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$1,350,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 3883 Park Ln
General
- Price: $1,350,000
- HOA FEE: $1,800
- Taxes: $16,474 (2026)
- Status: Active
- Type: Commercial Multi-Family
- Source: Regional
- MLS ID: B26074501
- Updated: Today (9/10/2026)
- Added to Site: Today
Additional Information
- Security/Safety: None
Parking
- Total Spaces: 16
- Parking Features: Assigned
Location
- County: Palm Beach
- Building Name: 3883-3889
- Driving 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.
Community
- Community Name: 5690
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Central, Separate Meters
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Sewer Available, Water Available
- # Electric Meters: 5
Structural Information
- # Buildings: 2
- Construction: Block
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 2158
- Aprox. Leasable: 4,825 Sq. Ft.
- Year Built: 1976
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.77
- Lot Features: Sprinklers Automatic
- Zoning: RM (city)
- Fencing (Description): Back Yard
Financial Considerations
- Maint. Fee/Month: $1,800
- Tax Amount: $16,474
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Other
- 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)
- Property ID: 70434418000007416
Listed by KW Innovations
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Schools
Schools serving 3883 Park Ln
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Clifford O Taylor/Kirklane Elementary School 4200 Purdy Ln, Palm Springs, FL 33461 | PK-5 | 0.4 mi |
John I. Leonard High School 4701 10th Avenue North, Greenacres, FL 33463 | 9-12 | 1 mi |
Palm Springs Middle School, Palm Springs, FL 1560 Kirk Rd, Palm Springs, FL 33406 | 6-8 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3883 Park Ln
Date
Details
Price
Change
Source
9/10/2026
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3883 Park Ln
3883 Park Lane, Palm Springs, FL (MLS# B26074501) is a Commercial Multi-Family property. 3883 Park Lane is currently listed for $1,350,000 and was received on September 10, 2026. Want to learn more about 3883 Park Lane? Do you have questions about finding other Commercial Multi-Family real estate for sale in Palm Springs? You can browse all Palm Springs real estate or contact a Coldwell Banker agent to request more information.

