$1,350,000
3883 Park Lane
Palm Springs, FL
Explore the area: Palm Springs homes for sale · Palm Beach County real estate
Price Check
How this price compares
- Asking price
- $1,350,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 19
This commercial property went under contract with an asking price of $1,350,000. It spent 19 days on the market before going under contract.
Estimated monthly payment
$7,095 /mo
Principal and interest only, based on $270,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,350,000
- Days on Site
- 19 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 2,158 sqft
- Lot Size
- 0.77 Acres
- Year Built
- 1976
- Property Type
- Commercial
- MLS #
- B26074501
- Property Tax
- $16,474 (2026)
- County
- Palm Beach
- Status
- Under Contract
- Special Conditions
- Standard
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Commercial
- Status
- Under Contract
- Year Built
- 1976
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Parking
- Assigned
- Lot Size (Acres)
- 0.77
- Total Sq Ft
- 2,158
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- RM (city)
Interior Features
- Cooling
- Central Air / Wall Window Units
- Heating
- Central / Separate Meters
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Lot Features
- Sprinklers Automatic
Community & HOA
- Security
- None
- Utilities
- Electricity Connected / Sewer Available / Water Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 5690
About the Area
Browse Palm Springs homes for sale across every neighborhood and price point in Palm Beach. Available homes span single-family, townhome, and condo segments throughout the city. Palm Springs includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Palm Beach, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Palm Beach market data, see Florida Realtors' monthly statistics. Browse the latest Palm Springs listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 177
- Median List Price
- $157,000
- Median $/Sq Ft
- $188
- Avg Days on Market
- 118
Frequently Asked Questions
- How do I schedule a tour of 3883 Park Lane, Palm Springs, FL?
- Use the Tour button on this listing to request a showing of 3883 Park Lane, Palm Springs, FL. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 3883 Park Lane, Palm Springs, FL still available?
- 3883 Park Lane, Palm Springs, FL is currently listed as Under Contract, and has been on the market 19 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 3883 Park Lane, Palm Springs, FL?
- With 20% down ($270,000) on the $1,350,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3883 Park Lane, Palm Springs, FL is about $7,095/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 3883 Park Lane, Palm Springs, FL?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 3883 Park Lane, Palm Springs, FL. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 3883 Park Lane, Palm Springs, FL?
- Often, yes. The right offer on 3883 Park Lane, Palm Springs, FL depends on how it's priced against comparable commercial sales in Palm Springs, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of KW Innovations
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated September 11, 2026.
$1,350,000
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Listed by Ahmed Ribhi Abdeldayem PA, KW Innovations
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