$1,300,000 ($329.95 per sqft)

Est. Mortgage $6,235/mo *

Quick Pre-Approval

Price History

$130,000
8/13/2025

$1,300,000
8/13/2025


3063 Floweva Street, #A, Palm Springs, FL, 33406

3063 Floweva Street, #A, Palm Springs, FL, 33406

6 beds

4 Full baths

1956

3,940 sqft

****6-unit multifamily property in South Florida.**** CITY WATER** NO SEPTIC!!!!The property consists of three separate buildings on one parcel: Front triplex with two 1 bed/1 bath units and one 3 bed/1 bath unit. Rear duplex with two 2 bed/1 bath units, and standalone 1 bed/1 bath cottage. Some units feature private fenced backyards, enhancing tenant appeal and retention. One of the 1 bed/1 bath units will be delivered vacant in June, allowing for immediate rental upside. Each unit has electric meter. Current gross rents $9,000/month or $108,000/year. Rents significantly below market, providing a strong value-add. Market rent estimates: 1 bed units $1,600-$1,750, 2 bed units $1,900-$2,000, and 3 bed units $2,400+. Pro forma gross income is approximately $133,200 annua


Status:

Active

Type:

Multi-family

Furnished Remarks:

No

Zoning:

RM(cit

Subdivision:

BRYANT PARK

Heating:

Central Individual

Cooling:

Central Individual

Levels:

1.0

Parking:

Open Parking

Est. Taxes:

$12,368

Construction

Other

Utilities

None

Lot Description:

1/4 to 1/2 Acre

Amenities:

None

MLS #:

RX-11115439


Community Info

School Info

Walk Score

Yelp


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