Five-Unit Apartment
New
For Sale
$1,350,000
3883 Park Lane, Palm Springs, FL
Commercial Sale, Palm Springs, FL
Property Size2,158 SF
Lot Size0.77 Acres
Price / SF$625.58
Days on Market5
Property Features for 3883 Park Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM (city)
Parking
16
Parking features
Assigned
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.
Subdivision
5690
Standard status
Active
APN
70434418000007416
Size
2,158 SF
Lot size
0.77 Acres
Taxes and HOA fees
Tax Year
2026
Tax 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 Annual Amount
16474
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)
Utilities
Utilities
Water Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air, Window Unit(s), Wall/Window Unit(s)
Water source
Public
Amenities
separate electric meters
private patios and yards
individual laundry rooms
Building Details
Year built
1976
Floors in Building
1
Number of units
5
Building materials
Block
Roof type
Shingle
Listing Agency:
KW Innovations · Keller Williams Realty
(561) 735-3000
Listed By:
Ahmed Ribhi Abdeldayem PA · License #3309101
(305) 801-5871
Added: Sep 10
Changed: Sep 13
Last Checked: Sep 14 at 9:06AM
MLS# B26074501
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.
Investment Insights
Based on property information with market context.
This five-unit apartment property contains four 2BR/1BA residences and one 3BR/1BA residence within approximately 2,158 square feet. The 1976 building sits on 0.77 acres and is constructed of block. Each unit includes a private patio and yard, while individual laundry rooms and separate electric meters support unit-level functionality. The property is fully occupied with month-to-month tenants.
Located at 3883 Park Lane in Palm Springs, the site includes 16 assigned parking spaces. The lot was recently repaved and restriped, and the shingle roof was installed approximately in 2023-2024. Public water and septic service are provided, with RM city zoning.
Located at 3883 Park Lane in Palm Springs, the site includes 16 assigned parking spaces. The lot was recently repaved and restriped, and the shingle roof was installed approximately in 2023-2024. Public water and septic service are provided, with RM city zoning.
Key Highlights
- Five units: four 2BR/1BA apartments and one 3BR/1BA apartment
- Approximately 2,158 square feet on 0.77 acres
- Fully occupied with month‑to‑month tenants
Property Analytics
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Current Use
Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
741
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with private outdoor areas, individual laundry rooms, assigned parking, and separate electric metering.
Where is this apartment building located?
The property is located at 3883 Park Lane Palm Springs, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Five units: four 2BR/1BA apartments and one 3BR/1BA apartment; Approximately 2,158 square feet on 0.77 acres; Fully occupied with month‑to‑month tenants
