3883-3889

3883 Park LanePalm Springs FLMLS Number B26074501

  • Price: $1,350,000
  • 1 Day on Market
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Federal 30-year interest rate: 6.76% last updated on Sep 10, 2026
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  • 0.77Acreage
  • 1976Year Built
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.
Listing by KW Innovations

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Ocean Estate Properties
Office: 561-504-9226
500 NE Spanish River Boulevard
Suite 104
Boca Raton, FL 33431

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Basic Information

  • Gross Income $115,200
  • Insurance Expense $8,500
  • Maintenance Expense $1,800

Location

  • Address3883 Park Lane
  • Area5690
  • Building Number3883
  • CountyPalm Beach
  • StateFL
  • StreetPark Lane
  • TownPalm Springs

Exterior

  • Fencing Back Yard
  • RoofShingle

Amenities

  • Cooling Central Air, Wall/Window Unit(s)
  • Cooling YN Yes

Water Body

  • Water AccessPublic

Legal

  • Parcel Number 70434418000007416
  • Universal Parcel Id urn:reso:upi:2.0:US:12099:70434418000007416

Tax Information

  • Tax 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)
  • Tax Year 2026
  • Taxes$16,474

Building

  • Building ConstructionBlock
  • Stories1
  • Units5
  • Year Built1976

Property

  • Number Of Buildings 2
  • Property Name3883-3889

Property Information

  • Acreage0.77
  • Lot Features Sprinklers Automatic
  • Occupant Type Tenant
  • Property Condition Resale
  • Property Sub Type Additional Multi Family

Parking

  • Parking Features Assigned
  • Parking Total 16

Basic Information

  • List Price$1,350,000
  • MLS NumberB26074501
  • Modification Date09/10/2026
  • Property SubTypeMulti Family
  • Property TypeCommercial Sale
  • StatusACT
  • Virtual TourView Tour

Utilities

  • Electric 110 Volts
  • Heat SystemCentral, Separate Meters
  • Heating YN Yes
  • Utilities Electricity Connected, Sewer Available, Water Available
  • Waste Water DisposalSeptic Tank

Other

  • Date Listed09/10/2026
  • Documents Available Other
  • Possession Other
  • Special Listing Conditions Standard

Based on information submitted to BeachesMLS as of September 11, 2026 6:12 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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