$1,300,000
Active
6d
$1,300,000
3431 LAKE WORTH
Palm Springs, FL 33461
0 sqft
Sub 19-44-43
$1,350,00013 days on marketActive
3883 Park Lane, Palm Springs, FL
Palm Springs, FL
0
Sq Ft
1976
Year Built
0.77 acres
Lot Size
Listing Snapshot
| List Price | $1,350,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.77 acres |
| Year Built | 1976 |
| Property Tax | $16,474/yr |
| MLS # | 1190391578 |
| Status | Active |
| Days on Market | 13 |
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.
General Features
- Property Type
- CommercialSale
- Sub-type
- MultiFamily
- Stories
- 1
- Parking Spaces
- 16
- Parking
- Assigned
- Zoning
- RM (city)
- Security
- None
- Utilities
- ElectricityConnected,SewerAvailable,WaterAvailable
Interior Features
- Heating
- Central,SeparateMeters
- Cooling
- CentralAir,WallWindowUnits
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Lot Features
- SprinklersAutomatic
- Fencing
- BackYard
Community Features
- MLS Area
- 5690
Map
Virtual Tour
View Virtual TourListed by Ahmed Abdeldayem PA · KW Innovations
MLS# 1190391578 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
MLS# 1190391578 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
Schedule a showing or ask a question — buyer representation is free.
Estimate Your Payment
$
20% down · Loan: $1,080,000
%
Est. Monthly$8,740
Principal & Interest$7,368
Property Tax$1,373
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.
