About This Home

This 0-bedroom, 0-bathroom residential multi family at 3883 Park Lane in Palm Springs, FL is listed for $1,350,000 ($626 per sqft). Built in 1976, the home offers 2,158 sqft of living space on a 0.77 acres lot.

Key Features

  • Built in 1976
  • 0.77 acre lot
  • 16 parking spaces

Property Details

1 story
16 spaces
1976

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$7,220/mo

20% down · 6.5% · 30 years

Principal$976
Interest$5,850
Insurance$394

Estimates only. Actual payments may vary.

Location

3883 Park Lane

Palm Springs, FL

Property Details

Construction

Block

Parking

Assigned

Heating

Central

Cooling

Central AirWindow Unit(s)Wall/Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 3883 Park Lane is listed at $1,350,000 ($626/sqft). The estimated monthly payment is $7,220 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1976, 0.77 acre lot, 16 parking spaces.

This property is listed by Ahmed Ribhi Abdeldayem PA.

AP

Ahmed Ribhi Abdeldayem PA

License 3309101

Agent at Realty professionals of Boynton Beach, LLC

Listed by Realty professionals of Boynton Beach, LLC · Broker phone: (561) 735-3000 · Broker website

MLS# B26074501· Source: BeachesMLS· 50 days on PropertySimple

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3883 Park Lane, Palm Springs, FL

Open this listing in: