$1,290,000
Palm Springs, FL 33461
MLS# R11141850
2956 sqft
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Property Description
This Investment in Palm Springs offers 2,492 square feet of residential income-producing space, presenting a solid investment opportunity for buyers seeking multi-unit ownership. Investment multi-unit configuration provides built-in diversification and multiple revenue streams from a single property. Located in Serubi Court Resub of Tr, this residential income property combines the benefits of concentrated ownership with operational efficiency. Whether you're an experienced investor or expanding your portfolio, this property delivers tangible value through its established multi-unit structure. The property is pre approved with Lendara Capital, financing available.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2025-11-19
Status: Active
Original List Price: 4200000
List Price: $1,290,000
Current Price: $1,290,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Springs
Postal Zip: 33461
Geographic Area: PB19
Country: United States
Street Number: 3918
Street Name: Serubi
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33461
Subdivision Name: SERUBI COURT RESUB OF TR
Area: 5690
Elementary School: Palm Springs (Palm Beach)
Middle Or Junior School: L. C. Swain
High School: John I. Leonard
Parcel Number: 70434419170000220
Zoning: RM
General Property Information
Number Of Units Total: 4
Living Area Main: 2492
Gated Community YN: No
Senior Community YN: No
Stories: 1
Pool Private YN: Yes
Property Sub Type: Quadruplex
Building Area Main: 2956
Building Area Source: Public Records
Year Built: 1955
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Annual Amount: 10528
Tax Year: 2024
Tax Legal Description: SERUBI COURT LT 22 & N 64 FT OF LT 23
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Back on Market Date: 2026-09-17
Major Change Timestamp: 2026-10-12T23:26:01Z
Major Change Type: Price Change
Price Change Timestamp: 2026-10-12T23:26:01Z
Status Change Date: 2026-09-17
Electric
Three Phase: 1
Exterior Features
RV Hookup: 1
Flooring
Tile: 1
Property Condition
Resale: 1
Documents Available
Other: 1
Meter Information
Separate Electric Meters YN: No
Separate Water Meters YN: No
Structure Type
Multi Family: 1
Tenant Pays
Electricity: 1
Water: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Sewer Available: 1
Water Available: 1
View
Pool: 1
Heating
Central: 1
Window/Wall: 1
Sprinkler Description
Auto Sprinkler: 1
Water Access
None: 1
Construction Materials
Concrete: 1
Stucco: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Pool Features
In Ground: 1
Roof
Flat: 1
Shingle: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 30080
Gross Income: 130800
Net Operating Income: 100000
Source Of Expenses
Owner Provided: 1
Cooling
Central Air: 1
Wall/Window Unit(s): 1
Showing Requirements
Call Listing Agent: 1
Text Listing Agent: 1
Pets Allowed YN
Yes: 1
Pet Details
Pet Fee YN: No
Storm Protection Details
Storm Shutters: 1
None: 1
Tax Information
City/County: 1
Unit 1 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 3900
Baths Full: 2
Beds Total: 3
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 1696
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Open Parking: 1
Unit 2 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 2000
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 1260
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Open Parking: 1
Unit 3 Details
Actual Rent: 1700
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Unit 4 Details
Actual Rent: 1600
Baths Full: 1
Beds Total: 1
Price Calculations
Current Price To SqFt: 381.21
Originating Details
Originating System Key: 20251119095238058899000000
Originating System ID: M00000170
Property Features
Documents Available: Other
Electric: Three Phase
Exterior Features: RV Hookup
Flooring: Tile
Property Condition: Resale
Structure Type: Multi Family
Tenant Pays: Electricity; Water
Source Of Expenses: Owner Provided
Construction Materials: Concrete; Stucco
Cooling: Central Air; Wall/Window Unit(s)
Heating: Central; Window/Wall
Levels: One
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pool Features: In Ground
Possession: Negotiable
Roof: Flat; Shingle
Sewer: Public Sewer
Sprinkler Description: Auto Sprinkler
Storm Protection Details: Storm Shutters; None
Tax Information: City/County
Utilities: Cable Available; Sewer Available; Water Available
View: Pool
Water Access: None
Water Source: Public
Showing Requirements: Call Listing Agent; Text Listing Agent
Unit 1 Appliances: Microwave; Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Open Parking
Unit 2 Appliances: Microwave; Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Open Parking
Supplements
The property is pre approved with Lendara Capital, financing available.
Listing Office: Partnership Realty Inc.
Last Updated: November - 02 - 2026
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