3883 Park Lane, Palm Springs, Florida 33406
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$1,350,000

Commercial for Sale, 3883 Park Lane, Palm Springs, Florida 33406

  • MLS#B26074501

Listed By KW Innovations

The Commercial Property for Sale located at 3883 Park Lane, Palm Springs, Florida 33406 is currently for sale.

Date Updated : Sep 22, 2026
KW Innovations

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.

Location

3883 Park Lane, Palm Springs, Florida 33406

3883 Park Lane, Palm Springs, Florida 33406

Property features

Construction

  • Year built: 1976
  • Roofing: Composition/shingleShingle
  • Construction: Concrete/Block

Parking/Garage

  • Parking description: Assigned

Heating and Cooling

  • Heating System: Central
  • Cooling System: Wall Or Window UnitsCentral AC

Utilities

  • Other utilities: Sewer/SepticSewerPublicSewer Available Off SiteSeptic Tank