) 703-4504The 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.
