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3883 Park Lane Palm Springs, FL $ 1,350,000
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3883 Park Lane
$ 1,350,000
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3883 Park Lane

Palm Springs, FL
$ 1,350,000
Bedrooms-- Baths-- Sq 2,158

Monthly Estimate*

$ 8,524

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Commercial Property for sale in Palm Springs, FL

for $1,350,000. This 2,158 square foot building was built in 1976 on a lot size of 0.77.

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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Commercial Active

Price

$ 1,350,000

Property Type

Commercial

Taxes

$ 16,474

Style

Lot Size

0.77

Year Built

1976

Town/City

Palm Springs

County/Region

Palm Beach

MLS | Web ID

B26074501
Features
General
Sewer Septic Tank
Heating Central Separate Meters
Cooling Central Air Wall/Window Unit(s)
Utilities Electricity Connected Sewer Available Water Available
Possession Other
Roof Shingle
Security Features None
Construction Materials Block
Year Built 1976
Electric 110 Volts
Stories Count 1
Levels One
Property Subtype Multi Family
Tax Year 2026
Gross Income 115200
Building Name 3883-3889
Accessibility None
County Palm Beach
Insurance Expense 8500
New Construction false
Property Type Commercial Sale
Status Active
Directions I-95 to Forest Hill Blvd west to Kirk Road south on Kirk Road east on Park Lane. Property will be on the left.
City Palm Springs
Number Of Units Total 5
MLS Area 5690
Tax Annual Amount 16474
Property Condition Resale
MLS Area Minor PB19
Virtual Tour https://www.propertypanorama.com/3883-Park-Lane-Palm-Springs-FL/unbranded
Standard Status Active
Occupancy Type Tenant
Ownership Type Corporation
Property Sub Type Additional Multi Family
Legal Description 18-44-43~ N 295 FT OF S 335 FTOF E 172.6 FT OF W 657.6 FT OF NW 1/4 OF SW 1/4 (LESS W 142.6FT OF S 115 FT)
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Interior
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Fencing Back Yard
Parking Features Assigned
Lot Features Sprinklers Automatic
Water Source Public
Total Parking 16
Lot Size Area 33541.2
Number of Buildings 2
Building Area Total 2158
Lot Size Acres 0.77
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* Excluded Features
List By
Ahmed Ribhi Abdeldayem PA

Listing Agent

Affordability Calculator

$9,897
Per Month
86%
14%
0%
Monthly Principal & Interest
$8,524
Monthly Property Taxes
$1,373
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/10/2026$1,350,000 Listed Price

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3883 Park Lane, Palm Springs, FL, is a Commercial Property for sale at $1,350,000 with 2,158 sqft and a lot size of 0.77. 3883 Park Lane was built in 1976. The property's zip code is which is in Palm Springs, FL

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