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3789 Davis Road, Palm Springs FL 33461

Commercial Recently Sold
$1,000,000

BTC: 11.66588894

ETH: 377.35849057

Sold on: 2024-01-31
1 days
0 room(s)

Overview

Rare FIND! Fully Occupied, Cash flowing Solid Concrete Block 5 unit Multi Family compound situated on over half an acre of prime land in Fabulous Palm Springs. Tenants are currently paying below market rents but are all month to month and most of them will agree to rent increases or can vacate. Some units are renovated and some have deferred maintenance from having very long term tenants. Central HVAC units and washer dryers are present as well as a personal dumpster for trash pickup. Recently painted with a fresh coat of paint and landscape, this property is ready for new management and has tremendous upside value potential. Tenants pay their own utilities.

Location

Florida • Palm Springs • 33461 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1978
Lot:
0.55 Acres
Heating:
Central
Price/sqft:
No Data
Cooling:
Central Air
HOA:
No Data

Valuation

Recent sales nearby
22 public-records sales within 0.5 mi
Median actual sale: $346K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$9,876
2023
All facts and features

  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

  • Property

    • Levels: 1

    Lot

    • Lot: 0.55 Acres

    Other Property Information

    • Parcel Number: 70434419110020161

    • Zoning: multi

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Other financial information

    • Annual tax amount: $9,876

  • Source details

    • MLS ID: R10948415

    Other facts

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33461
236
median $129K
Active
Same city
Palm Springs
131
median $159K
Active
Same type
Commercial
8
median $1.1M
Active
Similar price
$770K – $1.4M
8
median $884K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Elevate Realty LLC